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PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Thu Feb 10, 2022 7:05 pm
by yisrael
this indicator is a two stage setup...
going long...the yellow line must cross the zero line to the upside....and a green X should appear.
going short...the yellow line must cross the zero line to the downside....and a red X should appear.
image image

Re: PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Thu Feb 10, 2022 7:45 pm
by RplusT
yisrael wrote: Thu Feb 10, 2022 7:05 pm this indicator is a two stage setup...
going long...the yellow line must cross the zero line to the upside....and a green X should appear.
going short...the yellow line must cross the zero line to the downside....and a red X should appear.

Image


price-power.mq4
Don't see any difference to the CCI except the name.

Re: PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Thu Feb 10, 2022 8:29 pm
by andrei-1
Normalized CCI :mistake: . I need to go get some bread now. Then to the bank to pay the loan. We need to take a closer look :razz: .

Re: PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Thu Feb 10, 2022 8:42 pm
by yisrael
RplusT wrote: Thu Feb 10, 2022 7:45 pm Don't see any difference to the CCI except the name.
Great spotting...Thumbs-up 👍
But cci doesn't have dots...u may say price power is an upgrade to cci

Re: PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Fri Feb 11, 2022 5:21 pm
by yisrael
This indicator works better at period 20 and not 13 which is default

Re: PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Fri Feb 11, 2022 6:30 pm
by yisrael
The green dots are a confirmation of a break to the upside of the upper bollinger band with 1 standart deviation....
The red dot it is a break to the downside of the lower bollinger band

:facepalm:
Nothing to see here, folks

Re: PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Fri Feb 11, 2022 7:26 pm
by Deez

Re: PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Fri Feb 11, 2022 7:34 pm
by Deez
yeah 300 shows nice breakouts

Re: PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Sat Feb 12, 2022 12:12 am
by andrei-1
Deez wrote: Fri Feb 11, 2022 7:34 pm
Yes, an interesting thought (very long periods). :)

Re: PRICE-POWER INDICATOR FOR MT4 BY YISRAEL

Posted: Sat Feb 12, 2022 4:38 am
by sal
yisrael wrote: Fri Feb 11, 2022 5:21 pm This indicator works better at period 20 and not 13 which is default
i suggest to make CCI breaks zero and bb breaksout upper channel same candle .. for UP trend
thi will have more space for trading !! see snap marked
bb 5, 1
cci 20
option for TREND reconfirmaton SAR std