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Best Currency Strength Meter and why? 428 replies
currency strength meter 41 replies
Currency Strength Meter - Improvement 34 replies
Coding the most accurate currency strength meter 11 replies
currency strength meter for daily chart 2 replies
DislikedThanks for replying.
I have had it for a while myself and although I have been learning to trade different ways I always feel more confident in my shorter term trades when I use the meter. Infact it is not too often I have losing trades when using it.
I never really liked Tom's system he gives with the meter though. I know it does work but I just personally didn't like it much because of a few different reasons. I used it on the 15min chart with possibly better success than the 5min chart.
What I guess I wanted to do is find out if many others use the meter successfully because I don't see anyone writing about it. If eough people do use it, then we could maybe bounce some ideas back and...Ignored
Dislikedyou have the software than you talk directly to tom. he gives you good idea as per your time frame. i am using from 5 second to 3 hours & i only trade eur/usd. i enter the trade with very low leverage after ma cross & retracement. i dont know where are you from but ma system gives good signal between 11 am est to 2 am est & that works. you only need to check the strength & weakness of particular currency. & i am using Migfx datafeed.Ignored
DislikedI am personally using it & also the affiliate. software comes with manual where tom gives some information & two Ma strategy that you can use with forex strength meter softwate. Dont have to watch 30 or 40 charts you know all the currency's strength through this software. its shows numbers from 0 to 9. 0 weaker 9 stronger.
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DislikedAt one time an earlier version(without graphics) of the Strength Meter was free.
If someone can read an Excel spreadsheet, maybe that can make a Metatrader ex4.Ignored
DislikedThere is a new one in the market.
I do not want to post link here, but you can go on google and search for "Currency Meter" It should the first or second one in the list
It looks like this:Ignored
Dislikedif that currency meter v5 is a commercial one..
who is selling it?
i tried google but showed forum postsIgnored
DislikedHere is a tool which is a nice tool for your toolbox. It's been around for a while but is very useful for looking at the strength / weakness of individual currencies. Although it displays on your chart like an indicator it is ACTUALLY A Non-trading EA (Expert Advisor) and is put into the Experts folder of MT4 and NOT the Indicators folder. It will not open or close trades as many EAs can do. (Save in c: /program files/ yourMT4folder/experts). Attach it to your charts from your Experts folder. [b]This is because the algorithm is run...Ignored
DislikedHere is a tool which is a nice tool for your
toolbox. It's been around for a while but is very useful for looking at the strength / weakness of individual currencies. Although it displays on your chart like an indicator it is ACTUALLY A Non-trading EA (Expert Advisor) and is put into the Experts folder of MT4 and NOT the Indicators folder. It will not open or close trades as many EAs can do. (Save in c: /program files/ yourMT4folder/experts). Attach it to your charts from your Experts folder. [b]This is because the algorithm is run...Ignored