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FOTSI (Forex Overview True Strength Index) for MT5! FOTSI is an indicator that analyzes the relative strength of currencies in major Forex pairs. It aims to anticipate corrections in currency pairs following strong trends by identifying potential entry signals through overbought and oversold target areas. Theoretical Logic of Construction: Calculation of Individual Currency Momentum: FOTSI starts by calculating the momentum for each currency pair that includes a specific currency, then
Want to see the performance of the indicator? Copy trades of the FOTSI Reversal Expert trading signal for MetaTrader 4 - 30 EUR per month - Sidi Mohamed El Alaoui (mql5.com) The trades were performed by the EA using FOTSI, the input and output parameters are different from those specified below. For now only the signal is available, soon the expert will be on sale. FOTSI (Forex Overview True Strength Index) for MT4 FOTSI is an indicator that analyzes the relative strength of currencies in major