Tag: strength indicators
Absolute Strength Oscillator
The Absolute Strength Oscillator measures two main forces driving the markets: bulls and bears. In other words, it shows whether the dominant players are buyers or sellers. The very moments these forces change are visible in a crossovers between two lines repesenting both parties. Le’ts analyze this tool in more details. The anatomy of absolute […]
Currency Strength Meter Indicator
The Currency Strength Meter indicator shows which currencies are trading STRONG against the WEAK currencies! The indicator is displayed in a separate window placed just below the main trading chart, and it provides the strength momentum of the 8 major currencies: EUR GBP AUD NZD CAD CHF JPY The indicator is based on the mathematical […]
BWMFI Bars Indicator
The BWMFI Bars Indicator for MT4 is a forex trading tool based on the Market Facilitation Index that measures the strength or weakness behind a price move by calculating the change in price per one tick. This indicator colorizes the candles accordingly. It doesn’t generate buy/sell trading signals on its own, but it’s helpful in […]
DAT WPR Indicator
The DAT WPR indicator is a forex gauge based on the Williams’ Percent Range. It provides multiple oscillators that determine whether the price is overbought/oversold. The most important lines are the orange one and the pink one. When they reach 80 level it means the market is overbought and the potential reversal is underway, so […]
USD Against All Indicator
The USD Against All indicator shows the strength of the USD currency again other currencies of your choice. By default, it will show USD against: EUR, GBP, AUD, NZD, CAD, CHF, JPY.
Absolute Strength Histogram Indicator
The Absolute Strength Histogram Indicator for MT4 is a trend-following forex gauge providing, as the name suggests, information on the strength of a trend. With help of that histogram, a forex trader quickly knows who has control over the market for the present moment and in the past. How to apply the Absolute Strength Histogram […]
Currency Strength Meter Indicator for MT4
The Currency Strength Meter Indicator is a great tool for traders who wants to quickly check the strength of various currency pairs. With a glance of the eye you will know the strongest and weakest forex currencies at the moment. You can also use it in arbitrage trading. All in all, it will be a […]
Currency Strength Alerts Indicator
The Currency Strength Alerts Indicator for MT4 shows the trend strength for the 8 major currencies: NZD, EUR, GBP, USD, JPY, AUD, CAD and CHF. What’s more, it sorts all of them from the strongest to the weakest and it is displayed them in top left corner of the screen. How to use it? As […]
Buyers Sellers Strength V1.1r Indicator
The Buyers Sellers Strength V1.1r Indicator for MT4 shows on chart percantages of market participants: buyers (bullish force) and sellers (bearish force). What’s more, it provides data for various time periods: 1 month ago, 1 week ago, 1 day ago, 8 hours ago and 4 hours ago. Based on how these forces were fluctuating in […]
