Total_Power - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Total Power is a power indicator. It shows three lines: Bull Power, Short Power, and Total Power.
It has two tunable parameters:
BullPower = BullCount * 100 / power cycle
BearPower = BearCount * 100 / Power cycle Total power = Abs(BearCount - BullCount) * 100 / Power cycle
HighPW, LowPW - the highest and lowest prices within the power cycle range
MA - EMA (closing price, period MA)
Attachment download
📎 total_power.mq5 (9.71 KB)
Source: MQL5 #22986
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