5 stars for the effort and listening to the comments.” -Erdinc It has received a 5-star rating that is based on the following review: ConclusionĮxtract Candle Power identifies market trends by extracting the volume of the candles and can ultimately help traders to identify reversal points.
The developer includes 5 activations with any purchase and has also made free demo accounts available for testing. Traders can rent the indicator for $20 USD for one year, or purchase it for $10 more, which is a standard price for the type of product. Traders are also given several parameters to work with, which mostly revolve around the display and sessions section, with different color choices and the ability to disable the display of certain sections. Works with all timeframes, but is more accurate with higher timeframes.
Works with the MetaTrader 4 platform, which is the most commonly available and most recommended trading platform on the market. Here are a few facts about this indicator: Once the volume has been extracted, traders can use the situation to determine their current position or compare with the Moving Average to find reversal points. OverviewĮxtract Candle Power extracts the volume of candles in real-time and allows traders to analyze the volume of previous candles in order to identify the trend. The indicator was launched in November of 2017 and most previously updated to version 1.3 almost one year later. Extract Candle Power is a trading indicator that was created by the programmer Thushara Dissanayake, who has published 57 total products on the mql5 website.