PRICE ACTION REAL POWER is an indicator that works on the author's exclusive algorithm for

determining trend movements.

Unlike other traditional indicators, PRICE ACTION REAL POWER doesn’t analyze the quotes of a currency
pair, but calculates the specific weight of the currencies in a pair concerning to the entire market basket!!
Further - the received value about the true strength of the two currencies included in a currency pair is
compared to each other in the form of a special chart, which defines the beginning and the end of trend
movements much more accurately and faster.

The PRICE ACTION REAL POWER indicator shows us much more profitable waves than unprofitable. At
the same time, the length of the profitable wave on average is several times greater than that of the
unprofitable. Thus, in order to make a profit, we only need to properly configure our money-management
system and specify trading conditions. Now I will share with you some of my own experience of using this
indicator.
The FIRST START of PRICE ACTION REAL POWER indicator
PRICE ACTION REAL POWER is a multi-currency indicator which simultaneously assesses the entire
market basket (all available currency pairs). Therefore, to start the indicator operation, it is necessary:
1. Add all available currency pairs in the «Market Watch» tab:
2. Before the first installation of the indicator, it is necessary to open all charts of quotes from the
"Market Watch" tab so that your trading platform automatically downloads all the quotes history
necessary for the indicator to work.
3. Pay attention to the name of the currency pairs in your terminal. Often brokerage companies add a
special symbol - suffix to the name of currency pairs. For Example - EURUSDf, EURUSD_с,
EURUSDm. Respectively - «_с», «m» - it's a suffix.
If the name of the currency pairs on your platform differs from the traditional name, specify this suffix
in the manual settings of the indicator:

write in the manual settings of the indicator suffix «m» if the name - EURUSDm

write in the manual settings of the indicator suffix «_c» if the name – EURUSD_c

How to setup PRICE ACTION REAL POWER

1. Open all charts of currency pairs quotes on which you plan to use the indicator.

2. Apply to each quotation schedule, the indicator REAL POWER:

After applying the indicator to the quote chart, load in indicator the set-file from the folder (you can
download the set-files on the indicator description page -
https://www.mql5.com/en/market/product/32647#!tab=tab_p_overview
The REAL POWER system uses a simple setup - one common set-file for one timeframe. In other words,
for the H4 timeframe, use a set-file (H4):

How to trade using the PRICE ACTION REAL POWER indicator?

Strategy 1 – trade in the FIBO CHANNEL (works well on any timeframes)
- Select in manual settings of the indicator the mode for the channel trading:
 1. Wait for the PRICE ACTION REAL POWER indicator line to reach one of the auxiliary levels above
or below the "0" level (default auxiliary alarm levels are configured for trading on the H4. To trade on
other timeframes, you need to define them manually).

2. After turning the indicator line and crossing the auxiliary level in the opposite direction - make a deal.
The indicator has an alert that will inform you about the reversal of REAL POWER line at the
auxiliary level.
3. At this time the indicator will set the Take Profit level at the center of the FIBO CHANNEL.

4. As the quotes move, the Take Profit level on FIBO CHANNEL will slightly shift. Thus, you need to
move the Take Profit level of your trade behind the target value of the indicator from time to time.
This kind of trailing Take Profit will allow you to flexibly manage open trading positions and follow the market.
If the price went against the open position, you will be able to exit the market with minimal losses during
rollback. If the price goes in the right direction (which happens in the vast majority of cases), you will get a
good profit.
5. Another option of profit taking, which is recommended to use simultaneously with the Take Profit
closing algorithm, is profit taking when the PRICE ACTION REAL POWER indicator line reaches the "0"
level.
Thus, you use two profit-taking algorithms at the same time:

• Profit-taking on physical TAKE PROFIT order

• Profit taking when the price reaches the "0" level on the PRICE ACTION REAL POWER indicator
scale.
If you make a deal and the indicator line is back above the signal level (and the quotes continue to move
against your trading position). Don't panic! In this case, wait for the POWER indicator line to make a new
level crossing and make another deal:
In this case, you will make a deal with a better price and will be able to close both deals with the best total
result.
In real you will get:
Variant 1 – the profit on the two deals
Variant 2 – profit on 1 trade and loss on 1 trade
Variant 3 - a loss on two deals (this situation is very rare) – if this happens, the profit on previous trading
operations will be much greater than any potential loss!!
You can learn more about how I trade using the PRICE ACTION REAL POWER indicator from my
video:

Watch my video on Youtube - https://youtu.be/Cro2BMary90

DIVERGENCE/CONVERGENCE
Another useful feature of the REAL POWER indicator is that it shows divergences perfectly. I will
not explain the theory - what is divergence. I will show by examples how it works in practice.
Once you have received the signal to turn the REAL POWER line at the auxiliary level, compare the
two adjacent vertices (two adjacent bottoms), which were formed on the indicator scale:

For ease of comparison - draw a trend line between these vertices:

Go to the quotes chart and find two vertices that correspond to the vertices of the indicator. Draw a
trend line between them:

If you have noticed - there is a difference between the tops of the indicator and the tops of the quotes
chart. This difference is DIVERGENCE. The indicator and the chart show different dynamics. In such
cases, the market a very quickly returns the fair value of the price. Therefore, signals of divergence
are profitable in more than 90% of cases.
Once you notice the divergence and the REAL POWER line has crossed the auxiliary level - make a
deal. Fix the profit either at the level of 0% FIBO CHANNEL or after touching the level «0» on the
REAL POWER scale.

However, it gives a much higher percentage of profitable trades than simple trading in the price
channel.
Divergence signals are very profitable! So I decided to create for trading on divergence another
indicator PRICE ACTION DIVER POWER. This product can be found on the MQL MARKET at this
link: https://www.mql5.com/en/market/product/34806#
It works on the principle described above. However, this indicator has a completely different signal
system.

Strategy 2 - trading on the trend (works well on H4 timeframe)

The "0" level of the PRICE ACTION REAL POWER indicator - is an important signal level. When the
indicator line crosses the "0" level, it means that the quotes of the currency pair change their trend or go for
a long correction.
Thus, the first signal at the conclusion of the deal - is the intersection line of the indicator is PRICE ACTION
REAL POWER of the "0"level:
- When the line crosses the level " 0 " downwards-there is a condition for the deal to SELL
- When the line crosses the level " 0 " up-there is a condition for the deal to BUY
Crossing the level "0" in the opposite direction - is the main signal about closing the trade and opening a
new deal in the opposite direction:

This is the answer to the question: «Where should I place a Stop Loss order?!». When working with the
PRICE ACTION REAL POWER indicator, it is better to use a virtual Stop Loss, namely to close trades at
the reverse intersection of the "0" level.
Where to fix the profit?
Fix the profit at the first auxiliary levels:

Also, after crossing the level 0 on the PRICE ACTION REAL POWER indicator scale, the Take Profit level
will appear on the quotes chart, which will help you to correctly determine the trading target!
Alternative way to fix Take Profit and Stop Loss (this algorithm works well for trend trading
strategy)
To do this, we use the standard Fibonacci grid of the MT4 platform:
The algorithm works well for trading simultaneously on two trades. After the conclusion of two deals, set
the Fibonacci grid on the chart of quotations:
1. Level 100 put on the level of deals.
2. Level 0 put on the nearest minimum (for BUY trades) or the nearest maximum (for SELL trades):
3. Take Profit level 1 put on the expansion of 161.8 Fibonacci grid.
4. Take Profit level 2 put on the expansion of 261.8 Fibonacci grid.
5. Level Stop Loss put on the 38.2 extension of Fibonacci grid.

Good news for those who do not have time to constantly be near the computer!! The REAL POWER indicator can
send PUSH notifications to your smartphone (how to configure PUSH-notification read here -
https://www.mql5.com/en/articles/476)

That is, the indicator can be installed on your home computer or VPS, scan the market and send you signals, and
you can trade using the mobile platform MetaTrade4/5 installed on your smartphone!!

Another important recommendation is the right choice of broker. We all want the best conditions for trading,
but we often open trading accounts in bad companies. If you want the best trading conditions – then work
with the Australian broker ICMarkets (large leverage - 1:500, minimum deal - 0.01, minimum deposit - 200
EUR, USD, GBP, AUD, NZD, CAD …, minimal spreads and super-fast execution of trading orders). Me and
all my friends trade with this broker! Because it is the best and most comfortable broker in the world!
Thank you and see you soon!
P.S. I will constantly improve of indicator PRICE ACTION REAL POWER.
P. P. S. After each update I will complement this manual.

P.P.P.S. Sorry for my bad English 😊