Luke Kendall / 프로필
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6+ 년도
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![Luke Kendall](https://c.mql5.com/avatar/avatar_na2.png)
https://www.mql5.com/en/market/product/50735
![](https://c.mql5.com/1/181/currency-strength-pro-screen.png)
The Currency Strength Meter is the easiest way to identify the strongest and weakest currencies in the market. It works by applying clever calculations to 28 Forex pairs to establish which currencies are the driving force behind price action. By trading strength against weakness, we can greatly increase our chances of success and find some of the highest probability trends to trade. Technical Information The strength meter uses the relative strength meter which is applied to all 8 major
The Relative Strength Index (RSI) was developed by J. Welles Wilder and is a momentum oscillator that identifies overbought and oversold conditions. It is also a popular choice for many traders helping them find entries into the market. How it Works The simplest way to use the Relative Strength Index is to wait for an overbought or oversold condition and then enter into a trade when the RSI indicates that price is resuming in the dominant direction of the trend. Buy signals : For the first
![Macster1 Macster1](https://c.mql5.com/avatar/avatar_na2_micro.png)
Bollinger Bands are volatility bands plotted two standard deviations away from a simple moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands expand when volatility increases and narrow when volatility capturing 85%-90% of price action between the upper and lower bands. How it Works Knowing that the majority of price action is contained within the two bands we wait for price to break out of either the upper or lower band and
The Commodity Channel Index (CCI) is an oscillator that is often used by forex traders to identify oversold and over bought conditions much in the same way as the RSI or Stochastics. How it Works The idea behind this indicator is simple, we wait for price to reach an extreme (overbought or oversold) and then trade when price appears to change direction in the hope of catching a move out of the area. Buy signals - The indicator waits for the CCI to become oversold (a value below -100). The