Trend Power System is an indicator strategy with dynamic channel support / resistance levels. Can be used on any currency pairs and all time frames. But I would still prefer the H1. There, I think, more reliable signals.
Characteristics of Trend Power
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Platform: Metatrader4
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Currency pairs: Any, recommended Major
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Trading Time: European session and Around the clock for H1 and higher
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Timeframe: M5 or higher, recommended H1
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Recommended broker: RoboForex, InstaForex, XM
Rules of entry into the market by Trend Power System
Long entry:
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Appeared blue arrow up (better if at this time the price is near the bottom of the green line of the channel)
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Yellow star indicates a strong signal
Exit, when a signal of the opposite, when you see a red arrow or the price reaches the upper green channel boundaries.
Short entry:
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Appeared red arrow bottom (better if at this time the price is near the top of the green line of the channel)
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Yellow star indicates a strong signal
Exit, when a signal of the opposite, when you see a blue arrow or the price reaches the bottom of the green border of the channel.
In the archives Trend_Power.rar:
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channel-signal.ex4
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FerruFx_Multi_info THV(2).ex4
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Fibonacci Pivots THV.ex4
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trendpowercurve.mq4
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trendpowervisual.ex4
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trendpower.mq4.tpl
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Trend Power Manual.pdf
