Tesla Power Trends
Tesla Power Trends - it is simple and visual indicator that works with the most probable combinations and predicting space passing trend. Based on current data and is updated after each new tick. This is an excellent tool for all investors.
What is displayed on the screen
Steam and an arrow (arrow to the right displays the underlying trend. Indicates that the current trend is strong and stable enough for a given direction).
- EURUSD <- (Red - down direction, D1 and W1 candles go down)
- EURUSD ---> (Green - the upward direction, D1 and W1 candles go up)
- EURUSD / \ / \ /(Gray and variation between D1 and W1 is an unstable trend)
Percent Tesla (%): (more than 0%, the rising trend, green) (0% and less negative value, the downward trend, the red color)
Calculated strictly by a formula in accordance with a combination of the price action and the current trend direction. (From 50% a significant shift in the trend by 90% - the trend of late). Regardless of your trading style is always necessary to know the right direction you are trading.
These percentages are average values timeframes combination H4 and M5. They help determine the most accurate entry point.
Periods Tesla percentage (more than 0%, the rising trend, green) (0% and less negative value, the downward trend, the red color)
- Tesla Mn1, W1, D1%: Tesla Power displays the trend in those timeframes. Long periods (especially for trading positions)
- Tesla H4, H1, M30%: Tesla Power displays the trend in those timeframes. Average periods.
- Tesla M15, M5, M1%: Tesla Power displays the trend in those timeframes. Short periods.
Input Settings: Inscription "NO TRADE", "Buy", "Sell" prompt a good time to setup and login.
spread: The value of the spread pair: gray - exceeds a minimum value Spread you specified in the parameters, orange - below the minimum value.
volume: information D1, H1, 60, 30, 15, 5, 1 It displays the current amount of candles.
When "white" values of the volume of the current candle below the average. "Blue" value means that the amount of the current candle above average volume or volume last 120 candles.
candles direction: Information W1, D1, H1, 60, 30, 15, 5, 1 It displays the direction candles since it was opened (green color - the upward movement, the color red - the downward movement).
Alerts and messages: Icon with the image of the bell, letter or phone suggests the importance - or True The False The - you set configuration for sending alerts, e-mail and notifications (gray - not activated, the orange color - option enabled).
Item display
- Tesla Power% minimum: 50. The default - 50%, 0 to 49% - trends in this area is still strong. From 50 to 75% - a good time to set orders, more than 75% - the trend too retreated.
- Alerts only Spread less than: 15. The default - 15. Notifies pairs with a spread value smaller than this value.
- Enable messages. Pop-up alerts, e-mail and / or notification.
Note
No longer need to decide on a time frame or schedule set better adviser. It is programmed to use any pair or financial instrument with the notification of open orders and on the panel display. The indicator can be used on any pair or financial instrument that is compatible with MetaTrader 4.
LED has a high accuracy in a significant trend change moments. Not suitable for couples or trending markets. Do not use when expected to yield significant news.
You run the risk of losing some or all of your funds, even using this EA. Invest only within your ability. Before applying the Tesla Power Trends indicator refer to the risks associated with foreign exchange trading.
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