TST Market Power

Latest version of TST Market Power: download

Indicator TST MarketPower – new forex indicator in the family of TST indicators. Shows the most possible direction of current day.

It’s a middle-term indicator, which updates everyday 1-2 hours before start of London trade session.

Supported pairs: GBPUSD, USDCAD, EURUSD, AUDUSD.

Timeframe : any.

Description:
Power of market measured from 1 to 6.

Symbol before value means wishes of players on market to buy (+) or to sell (-).
Indicator should use in complex with other TST indicators. Recommended and necessarily – TST GlobalZone and TST Monthly.

Signal with value from 3 till 6 – strong signals to BUY.

Example:

If this signal is countertrend, when price upper than middle of zones or in SELL-zone (in TST GlobalZone indicator) – look at tendency of market, on your system, possible, that players wants more upper price for their sell-deals, or now is correction.

Signal with value from -3 till -6 – strong signals to SELL.

If this signal is countertrend, when price lower than middle of zones or in BUY-zone (in TST GlobalZone indicator) – look at tendency of market, on your system, possible, that players wants more lower price for buy-deals, or now is correction.

If signals of indicators TST MarketPower and TST Indexes have good correlation, it’s good symptom, then we should look place for deal in TST Levels.

Signal from -2 to 2 – weak signals. Look at other parts of your system.
On pairs EURUSD and AUDUSD, work of signals differs from more technical GBPUSD and USDCAD. So, better for EURUSD and AUDUSD use small lots on rollbacks, while you don’t get used to some features of this indicator on these pairs.

You can see how it works on history if download templates with historical data:

GBPUSD: download

USDCAD: download

Have a profitable trading!

Latest version of TST Market Power: download

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