-

Home Forex MT4 Indicators Currency Strength Alerts Forex Indicator

Currency Strength Alerts Forex Indicator

Currency Strength Alerts Forex Indicator shows the trend strength for the 8 major currencies: NZD, EUR, GBP, USD, JPY, AUD, CAD and CHF. The indicator sorts all the 8 individual currencies from the strongest to the weakest and it is displayed them in top left corner of the MT4 chart.

How to use the Currency Strength indicator?
As a basic rule, always follow the strongest currency. Let’s take sitution on NZD/USD from the picture above as an example. As you can se the, the NZD is the strongest currency and the USD currency is weaker. It is wise to open long trade on the NZD/USD pair than. Imagine reversed situation, analogically when the USD currency is the strongest one while the NZD currency is weaker. In this scenario you should sell the NZD/USD currency pair.

Currency Strength MT4 Indicator free download:

LINK

New posts

Forex Mean Reversion

Welcome to Forex Mean Reversion. Leading and Lagging indicators don’t work. Leading indicators don’t lead with any form of reliability...

Forex Executive

The Forex Executive is an indicator that provides you, the trader, with real time trading signals alerts and prepares...

SupDem Indicator for MT4

The SupDem indicator for MT4 draws supply and demand levels on the chart automatically. What's more, it also corrects...

EFC Indicator

The EFC Indicator basic concept is to open position as a reversal trend is detected. As soon as RSI...

Looking for something?

Popular posts

Xmaster Formula Indicator for MT4

The Xmaster Formula Indicator was made for traders like you can become real master of forex. This wonderful tool is suitable to use for...

Forex Hacked Pro Scalping EA

The new Forex Hacked Pro is multicurrency scalping robot (expert advisor) and now it can trade on nine currency pairs at the same time. Forex...

Instant Buy Sell Signal

Instant Buy Sell Signal is profitable forex trading strategy that is really easy to use. It generate clear signals with arrows on charts. Below...

Forex Entry Point Indicator

Forex Entry Point indicator was designed to give traders best possible entry for their long and short trades.It displays pink and turquoise vertical lines...

Hyper EA Pro – profitable scalping robot

Hyper EA Pro is forex trading robot. It uses scalping strategy. EA place trades only during Asian session. Statistically it opens one trade per...
X Trend Premium

You might also likeRELATED
Recommended for you