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Mini Currency Strength Meter

Mini Currency Strength Meter

Mini Currency Strength Meter is a PORTABLE (mini) currency strength meter created to measure/analyze currency strength and pass the information to the trader through a graphical display of each currency group's strength rates by percentage.

USAGE:
It is useful in two ways for trading:

1. Solo Trading

2. Basket Trading (Currency Group Trading)

HOW TO USE IT EFFECTIVELY

Solo trading: It can be used for solo trading by analyzing the strength of each group of currency. Take for instance, if USD group is having rates less than 30% and Group pair of EUR is having rates greater than 70% or there about, you can just pick EURUSD for trading since both of them have the currency concerned in the rating.

This means you will BUY EURUSD because EUR is stronger than USD at that moment. EUR is generally strong while USD is generally weak. Placing them together is a good idea of trading to get results. There is a good probability that you will always almost get it right without issues.

Try it with demo and see what I am taking about. It is a simple strategy and it works effectively for the traders using this method for their trading.

What you need next to do when you see a signal like this, check if the currency is in the news especially medium or high impacts news, if it is, then wait till after the news to see what will happen next before taking trade if the signal is still there. But if not, then head over to Minute time frame to see if the price is going according to the signal before entering the trade. Also mind the support and resistance levels if the price is approaching any of them, if it is, wait to see breakout or reversal before deciding what to do next.

Basket trading: It can be used for what is called "Basket trading". Basket trading is a group of a currency moving together in unison to the same direction. If the rate is below 50%, this means that the currency group is weak while the rate above 50% means that the currency group is strong. You will sell the currency group with weak rating while you will buy currency group with strong rating.

It may not be easy taking trades on each currency pair for the group, you will need a software to trade them together simultaneously, you can purchase our "Basket Trading Panel" Utility for such tasks and you will find basket trading an enjoyable and easy task otherwise be ready to take each trade on each currency of the group.

I may have to sound a note of warning, if you are not used to basket trading and you love to learn how to do it properly, you must start with demo trading and practice a lot of money-management with your account. But if you are a basket trader before, then you have the right tool for your basket trading.

POSITIONING:

You can decide to place your Mini-Currency Strength Meter anywhere on your chart window through the parameter setting.

Up/down Shift: 20 // Default setting, feel free to adjust according to your preference

Left/Right Shift: 20 // Default setting, feel free to adjust according to your preference

Other parameters:

Signals Popup Alerts: True/false

Signals Sound Alerts: True/false

Background Color: None by default

***Important: You can use this Mini Currency Strength Meter in conjunction with our "Full Forex Market View Dashboard" to derive an outstanding results always.

Cheers.

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Introduciendo el       Gráficos   Quantum Heiken Ashi PRO Diseñadas para brindar información clara sobre las tendencias del mercado, las velas Heiken Ashi son reconocidas por su capacidad para filtrar el ruido y eliminar las señales falsas. Diga adiós a las confusas fluctuaciones de precios y dé la bienvenida a una representación gráfica más fluida y confiable. Lo que hace que Quantum Heiken Ashi PRO sea realmente único es su fórmula innovadora, que transforma los datos de velas tradicionales en
Antes que nada, vale la pena enfatizar que este Sistema de Trading es un Indicador No Repintado, No Redibujado y sin Retardos, lo que lo hace ideal para el trading profesional. Curso en línea, manual del usuario y demostración. El "Sistema de Trading de Soporte y Resistencia Inteligente" es un indicador avanzado diseñado para traders nuevos y experimentados. Empodera a los traders con precisión y confianza en el mercado de divisas. Este sistema integral combina más de 7 estrategias, 10 indi
Line Magnit
Aleksey Trenin
The LineMagnit Indicator for MT4 is a highly precise tool that builds support and resistance levels which magnetically attract prices. This feature allows traders to easily determine the most probable entry and exit points in the market, as well as identify the market's directional forces, as levels are based on capital inflows into the instrument. Equipped with an intuitively understandable graphical interface, the LineMagnit Indicator enables users to quickly locate and analyze support and res
TheStrat Monitor
Robert Gerald Wood
3 (2)
If you've not already learnt about The Strat trading strategy , go google it now. I promise it won't be a waste of your time, and you will likely learn some new tricks whether you use it or not. OK, so now you know what TheStrat is, you will be able to understand what this indicator can do for you. Key Features In short, the Indicator will: Show Timeframe Continuity for all supported timeframes Supports two timeset views, Day trader and Swing trader Show when Full Timeframe Continuity is in pl
Reincarnations
Maryna Shulzhenko
The Reincarnations trend indicator is used to determine the strength and direction of a trend and to find price reversal points. This tool scans the market looking for the correct entry. You can see and evaluate it yourself, perhaps it will suit you for a number of tasks related to forecasting price movements. It uses only price data and analytics to calculate entry points. Does not use auxiliary indicators. It has two parameters for customization. Indicator setting. Interval - price analysis
PZ Support Resistance
PZ TRADING SLU
3.33 (3)
¿Cansado de trazar líneas de soporte y resistencia? La resistencia de soporte es un indicador de marco de tiempo múltiple que detecta y traza automáticamente los soportes y las líneas de resistencia en el gráfico con un giro muy interesante: a medida que los niveles de precios se prueban con el tiempo y aumenta su importancia, las líneas se vuelven más gruesas y oscuras. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Mejora tu análisis técnic
Enigmera
Ivan Stefanov
5 (3)
ENIGMERA: El núcleo del mercado https://www.enigmera.com Introducción Este indicador y sistema de negociación es un enfoque extraordinario de los mercados financieros. ENIGMERA utiliza los ciclos fractales para calcular con precisión los niveles de soporte y resistencia. Muestra la auténtica fase de acumulación y proporciona dirección y objetivos.  Un sistema que funciona tanto si estamos en una tendencia como en una corrección.  ¿Cómo funciona? ENIGMERA consta de tres líneas: la línea de s
Ultimate Gold Advisor para MetaTrader 4 El Ultimate Gold Advisor es una herramienta tecnológica avanzada diseñada para optimizar la experiencia de trading en MetaTrader 4. Creada para satisfacer las necesidades de los traders más experimentados, este indicador combina precisión, análisis sofisticado y funcionalidad versátil, ofreciendo soporte para tomar decisiones de trading informadas. Ideal para el trading de oro, pero también aplicable a una amplia gama de activos, el Ultimate Gold Advisor p
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Auto Chart Updater
Opengates Success International
Auto Chart Updater Indicator is created to update the window chart for any indicator, expert or any trading program receive fresh data retrieval at xx period interval set by the user as a preference. It is laced with on-chart Candle clock to give the user the sense of time when the updater would refresh the chart or the remaining time for the candle/session to end. It also has an option for the user to choose when exactly does he/she wants the Updater to update the chart. The User can also selec
Forex TrendsRider
Opengates Success International
System Introduction Fx TrendRider is an amazing EA that takes pips as easy as the market itself because it rides with the trends and masters the trend direction and market conditions as it is at any point in time. Money Management The default lot size setting is 0.10, you can start with that first and see how it goes, then you can increase your lot according to your account balance but do not trade with the money you cannot afford to lose even though with time, you will discover that you can u
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Opengates Success International
3 (1)
OPGTS Currency Strength Meter is an indicator created to measure and analyze the currency strength and pass the information to the trader through a graphical display of each currency group's strength rates by percentage. Each bar it shows represents the currency's strength or weakness. USAGE: It is useful in two ways for trading: 1. Solo Trading 2. Basket Trading (Currency Group Trading) HOW TO USE IT EFFECTIVELY Solo trading: It can be used for solo trading by analyzing the
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Opengates Success International
Femade Indie Vs 1.0 is a simple but multi-currency monitoring Indicator created to instantly notify the trader when an attached currency pair is ready to buy, sell or give signal when such currency pair is getting ready for a big move either up or down. It does this by visual aids on the screen charts, sound and pop-up alerts. If it shows " Medium ", this means that the so called currency signal is almost gone but can still be traded provided the trader will not need a lot of pips which can be b
Olofofo Fx Scanner
Opengates Success International
Olofofo Fx Scanner is a Custom Indicator created to scan through the currency pair it is being attached to in the market on ALL time frames simultaneously from a Minute to Monthly looking for just 3 things that make Forex trading exciting and worthwhile to invest in. Once these are found, it alerts the User immediately for a timely action on the part of the Trader. This is a self-fulfilling prophecy of the market, meaning that even if you are a newbie, by the time you see the graphical display o
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Opengates Success International
OneClick Trades Panel Basic is a utility software created to open and also manage the open orders by closing each trades accordingly right from your charts. This version has few buttons and they are to open Buy and Sell trades, and also buttons to close Buy, Sell and all orders (both Buy and Sell) simultaneously. This is a basic version with minimal features. Features Buy - button used to open a Buy trades. Sell - button used to open Sell trades. Close Buy - button used to close Buy trades. Cl
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Opengates Success International
OneClick Trades Panel - Standard Version 1.0 OneClick Trades Panel - Standard Version 1.0 is an higher grade of the basic Utility Software, this version includes several features that makes trading an exciting experience. It is created to open Buy, Sell, Buy-Stop, Sell-Stop, Buy-Limit and Sell-Limit orders. You can also manage the open orders by closing each trades or all trades accordingly right from your window charts. The speed is amazing and command is prompt without delay except your are ha
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Opengates Success International
OneClick Trades Panel - Premium Version 1.0 OneClick Trades Panel - Premium Version 1.0 is an higher grade of the 3 Trades Panels created. This version includes a lot of features that makes trading an exciting experience. Although It has same features on the interface as that of the Standard version but it also has almost 30 features behind the window chart. Interface Buttons Features: Buy button: This is a button used to open a buy trades Buy-Stop button: This is a button used to open buy stop
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Opengates Success International
Eureka OpgtsFx is a Custom Indicator created to alert the trader when there is a cut-across trend correlations from Daily (D1) to Monthly (MN) Time frames with the belief that the major trend dominates the market and also save the traders from being eaten for breakfast by the big dogs in the financial industry. This indicator is suitable for both the Swing and the Long term Traders due to their peculiar styles of trading and waiting for days, weeks or probably months before taking their profits
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Opengates Success International
5 (2)
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Opengates Success International
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Opengates Success International
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Opengates Success International
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Opengates Success International
This indicator is for those trading Engulf Candles – Bearish and Bullish. It can also be used in conjunction with another trading system. What it does is that you can use it to measure a candle for a Risk Reward 1: 1 for an easily attainable target. When attached to a chart, it picks on any current candle on the chart but if you want to use it with another candle, you will have to change the ‘0’ default value for current candle in the parameter setting to any value to get the candle position beg
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Opengates Success International
Full Dashboard Trade Panel Utility is built to perform overall task of trades and order managements to make trading an easy task for every trader that bought and using it. It comprises of three sections with each having a shift setting for a convenient placement as desired: 1.        Trades Managements Panel 2.        Basket Trades Panel 3.        Symbol and Time frame Changer Each of these three sections has its own unique functions and roles to perform for a complete enjoyable forex trading ex
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Opengates Success International
Basket trading is very interesting for those who are familiar with it. It is also very profitable if you know your way round BUT can be very destructive to anyone’s account if care is not taken. However, there are Basket traders all around making good incomes with it with ease. What it can do: This utility is created for them to remove the stress of opening trade on each of the currency symbol group. At just a click, it opens the symbol’s entire group of currency pair ORDERS in any of the direct
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Opengates Success International
Symbol and Time frame Changer is an indicator created to save the trader from the stress of opening several charts windows on PC by enabling him or her to switch from one Currency pair to another and also be able to switch from one Time frame to another (displays the whole 9 Time frames) with the aid of the buttons on the chart. ·          You can customize the color of the buttons to your preferred color ·          You can choose the size you desire for the buttons ·          You can also choos
Partial Close Wizard Script
Opengates Success International
Partial Close Wizard Script is a script created to execute a partial close on any already profitable order in order to permanently lock in some part of the profits and reduce the lot size in the process. It can also be used to reduce the loss presently incurring on a trading account by cutting part of the loss and reduce the lot size to save the account from being wiped out. How to use: It is easy to use; just attach it to the chart of the same currency pair you intend to close the part of the p
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Opengates Success International
Forex Daily Percentage Calculator Forex Daily Percentage Calculator indicator is created for the Trader who cherishes the discipline of choosing only a percentage of their Trading account balance as profit per trade, per time or day. All you need to do is enter your desired percentage of your account balance, enable the notification popup alert to know when it has been attained so as to get out of the market till another day or trade. This helps the traders who are using it to determine a certai
Open Orders Engineering Panel
Opengates Success International
Open Orders Engineering Panel This Utility is NOT created to open any order or trade for Traders but to manage open orders in diverse ways with these 15 different functions On-chart BUTTONS features: Apply TP: Apply Take-Profit to any order without take-profit Apply SL: Apply Stop-loss to any order without stop-loss Apply TP and SL: Apply both Take-Profit and Stop-loss to any order without them Cancel TP: You can cancel your Take-profit Cancel SL:   You can cancel your Stop-loss Cancel TP and SL
Mini FFMV Dashboard
Opengates Success International
MINI FFMV Dashboard MINI FFMV Dashboard is a MINIATURE custom indicator of FULL FOREX MARKET-VIEW DASHBOARD created to give the Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make a successful trading. It shows as many as 30 currency pairs or as allowed to display in the Market Watch of your MT4 USAGE: For Solo Trading For Basket Trading (See the screenshot on how) COMPONENTS: Trend: Overall tren
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Opengates Success International
1 (1)
Mini Forex Market-View Dashboard and Mini-CSM Mini Full Forex Market View Dashboard is a miniature creation of FULL FOREX MARKET_VIEW Custom indicator created to give the Traders a full view of what is going on in the market but in a partial matter to make it conscise. It is useful most especially for those who don't like bogus indicators or those who have a PC with limited screen size. It uses a real time data to access the market and display every bit of information needed to make a successful
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Opengates Success International
MicroMini FFMV Dashboard This is a custom indicator created to give Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make successful trading. THIS IS A MicroMini size of the FULL FOREX MARKET VIEW DASHBOARD INDICATOR. This is for those who don't like the Indicator to cover all the charts and for those who don't like BOGU S things. They practically perform the same operation but MicroMini FFMV Dashb
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Opengates Success International
MicroMini FFMV Dashboard+CSM This is a custom indicator created to give Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make successful trading. To add value to the trading operation, Currency Strength Meter is added to it in order to consolidate the effective work of this indicator. THIS IS A MicroMini size of the FULL FOREX MARKET VIEW DASHBOARD INDICATOR with CSM added. This is for those who
Mini Crypto Trading Dashboard
Opengates Success International
Micro Crypto Trading Dashboard This is a custom indicator created to give CRYPTO TRADERS a full view of what is going on in the Crypto market. It uses a real time data to access the market and display every bit of information needed to make successful trading. This is a Micro size of the Compact Crypto Market Trading Dashboard Indicator created mainly for trading Crypto Currencies Markets for a living. They practically perform the same operation but MicroMini FFMV Dashboard has a few feature
Compact FFMV Dashbaord
Opengates Success International
Compact FFMV Dashboard Compact FFMV Dashboard is a little trimmed custom indicator of FULL FOREX MARKET-VIEW DASHBOARD created to give the Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make a successful trading. It shows as many as 30 currency pairs or as allowed to display in the Market Watch of your MT4 USAGE: For Solo Trading For Basket Trading (See the screenshot on how) For Signal confirmat
GridBreakTimeSuper
Opengates Success International
GridBreakTimeSuper is a Utility created based on grid trading strategies. It opens any number of Buystops and Sellstops orders respectively as defined by the User with a predetermined gap up and down from the current price as also set by the User. This EA works based on time set by the User for opening and closing of all orders and trades once in a day according to the time set by user. The general idea here is that each currency pair has specific time that breakout is always most likely as ther
Multiple Orders
Opengates Success International
5 (1)
MULTIPLE ORDERS UTILITY Multiple Orders Utility is created to give easy profits-making trades with a little movements and without going long distance to get it all. This Utility opens multiple orders as many trades as the number specified by the User or as many as permitted by your Broker in the same direction on the same currency pair simultaneously. The idea behind it, is that instead of running after 100 - 200 pips which may not likely be attainable in the record time or may NOT even b
Mutiple Orders with ChangernTFnMgt
Opengates Success International
MULTIPLE ORDERS With Symbol and Time Frame Changer Multiple Orders Utility is created to give easy profits-making trades with a little movements and without going long distance to get it all. This Utility opens multiple orders as many trades as the number specified by the User or as many as permitted by your Broker in the same direction on the same currency pair simultaneously. The idea behind it, is that instead of running after 100 - 200 pips which may not likely be attainable in the re
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Versión 1.2 2019.08.02
These were the updates done to it:

* Periodical updates and chart refreshing were successfully added.

- The user can now choose the time he/she wishes for OPGTS Mini Currency Strength Meter (CSM) to update for fresh data.

-These are the time/periods that can be used:

=> M1 = 1, M5 = 5, M15 = 15, M30 = 30, H1 = 60, H4 = 240, D1 = 1440 & W1 = 10080 and it shall updates when the time interval reaches. Any value apart from these will not work with the indicator!

* The user can place the indicator on any time frame but it will return to the user's selected period in the parameter setting. This means that the user can select the Time-frame window he/she wants the indicator to be while it updates.

* The background color can be chosen now according to the user's preferences.

More updates to come later due to the Users' experiences and comments.

Thanks
Versión 1.1 2019.07.15
The codes were re-engineered to improve its performances.

It was also given a touch to increase the data retrieval speed for timely information passage to the Trader.

More updates are coming based on the user's experiences and more research to make it work better.

Thanks for your interest.