Using the best currency strength meter similar to the one for the bank so it can help the indicator to be more accurate and avoid the currencies that have similar strength. From best strategies to analyse the market news and don t search trades on 3 bull news for that particular currency. Product 5273 or in the market tab of metatrader which is the easy way i will post the other soon or they are all on.
Currency power meter. Currency strength giraia 3. This thread to share and discuss csm indicator the 4 on this chart are.
Mt4 mt5 tools indicators csm currency strength meter. At a glance you ll know what pairs to go look at. The mt4 currency strength meter the mt4 currency strength meter introduced by cynthia of day trade forex use the mt4 currency strength meter to find trades so you don t have to search the market for hours looking for the right setup it makes finding trending pairs a breeze.
Nzd finishing it s bullish cycle or wave has moved down while at the same time uj uchf finished their own bullish cycles bearish jpy chf as they are inverted and are moving up to complete next cycle or wave. It is based on atr of x periods bull bear price movement combined with bullish bearish volume at 50 of the total value assigned by atr. So here i am sharing a few useful.
For example lot of time i want to trade commodities pair aud or nzd as i see gold rising so this strength meter tells me which is better choice. My fav is cm strength select 240 4h time frame it updates the current market moves n definitely useful. I found couple of very small easy to use currency strength meters for mt4 and i share with the world.
0 weaker 9 stronger. Its shows numbers from 0 to 9. Software comes with manual where tom gives some information two ma strategy that you can use with forex strength meter softwate dont have to watch 30 or 40 charts you know all the currency s strength through this software.
