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Versus USD MT5

Versus USD calculates the price variation of each major currency against the USD and displays a clear and comparative view of their performance for each period or bar indexed by the cursor in the current Timeframe of the chart with progress bars. Additionally, it marks an arrow on the bar/period where the currency in question experienced the highest or lowest rate of change against the USD compared to other currencies, thus providing a more precise measure of the currency's performance.

The US Dollar is the primary currency used to measure the performance of each major currency in the foreign exchange market as it is the most liquid and widely used currency in international transactions. Additionally, most forex transactions involve the US Dollar as either the base or quote currency, making it easier to compare and evaluate the performance of other currencies.

Regardless of your level of experience in forex trading and your trading style, whether you already have a profitable strategy or not, this indicator can boost your skills in no time. Additionally, it is easy to use because it has the following features:

  • Compatible with all 28 major currency pairs
  • Works with all Timeframes (M1 - MN)
  • No need for configuration, everything is automated
  • Available on MT4 and MT5

PREREQUISITES:

1. To use the indicator correctly, the historical data of the seven major pairs must be synchronized and updated, and it is recommended to open the charts of these pairs, even if you are not using the indicator with one of them.

These 7 major pairs are:

  • EURUSD
  • GBPUSD
  • AUDUSD
  • NZDUSD
  • USDJPY
  • USDCAD
  • USDCHF

2. It is crucial that the historical data of other symbols used with the indicator are also up-to-date and synchronized with those of the seven major pairs.

RECOMMENDATIONS:

  • I strongly recommend users to use the indicator with currency pairs containing JPY as it is much more reliable and accurate with these pairs.
  • Wait until the historical data for the 7 major currency pairs (containing USD), as well as the pair with which you will use the indicator, are up to date and synchronized before adding Versus USD to your chart to avoid potential bugs.
  • If the indicator encounters a bug, I suggest switching to another timeframe, then returning to the desired timeframe.
Overall, this indicator is an exceptional and useful tool for forex trading, offering unprecedented features. We would greatly appreciate your feedback on its use.


Join the Versus USD chat if you have questions or reports or something else about the indicator.

Versus USD MT4 : https://www.mql5.com/fr/market/product/97127

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Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
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Easy By Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. My othe
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Gold TMAF MTF  - this is a best stock technical indicator. The indicator algorithm analyzes the price movement of an asset and reflects volatility and potential entry zones. The best indicator signals: For SELL = red upper boundary of TMA2 above the red upper boundary of TMA1 + red fractal indicator above + yellow SR signal arrow in the same direction. For BUY = blue lower boundary of TMA2 below the blue lower boundary of TMA1 + blue fractal indicator from below + aqua SR signal arrow in the s
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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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Version 1.10 2023.05.05
TimeFrame Adjustment