Technical Indicators for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Note !!: Because ZO Power needs a lot of historical candles to analyze, so Free Demo version will not show in the first time but it will show after you run enough candle. We recommend you try test Free Demo with backtest time for more than 6 months for H1 charts.
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ZO Power is a measure of trend strength on every currency pair. With ZO Power we can combine with many other systems to strengthen the certainty of each transaction.
ZO SYSTEM BASIC SETUP: https://www.youtube.com/watch?v=qdNOXHWozNw
ZO POWER User guide : https://www.youtube.com/watch?v=Z-IUh9SQvuc
Combined with ZO TREND : https://www.mql5.com/en/market/product/49138.
Combined with ZO SIGNAL : https://www.mql5.com/en/market/product/51681
Very good when combined with ZO ZONE (FREE) : https://discord.gg/ft3bxHe
Very good when combined with ZO MTF (FREE) : request ZO TRADER in Discord Group
Wiki : http://zoindicator.com/
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Version 2.9
- Add Connect Addon FrameWork
Version 2.8
- Optimize input parameters.
Version 2.6
- Fix text
Version 2.5
- Remove parameters Depth and replaced with auto mode which makes the chart viewable on all frames.
- Add Candle multi-timeframe feature.
Verison 2.3
- Fix some error in 2.2
- Now ZO POWER work very well
Version 2.2
- Add Depth parameter.
- Hot fix - ZOP run live time in color mode.
- Change Color Level default to 15%.
Verison 2.1
- Add Color Level parameter.
- Enhance color algorithms.
- Fix some error.
Version 2.0
- Additional features Color Mode.
* The color mode will show the severe slope of ZOP.
Version 1.29
- ZO Power now run good on D1, W1, MN with high Candle setting.
Version 1.20
- Upgrade POWER parameters.
- Reduced POWER parameters to 50% for show more details about momentum.
- Increase POWER parameter to 150% for show more momentum stability.
Version 1.11 - https://www.youtube.com/watch?v=kXHXDQRROH0
- Better formula.
- Increase stability and confirm more accurately.
- Add some note.
- Fixed some code allowing it to run lighter.
Version 1.0 - https://www.youtube.com/watch?v=P-pK9I5_ys8
Feature
- Analyze trend power based on how prices move.
- Predictions of prices may move forward or reverse.
Advantages
- Perfectly combined with simple systems.
- Easy to use
- Suitable for all trading styles
- No repaint
Defect
- Need many history of chart if you need too much candle and power to analysis. With setup 50 Candle and 0 Power, PO Power can need more than 1000 bars in your chart.
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FAQ:
1. ZO Power continue to be updated?
- Sure
2. Does ZO power work on all time frames?
- Sure, if your history bars enough for ZO analysis.
3. Which time frame is suitable?
- It all depends on the parameters you include. By default we put the best parameters for H1. You may have better specs.
4. Why can't buy ZO Power?
- This is our team's 4-year research product and we know it needs to be renewed regularly instead of just once.
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ZO VietNam Community: https://discord.gg/49vbQb7
ZO English Community: https://discord.gg/ugFSgQc
ZO Russian Community: https://discord.gg/TZzsbSk
