KARAS Power Meter
Indicator KARAS Power Meter indicates the direction of the trend and its strength.
Key features
- It is not redrawn!
- It works on all timeframes.
- Suitable for all traders including scalpers, swing traders, day, short-term and long-term traders.
- The indicator can be used for any tools.
- It is not redrawn!
- Easy to use advisors
- Compatible with a variety of trading strategies
- Bullish 1: Weak bullish. It means we should expect a bullish trend. An early sign of a growing trend.
- Bullish 2: Bullish. A good trend is up. If there is a signal to buy, you should open a buy position.
- Bullish 3: Reverse pulse or bovine. Be careful. It has two meanings.
- Bovine pulse (bullish breakdown). Open a buy position.
- Reverse bear (bearish reversal sign). Close a buy position.
- Bearish 1: Weak bearish. It means we should expect a bearish trend. An early sign of the falling trend.
- Bearish 2: Bullish. A good trend is down. If there is a signal to sell, you should open a position for sale.
- Bearish 3: Reverse pulse or bearish. Be careful. It has two meanings.
- Bear pulse (bearish breakdown). Open position for sale.
- Reverse bovine (bovine sign reversal). Cover the short position.
- trend filter
- Bullish 1 & Bearish 1 Not to trade the signals
- Bullish 2 : Only purchase
- Bearish 2 : Only sales
- Bullish 4 & Bearish 4 : Need direction analysis
Input parameters
- color bars
- Show History Bar Count: show the number of bars on the chart
- Show Info Labels: If false information labels will not appear on the display
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