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Forex strength meter

Forex strength meter is a useful indicator with which novice traders and professionals can analyze the market and see when and where to open a deal. Forex strength meter is an analytical complex for Metatrader4 which, in the form of lines on the chart, shows the trader the direction of the trend and its reversals. The interpretation of the indicator is very simple. When the indicator draws a red line above the blue line on the chart, it means that the trend is now going down. At this point, it is best to enter into sell deals. When the blue line on the chart is higher than the red line, then the trend is up. At this moment, it is best to open buy trades.

Benefits of Forex strength meter:

  • it does not redraw its values.
  • Shows the direction of the trend to the trader accurately.
  • very easy to use.
  • works on all currency pairs.
  • suitable for trading scalping strategies.



Forex strength meter settings:

  • period - indicator averaging period.
  • type - opening price. If the value is 0, the indicator works at Close prices. With the parameter value = 1, the indicator works at the Open prices.
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Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
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Indicator captures the trend reversals with no-repaint Buy and Sell Arrow signals. CyberZingFx Trend Reversal Indicator - your go-to solution for accurate and reliable trend reversal signals. With its  advanced trading strategy , the indicator offers you Buy and Sell Arrow signals that do not repaint, making it a reliable tool for catching Swing Highs and Swing Lows in any market and any time frame. Indicator works on  any market  and  any time frames . __________________________________________
Wir stellen Ihnen ON Trade Waves Patterns Harmonic Elliot Wolfe vor, einen fortschrittlichen Indikator, der entwickelt wurde, um verschiedene Markt-Muster mithilfe sowohl manueller als auch automatischer Methoden zu erkennen. Hier ist, wie er funktioniert: Harmonische Muster: Dieser Indikator kann harmonische Muster erkennen, die auf Ihrem Chart erscheinen. Diese Muster sind für Trader, die die Theorie des harmonischen Handels praktizieren, wie sie in Scott Carney's Buch "Harmonic Trading vol 1
Der Seismograph MarketQuake Detector. Description in English : https://www.mql5.com/en/market/product/113869?source=Site+Market+Product+Page#description How to use the Seismograph : https://www.mql5.com/en/market/product/113869#!tab=comments&page=2&comment=52806941 Create an EA : https://www.mql5.com/en/market/product/113869#!tab=comments&page=3&comment=52816509 Unabhängig davon, wie Sie handeln, möchten Sie auf jeden Fall den Eintritt in den Markt mit geringer Liquidität vermeiden.
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Version 2.0 2021.07.26
Added the "type" parameter to the settings. If the parameter value is 0, the indicator will open at the Close prices. If the parameter value = 1, the indicator will work at the Open prices.