Forex Rouflex Power Strategy MT4 NEW MetaTrader 4
Power Trend Indicator With Signals For MT4
Non-repainting, trend-following indicator optimized for the Meta Trader 4 trading platform
Surely you’re familiar with this expression – ‘The trend is your friend, follow it’. This statement remains to be the Holy Grail of the most successful traders. The swing traders who look at daily charts and follow more prominent market trends that can last weeks or months are usually the real winners. They trade less but keep their positions open longer than most short-term market speculators. Riding the trend for weeks allows them to gain more significant profits and pay less in trading and processing fees. More significant trends can be tricky, and many novice traders struggle to recognize a strong trend. This is where our custom trend indicator can help you. Reflex Power is a technical, non-repainting MT4 trend indicator with free Forex signals. It is designed to be intuitive and easy to use but also features many advanced settings for professional trend traders.
The Smart Display window on the right corner of your trading chart shows dynamic price information by tick; it lets; Itu has a quick insight into upper time frames without the need to track the price action in multiple windows.
1. Trend Direction on Upper Time Frames
The trend on upper times frames is represented in the Smart Display as colour-coded squares. The indicator on upper time frames analyzes the trend. So if you are looking at a 1 Hour chart, these squares will show the existing trend analysis on 4 Hour and Daily charts.
2. Trend Power bar
This unique power bar displays the strength of a trend based on the Average Directional Index. When the trend is strong, the ADX power bar displays green bars. Red bars represent ADX values below 25, and green bars represent ADX values above 25. (More on this filter in the Technical section below)
3. Current Price in dynamic view
The Current Price follows each tick of the price action provided by your broker's feed. This price dynamically changes colour. When the price goes down, the lower values are shown in red. When the price goes higher, the numerical values are shown in green.
4. Candle Time countdown
Below the dynamic price is a candle counter which monitors the remaining time of each new candle on the chart. If you are on a 4 Hour chart, each candle is 4 hours long. This timer will count down to the next candle. This can be very useful for timing your trades.
5. Candle Direction on upper time frames
This shows the current direction of the candles on upper time frames. These can also be configured to show candle direction in any time frame. This feature helps time your trades.
The fast and lightweight script runs on multiple charts.
Unfortunately, many custom MT4 indicators work slowly or even crash the MetaTrader software. Moreover, when you try to remove them from your trading platform, they leave a logo or other objects on your screen, requiring you to add the indicator again or reinstall your entire MT4 platform, which can be very frustrating. Reflex Power Strategy is easy to install and run on your MT4 but is just as easily removed if required. Although our trend indicator is quite a comprehensive tool, it is still very lightweight because it was programmed to be extremely fast and responsive from the ground up. Not only will it run on multiple charts, but it can also run with different settings on each chart. The result is that you can quickly run Rouflex Power Strategy on multiple charts without slowing down the performance of your MetaTrader. The beauty of the Rouflex Power Strategy is that it is simple to use but also very versatile. Many novice traders over-complicate their trading charts, sometimes viewing more than 5 indicators simultaneously. Some indicators will send conflicting signals in these setups, and the user may feel mentally exhausted after each trading session.