Tesla Power Trends

The Tesla Power Trends a very easy and intuitive visual indicator that works with the most probable combination to predict where the trend of prices are going. It is based on current feed and is updated each coming tick.
This is a great tool for all kind of investors.

What you see in the Screen

1. Pair Symbol and Arrow (If you see an arrow in the right shows the Main trend: mean that the present trend its very steady and strong to that direction).
   EURUSD <-- (Red going Down, D1 and W1 candle going Down) EURUSD ---> (Green going UP, D1 and W1 candle going Up)
   EURUSD /\/\/( Gray D1 and W1 ranging not steady trend)

1. The Tesla percent (%) (more than 0% Trends UP Green) (Less than 0% and negatives values Trends Down Red)
   Is calculated with a strong formula according to a combination of price action and present trends direction. (From 50% trend bias seems to be very strong, from 90% trend bias bit late). Whatever your trading style, you always need to know if you trade in the right direction.
   The Tesla percent it's an average combination from values extracted between Tesla H4 and M5 Time frames giving the most precise setup entry to a new orders

1. Tesla Periods percentage: (more than 0% Trends UP Green) (Less than 0% and negatives values Trends Down Red) Tesla Mn1, W1, D1 %: Show you the Tesla Power trend in those TFs. Long Time (Specially for Position trading style)
   Tesla H4, H1, M30 %: Show you the Tesla Power trend in those TFs. Medium Time.
   Tesla M15, M5, M1 %: Show you the Tesla Power trend in those TFs. Short periods.

1. Entry Setup: The information behind the Power Trends, "NO TRADE", "Buy", "Sell" tells you a good moment to setup and Entry.

1. Spread: spread value of the pair or financial instrument: In Gray (Higher than the minimum spread value you assigned in indicator parameter), Orange is lower.

1. Volume Status: The info in D1, H1, 60, 30, 15, 5, 1 shows the current candle Volume status.
   If appear a "White" value volume in current candle is lower than the average, If "Blue" means the volume in current Candle is higher than the average or last 120 candles back.

1. Candle Direction: The info in W1, D1, H1, 60, 30, 15, 5, 1 shows the candle direction, from time opening of the current candle (Green is going UP, Red going Down) .

1. Alerts and Messages: The icons Bell, Letter and Phone indicates if you Set True or False to the indicator values to have alarms, E-mail messages and notification (Gray not activated, Orange Activated)

Indicator Parameters.

1. Tesla Power % minimum: 50. Default 50% , from 0 to 49% Trends are still not strong to a direction. 50 to 75% Good moment to setup orders, more than 75%, Trends has rolled a lot.
2. Alerts only Spread less than: 15. Default 15. Only Alerts pairs with spread less than the value.
3. Enable messages. Alert popup, Email and/or mobile notifications.

Note:

You don't have to worry in which TF or chart pair add the EA. The EA indicator is programmed to use on any pair or financial instrument to have alarms , open orders or visualize in the dashboard. Indicator can be used on any pair or financial instruments that works with Metatrader4

This indicator its very accurate in Very strong trends moments, not good for trending pairs or Markets, also not suitable to use when high impact news are on the move.


Thank you!

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