Currency Power MT4 Forex Indicator

Each line represents the power of a currency: GBP: red, USD: green, EUR: Blue and JPY: Gray. Signals can be generated when currency strength lines cross each other. For example: One could go long when EUR line crosses the JPY line from below. EUR gets stronger while JPY gets weaker. Result would be buying EUR/JPY pair.

Download link: Click here to download the CurrencyPower_Indicator.ex4 indicator 

Currency Power Indicator Chart Example (EURUSD H1)

currency-power-metatrader4

Platform: Metatrader 4

Indicator type: Measuring trend strength

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