Forex Currencies Strength Meters MT4 Indicator

Forex Currencies Strength Meters MT4 Indicator:

About the Forex Currencies Strength Meters MT4 Indicator

:::: It is programmed to work on any M5 Chat windows !!

Used to determine the Strongest currency pairs and the Weakest pairs

also detect the peak of deviation of currencies strength

IT CAN BE USED FOR INDICES AND STOCKS TOO !!

Strategy one : It can be used in to BUY Strongest pair and SELL Weakest one

Strategy two: It can be used on Daily basis to Hedge BUY Strongest pair with high % (ex: +1%) and BUY Weakest one with % lower(ex: -0.7%) the same with SELL

Strategy three: on 3days  or above calculation : you  can detect currencies strength lines crossing each other.

IMPORTANT NOTE: This is a multi-currencies mql4 indicator : so it may not be back-tested in strategy tester module unless you have downloaded all selected currencies data history

can combine up to 20 currencies pair

You can click any symbol on graph to open its Graph for placing orders

Strength Calculation works:  from beginning start of a Day , 1 Day ,2 Day—> 1 week

It works on any M5 Chat windows

Test results:

Forex Currencies Strength Meters MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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