Forex Cloud Power MT4 Indicator

Forex Cloud Power MT4 Indicator:

About the Forex Cloud Power MT4 Indicator

Implementation of indication of trend movement with moments for potential stops in the Cloud Power indicator.
The transition to the shadow warns of a possible reversal. The entry of the price inside the shadow speaks of a flat movement. The indicator tracks the market trend with unmatched reliability, ignoring sharp market fluctuations and noise around the average price. Simple, visual and efficient use. The indicator does not redraw and does not lag.
It can be easily used as an independent trading system. The interpretation can be as follows: the location of the rate above or below the shadows indicates the presence of a trend. Works on all currency pairs and all timeframes.
Parameters:
  • Length – The number of bars for calculations.
  • Inertion – To calculate the amount of shadow.

Test results:

Forex Cloud Power MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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