PipFinite Strength Meter 外汇EA

How To Determine If The Market is Strong Or Weak?

Strength Meter uses an Adaptive Algorithm That Detect Price Action Strength In 4 Important Levels!

This powerful filter gives you the ability to determine setups with the best probability.

Features

• Universal compatibility to different trading systems
• Advance analysis categorized in 4 levels
• Level 1 (Weak) – Indicates us to WAIT. This will help avoid false moves
• Weak Bullish – Early signs bullish pressure
• Weak Bearish – Early signs bearish pressure
• Level 2 (Moderate) – We can look to enter trades with confirmation
• Moderate Bullish – Evident sign of bullish pressure
• Moderate Bearish – Evident sign of bearish pressure
• Level 3 (Strong) – Stronger direction. We can look to enter trades with less confirmation
• Strong Bullish – Higher probability and confirmed bullish pressure
• Strong Bearish – Higher probability and confirmed bearish pressure
• Level 4 (Impulsive/Exhaustive)- Take CAUTION, it required further analysis since price can go either way
• Impulsive/Exhaustive Bullish – Extremely bullish. Can indicate 2 scenarios
• Strong bullish breakout. A sign of a strong uptrend. Recommended to ENTER buy/long positions
• Climactic move in uptrend, a sign of bearish reversal. Recommended to EXIT long/buy positions
• Impulsive/Exhaustive Bearish – Extremely bearish. Can indicate 2 scenarios
• Strong bearish breakout . A sign of strong downtrend. Recommended to ENTER sell/short positions
• Climactic move in downtrend, a sign of bullish reversal. Recommended to EXIT sell/short positions
• Strength Filter – Ideally used to confirm your trade setups
• Bullish & Bearish Level 1 – Avoid any signal from your system
• Bullish Level 2 & 3 – Only look for buy setups on your system
• Bearish Level 2 & 3 – Only look for sell setups on your system
• Bullish & Bearish Level 4 – Analyze which direction the market may go
• Never repaints
• Never backpaints
• Never recalculates
• Calculation fixed at “Close of the bar”
• Works in ALL pairs & Timeframes
• Compatible with Expert Advisor development

Video References

Please Watch in High-Definition to further understand

• Strength Levels Explained (Click Here)
• Application (Click Here)
• Improving Other Filters (Click Here)