Strength Candles Indicator – balance of power between bulls and bears on all timeframes
Strength Candles Indicator is a informer that displays on the graph trading tool display of power between bulls and bears on the timeframes from M1 to D1 in the form of red and green histograms and its ratio in the range from 0 to 100%.
Under the title of trading instrument is displayed the total balance of forces buyers and sellers in percentage terms. This currency strength indicator does not use in their work the indicators such as RSI or moving averages, so the information is provided without any delay.
Characteristics of Strength Candles Indicator
- Platform: Metatrader4
- Currency pairs: Any currency pairs
- Trading Time: Around the clock
- Timeframe: M1 - D1
- Recommended broker: Alpari
Indications Strength Candles Indicator can not be used to enter the market, but the integration into any trend forex strategy it will be useful to determine the current trend.
In the setting of of the indicator is possible for changing of design.
In the archive Strength_Candles.rar:
- Strength Candles.tpl
Free Download Strength Candles Indicator