Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
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To learn more on how to use this indicator, please watch the video below
PipFinite Strength Meter
This indicator analyzes price action and determines the strength of the move in various levels. Uses unique adaptive algorithm that adapts to price action changes.
Compatible to all time frames and symbols. Universal compatibility to other trading systems. Can be used as a supporting tool or system
Gives advanced analysis categorized in 4 levels
Level‑1 (Weak) = Recommended to wait for a possible setup. We do not take trades to avoid false moves
Weak Bullish = Shows signs of building bullish pressure.
Weak Bearish = Shows signs of building bearish pressure.
Level‑2 (Moderate) = We can look to buy/sell
Moderate Bullish = Bullish strength is already evident. We can look for buying opportunities
Moderate Bearish = Bearish strength is already evident. We can look for selling opportunities
Level‑3 (Strong) = More confirmed signals, higher probability to buy/sell
Strong Bullish = Higher probability and confirmed bullish setup
Strong Bearish = Higher probability and confirmed bearish setup
Level‑4 (Impulsive/Exhaustive) = Very strong price action. Can be a signal for further buying/selling, or climactic move for reversal. Recommended to exit trades
Strong Bullish = Extremely bullish, can be signs of impulsive moves or possible reversal
Strong Bearish = Extremely bearish, can be signs of impulsive moves or possible reversal
Ideally used to confirm your existing trading systems
The tool will be effective when combined to your strategy as a filter
Bullish Level 2 & 3 = Ideal to look for buying
Bearish Level 2 & 3 = Ideal to look for selling
Determining the market strength helps us stay on the right side for the market.
This too is effective in confirmation to price action trading
Effective when combined with Support & Resistance
Effective when combined with Supply & Demand
Effective when combined with Candlestick Patterns
You can combine this indicator to increase effectiveness of
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