Trend Power 3
Trend Power 3 — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around following the trend. It has 5 settings, for example bars back (default 125), m (default 2) and i (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 5 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Trend Power 3
Trend Power 3 is an indicator for MetaTrader 4. It has 5 settings, such as Bars back, M and I. MQL source code included.
Files in the download: channel-signal.ex4, FerruFx_Multi_info THV(2).ex4, Fibonacci Pivots THV.ex4, FXProSystems - best Trading Systems and Indicators.url, Trend Power Manual.pdf, trendpower.mq4.tpl, trendpowercurve.mq4, trendpowervisual.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Bars back | 125 | |
| M | 2 | |
| I | 0 | |
| Kstd | 2.0 | |
| S name | 1102 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Trend · MT4 Indicator · MQL4 Source Code