Total Power Indicator Signal for MetaTrader 5 is a signal-based version of the popular Total Power Indicator, designed to generate clear entry and exit signals.
This indicator builds on two standard MT5 tools: Bears Power and Bulls Power. It calculates how many bullish and bearish bars occurred within a user-defined lookback period, then computes proportional values — bear strength, bull strength, and net strength (the difference between bulls and bears) — for the current bar.
We recommend using the Total Power Indicator Signal in combination with other confirmatory indicators — such as trend filters or volatility tools — to reduce false signals and improve trade reliability.
Download Total Power Indicator Signal for MT5
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FAQ
What does Total Power Indicator Signal measure?
It quantifies the relative strength of bulls and bears over a defined period, outputting net momentum (bulls minus bears) and individual strength percentages.
Can it be used alone for trading decisions?
No — it’s designed as a signal generator, not a standalone system. Always combine with trend confirmation or volatility filters to avoid false entries.
Which timeframes work best with this indicator?
Works reliably on M15 to H4 charts; lower timeframes increase noise, while daily charts may delay signals. Optimal settings depend on your strategy and asset volatility.
