Currency Power MT Indicator

INDICATOR SCREENSHOT



INDICATOR NAME
CurrencyPower_Indicator.ex4
INDICATOR TYPE
Measuring Trend Strength
DESCRIPTION

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.

PLATFORM
Metatrader



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