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The trader should use it to trade a cross rate between a hard currency and a soft currency.
The currency strength indicator gives you a brief manual to determine the weak and strong currency.
hell of an indicator, five stars.
amazing! thanks a lot.
What indicates Strength and Weakness. Red means strong or weak?
I didn't get if blue means weak or strong.
Good its make us know the strength of each currency, but can be more better if it also make a line in chart to make more imaginable.
To whom it may concern,
My name is Arpan and I would like to know if you can custom make a strategy for me. My need is to have an inclusive system. From best strategies to analyse the market news and don't search trades on 3 bull news for that particular currency; 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. Don't worry about processing power I'm going to use IBM custom made server.
It needs to analyze the price action by identifying Trends, Reversal, Swing, Breakout, Kombi, Complex, Dynamic, Triangles, and it has to use the indicator to filter the signals provided from price action such as Ichimoku, Emas, Dolly, Solar Wind, MACD, RSI, Bollinger Bands, Fibonacci. The system needs to be able to signals with a success rate of 90% above and the signals need to be 50 pips or more.
I would like to know from you if you can make this strategy for me?
However, you can not sell it or use it even if you change the code. I will make a contract before we start the project. If you could provide me with a rough quotation that would be great.
My one and only gripe. Upon changing where the currency strength indicator appears on the chart ( from upper left corner to lower left corner) the order of the currencies also change - from descending to ascending order). Would much prefer the currency strengths to remain in descending order as opposed to switching to ascending order. I have zero coding skills so I have to make do. Excellent work otherwise.
Big salute for ever shining work.
how to work it?
A very great indicator that can take your trading to a new level. Thanks Team