Tips on how to use the Forex Power Indicator
The Forex Power Indicator is designed to help forex traders save time and boost profits by instantly identifying current trends and potential trade opportunities.
It identifies the relative strength of the major currencies based on monthly, weekly, daily, 4-hour, 1-hour, and 15-minute time frames. This relative currency strength is determined based on a highly-developed formula that weights the historical relationships that exist between the various currencies. These relative currency strengths are then used to identify the Top 5 currency pairs that are showing the highest potential for trade.
Just click the required timeframe at the top of the Indicator – either Monthly, Weekly, Daily, 4-hour, 1-hour, or 15 minute – and you’ll instantly receive two updated graphs that form the basis of this tool.
The graph on the left shows the current strength or weakness of each of the 8 main currencies – based on the detailed assessment formula we have developed. The graph on the right shows you the top 5 pairs, from all the combinations of pairs that involve the major currencies, that have been identified as having the most potential for trade. We also have training for the ADX Indicator.
The identified pair, and whether it’s a potential buy or sell, is indicated along the bottom of the graph. The actual graphs show the direction and relative strength of each currency in the recommended pair.
The numbers on the Y-axis of each chart represent average pips movement. For instance, if you’re looking at the 15-minute chart and the ‘USD’ bar is at level ‘5’ on the ‘Forex Power’ chart, it means it has moved a weighted average of 5 pips against the other 7 major currencies.
Similarly, if the ‘EUR’ bar is at level -4.5, then it means the Euro has moved down a weighted average of 4.5 pips against the other 7 major currencies. If the USD has moved up, and the EUR has moved down, then entering a Sell position on the EUR/USD will most likely be recommended in the ‘Top 5 pairs’ graph on the right.
This tool is not intended to be a complete solution for identifying trades. However, it is valuable as a way of identifying currency movements and determining potential trades for further analysis. We also have training for Average True Range Indicator.
If you want to see ALL of our tips, tricks, and training on exactly how we trade with the Forex Power Indicator tool please go here and get our exact strategy. It comes in a PDF so you will be able to save it and read it any time! Or just click the image below.
Used the right way, it will save you a lot of time and should work as a great addition to your current trade assessment processes.
How to get power indicator
Good day today, how do I get the power strategy you with the power indicator
https://report.tradingstrategyguides.com/forex-power-indicator-access here you go!
https://report.tradingstrategyguides.com/forex-power-indicator-access go here!
I am unable to get that indicator… When I click on the link it takes me to website where I have to put my email address – than I get email with link to this very same website where I am typing this comment… Where is the indicator please?
Scroll up the page and look for the blue box with blue text inside it which says “ CLICK HERE TO ACTIVATE THE FOREX POWER INDICATOR “.
So educative never knew what a support or resistance line is all about but i found it all in this presentation of yours
Thanks a lot
Даром не надо этот гнилой индикатор!
amazing informations on all crypto.
Every useful tool. What is the update frequency?
I Really like this tool. Thanks for making it. I bought your book too. Thank-you.
Hi admin. Is the strategy in the book different from what is taught in the video? Thanks.
Let me see
Very good
Nice
nice
Very good