Forex Code

Unlock Trading Success w/ trend power indicator MT5

5 min read

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.