The TPI (Trend Power Index) is a MetaTrader 5 Forex indicator that tracks the trend of a currency pair in a given time period. It measures the strength of the current trend and then takes this one step further, by highlighting changes in the strength of the trend over time. This makes the TPI indicator an essential tool for both trend-followers and range-traders, as it allows them to better judge when to execute their trades and spots potential reversals. The TPI also features an easy-to-read histogram that quickly highlights dominant trends in specific timeframes, making it easy to pinpoint setup for a successful trade.
The EA to Countdown Close Orders Forex is an Expert Advisor that allows traders to easily and conveniently close profitable or losing orders with minimal time delay. It does this by automatically placing a pending order at a user-defined price level for a fixed time interval. This allows traders to quickly and accurately evaluate their orders before closing them in order to maximize profits or minimize losses. The EA allows traders to setup specific trading rules that manage the closing of their orders, helping to make trading more efficient and profitable.