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Forex strength meter

Forex strength meter is a useful indicator with which novice traders and professionals can analyze the market and see when and where to open a deal. Forex strength meter is an analytical complex for Metatrader4 which, in the form of lines on the chart, shows the trader the direction of the trend and its reversals. The interpretation of the indicator is very simple. When the indicator draws a red line above the blue line on the chart, it means that the trend is now going down. At this point, it is best to enter into sell deals. When the blue line on the chart is higher than the red line, then the trend is up. At this moment, it is best to open buy trades.

Benefits of Forex strength meter:

  • it does not redraw its values.
  • Shows the direction of the trend to the trader accurately.
  • very easy to use.
  • works on all currency pairs.
  • suitable for trading scalping strategies.



Forex strength meter settings:

  • period - indicator averaging period.
  • type - opening price. If the value is 0, the indicator works at Close prices. With the parameter value = 1, the indicator works at the Open prices.
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4.59 (46)
Indikatoren
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Runwise Limited
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Indikatoren
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
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Indikatoren
Stärke von 8 Währungen plus EIN EXOTISCHES Paar oder Rohstoffe oder Indexe! Jedes Produkt kann als 9. Linie hinzugefügt werden. Fügen Sie Rohstoffe, Indexes oder exotische Währungen hinzu (Gold, Silber, Öl, DAX, US30, MXN, TRY, CNH ...). Eine neue noch nie dagewesene TRADING STRATEGIE  !!! Dieser Indikator ist einzigartig, weil wir eine Reihe von proprietäre Funktionen und neue Formeln eingebaut haben. Es funktioniert für alle Zeitrahmen. Basierend auf neuen zugrunde liegenden Algorithmen ist
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Lin Yu Han
Indikatoren
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NAM TECH GROUP, CORP.
5 (1)
Indikatoren
MT4-Erkennungsanzeige für Auftragsblöcke mit mehreren Zeitrahmen. Eigenschaften - Vollständig anpassbar auf dem Diagrammbedienfeld, bietet vollständige Interaktion. - Verstecken und zeigen Sie das Bedienfeld, wo immer Sie möchten. - Erkennen Sie OBs in mehreren Zeiträumen. - Wählen Sie die anzuzeigende OB-Menge aus. - Verschiedene OBs Benutzeroberfläche. - Verschiedene Filter an OBs. - OB-Näherungsalarm. - ADR High- und Low-Leitungen. - Benachrichtigungsdienst (Bildschirmwar
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Indikatoren
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Indikatoren
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Indikatoren
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Version 2.0 2021.07.26
Added the "type" parameter to the settings. If the parameter value is 0, the indicator will open at the Close prices. If the parameter value = 1, the indicator will work at the Open prices.