Current Power Meter EXP

The Current Power Meter EXP Indicator is a popular and free Forex trading tool for the MetaTrader 4 (MT4) platform. Designed for traders of all levels, this indicator helps analyze the current market power of a currency pair, providing valuable insights for better trading decisions.

Features of the Current Power Meter EXP Indicator:

🔹 Real-Time Market Power Analysis: Displays the current strength of a currency pair using a histogram directly on the main chart window.
🔹 Trend Strength Identification: Helps traders determine if the market is in a bullish or bearish trend.
🔹 Multi-Indicator Calculation: Combines Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Exponential Moving Average (EMA) for accurate trend assessment.
🔹 Multi-Timeframe Support: Suitable for scalping, day trading, and swing trading strategies.
🔹 User-Friendly Interface: Easy to install and interpret, making it accessible for both novice and experienced traders.

Benefits for Traders:

✅ Identify Bullish and Bearish Trends: When the histogram is above zero, it signals a bullish trend; below zero, a bearish trend.
✅ Optimize Entry and Exit Points: Provides clear visual guidance for when to enter or exit trades based on market strength.
✅ Enhance Trading Decisions: Combines multiple indicators for a comprehensive assessment of current market conditions.
✅ Time-Saving: Instantly identifies strong or weak currency pairs without manual analysis.

The Current Power Meter EXP Indicator is a must-have tool for MT4 traders who want to better understand market trends, optimize their trading strategy, and increase their chances of profitable trades.

Input Settings & Controls

Login / Note Sections

note → Descriptive label or section note for organizational purposes.

Value / Threshold Settings

Low Value → Minimum threshold for monitored metric or signal.
Max Value → Maximum threshold for monitored metric or signal.

Alert Settings

PairAlert → Specific currency pair or instrument for generating alerts.
Alert Delay → Delay between consecutive alerts.
Hours → Timeframe considered for alert calculations.
sOutput → Output destination or format for alerts.
sPairs → List of pairs being monitored for alerts.
cCurrency → Currency being analyzed.
cScore High → Highest score or strength value for the currency.
cScore Hour / cScore HourVariable → Hourly score or strength value for the currency.

Devices Supported

Device Type	Operating System	Compatibility with TradingView
💻 Windows Laptop/Desktop	Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11	✅ Fully supported via app
🍏 MacBook / iMac	macOS 10.15+	✅ Fully supported via app
📱 Android / Mobile	Android OS	❌ Not supported

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