Invisible Power Indicator - Comprehensive Guide🏆 Motto:"Unlock the hidden strength of the markets - trade with the power of precision!"
📌 OverviewThe Invisible Power indicator is a sophisticated Stochastic-based trading system that identifies potential reversal points in the market. It combines multiple confirmation methods including Stochastic crossovers and overbought/oversold conditions to generate high-probability trading signals.
🔧 Indicator SettingsCore Parameters:KPeriod (Default: 34) - Main period for %K line calculation
DPeriod (Default: 3) - Period for %D signal line
Slowing (Default: 9) - Smoothing factor for Stochastic
MA_Method (Default: 0) - Moving average method:
0 = SMA (Simple)
1 = EMA (Exponential)
2 = SMMA (Smoothed)
3 = LWMA (Linear Weighted)
PriceField (Default: 0) - Price calculation basis:
0 = Low/High
1 = Close/Close
Signal Parameters:OverBoughtLevel (Default: 80) - Upper threshold for overbought condition
OverSoldLevel (Default: 20) - Lower threshold for oversold condition
show_KD_cross - Enable/disable basic Stochastic crossover signals
show_K_OBOScross - Enable/disable %K line overbought/oversold crossings
show_D_OBOScross - Enable/disable %D line overbought/oversold crossings
Alert Options:SoundON - Enable audio alerts
EmailON - Enable email notifications
📊 How It WorksSignal Generation Logic:Stochastic Calculation:
Computes traditional %K and %D lines based on user-defined periods
Applies selected smoothing method (SMA/EMA/SMMA/LWMA)
Three Signal Types:
Basic Crossover: %K crossing %D (when show_KD_cross enabled)
%K Boundary Cross: %K crossing overbought/oversold levels (when show_K_OBOScross enabled)
%D Boundary Cross: %D crossing overbought/oversold levels (when show_D_OBOScross enabled)
Visual Presentation:
Fuchsia Up Arrows: Buy signals appear below price
Fuchsia Down Arrows: Sell signals appear above price
Arrow placement adjusts dynamically based on recent volatility
Alert System:
Generates real-time alerts via sound/email when new signals appear
Includes detailed price and timing information in notifications
🎯 Trading Strategy SuggestionsOptimal Usage:Best suited for swing trading on H1-D1 timeframes
Works exceptionally well in ranging markets
Can be used as confirmation in trending markets when combined with other indicators
Entry Points:Long Positions: When all enabled signal conditions agree on bullish reversal
Short Positions: When all enabled signal conditions agree on bearish reversal
Risk Management:Use recent Average Range (displayed with signals) for stop-loss placement
Consider taking partial profits at opposite signal or key support/resistance levels
🔍 Additional FeaturesSmart Signal Filtering: Avoids repainting by using confirmed closes
Dynamic Positioning: Arrows adjust based on market volatility
Multi-Timeframe Capable: Can be applied across different chart periods
📜 Developer & SourceDeveloper: R.KH 1001
Source: RoboMQL
🚀 Harness the invisible forces of the market - trade with confidence and precision! 🚀