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Pro Currency Strength Meter

Currency Strength Meters are a great way to identify strong and weak currencies.

With this CSM indicator attached to your chart, you will get a clear overlook over the 8 major currencies: USD, EUR, JPY, CAD, CHF, GBP, AUD, and NZD.


Suggested timeframes to scan is:

M15 - H1 - H4 - Daily 

You can however just change timeframe to check in the settings. Bear in mind that scanning very low timeframes such as M1 will require a lot of resources and might make your mt4 terminal slow. 


The strength scale goes from 0 - 100 and by default we consider: 

Strong: Currencies with a strength number higher than 60 (Colored green)

Neutral: Currencies between 40 and 60 (Colored yellow)

Weak: Currencies with a strength number lower than 40 (Colored pink)


Note: You can change the color criteria if you want to define strong and weak currencies differently than the default settings.  


Attention! If you own my CSM indicator you can ask me to get my Trade scanner for free! It will scan the markets and only show currency pairs that meet Adam Khoos criteria for trading Trend Rider and Bounce. Just send me a message on telegram to get the free scanner. (@traderknudsen) 

If you want CSM numbers to be close to Adam Khoos numbers make sure you set "Triangular weightning" TRUE in the settings



Bewertungen 3
Trevin Chew
23
Trevin Chew 2021.02.16 06:15 
 

I'd say this indicator help me so much to enhance my trade qualities, And Seller is also very kind&helpful in responding to all my doubs&questions as well. Fantastic tools I've seen so far. Really good for trading. 10 stars~

Stuart Hughes
110
Stuart Hughes 2020.12.11 02:10 
 

Excellent CSM. Displays multiple time frame currency strength very clearly. I have been using it for a while now and find it very useful and accurate in deciding pairs to trade. Seller is very pro active and offers excellent support and follow up after purchase. I have given it a 5 star rating and i would recommend it to any currency trader.

Wee
67
Wee 2020.09.22 16:57 
 

Great Currency Strength Meter (CSM). Helps me a lot to identify the strong and weak currencies. Love the way it is presented. Compared this CSM values with few other CSMs and this CSM gives values accurately for me to find the best pairs to trade. Seller is very helpful in responding to my questions. Great CSM and would recommend it to anyone and would like to give a 5 star rating for this CSM. Great CSM and thanks for making it available.

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180 USD
StrongCurrency
StrongCurrency
Daying Cao
This StrongCurrency is a complete trading system based on a variety of technical indicators, moving averages and pivots. Each of those elements can be assessed in defined rules and coefficients (depending on the indicator) providing limitless optimization scenarios for the StrongCurrency. In order to work the StrongCurrency creates a trend strength and entry point signal list display by evaluating these data, that takes data from all symbols. It extrapolates all the information in order to get t
150 USD
Forex Forecast System
Forex Forecast System
Peter Maggen
This is a all-in-one indicator with great proprietary forecast feature. Indicator calculates trading direction and forecast levels for the current chart and for the higher and lower charts. Best opportunity for trading is when all trade signals are in line in the direction of the forecast based on the lower chart (see screenshot). The indicator also includes all traditional stuff: Trend indicator (current chart and higher & lower charts) Reversal signal (based on Williams Percent Range - WPR) Di
150 USD
MonsterDash Harmonic Indicator
MonsterDash Harmonic Indicator
Paul Geirnaerdt
MonsterDash Harmonic Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for tho
139 USD
Naked Forex Big Shadow
Naked Forex Big Shadow
Renaud Candel
Big Shadow Indicator is a pattern recognition indicator for Forex and Binary Options. The Big Shadow is an enhanced pattern of the popular engulfing candle. The Big Shadow pattern is very effective and is very simple to trade. The strategy that comes with the Big Shadow is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): to enable alerts PopAlerts (true/false): to enable
147 USD
Pattern Alert
Pattern Alert
Thorben Koch
Haben Sie jemals ein Umkehrsignal verpasst, weil Sie gerade nicht vor dem Bildschirm saßen oder aus anderen Gründen den Markt nicht verfolgen konnten? Der "Pattern Alert" Indikator nimmt Ihnen die zeitraubende Überwachung der Charts ab. Er erkennt automatisch die von Ihnen eingezeichneten Unterstützungs- und Widerstandszonen und sendet Ihnen einen MT4-Alarm sowie eine Smartphone-Nachricht, falls sich eine Umkehrformation gebildet hat. Der Indikator funktioniert dabei auf allen Zeitebenen und lä
200 USD
ZigZag on Trend
ZigZag on Trend
Vitalyi Belyh
The indicator " ZigZag on Trend " is an assistant in determining the direction of price movement, as well as a calculator of bars and points. It consists of a trend indicator, which follows the price direction by the trend line presented in the form of a zigzag and a counter calculating the number of bars traversed in the direction of the trend and the number of points on the vertical scale. (calculations are carried out by the opening of the bar) The indicator does not redraw. For convenience,
199 USD
Harmonics Pro Indicator
Harmonics Pro Indicator
Wild Software Pty Ltd
This indicator looks for Gartley, Bat, Butterfly and Crab patterns. It shows the patterns forming in real time with entry/exit points drawn on the chart. The success rates are based on the data in the timeframe you are currently viewing. If the price retraces to at least 0.382 of the C to D leg, it is a success. Otherwise, if the price hits the recommended stop loss, it is a failure.
200 USD
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Moving Average Trend Scanner
Moving Average Trend Scanner
Oystein Knudsen
This is a brand new trend scanner for all of us that love to use different kinds of moving averages to define a trending market. This scanner is very useful and saves you a lot of time when you want to look for trending markets.  In the scanner, you can choose to either use two different moving averages or three when defining a trend. Some like to use f. ex. the 50 EMA and the 200 EMA. If 50 is below 200 they will consider it a downtrend.  Others like to use three moving averages. This can be e.
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One Click Strategy
One Click Strategy
Oystein Knudsen
One-Click Strategy One-Click Strategy is designed to make your life easier when placing trades. It is suited to be used with common strategies where you place your stop loss over the recent high or below the recent low. This is very common when you trade support and resistance for a bounce or break out.  Want to sell or buy? Press "sell" or "buy" and the SL is placed above/below the recent high/low with a target of your choice. Lot size is calculated based on your settings. Taking trades tak
129 USD
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Trevin Chew
23
Trevin Chew 2021.02.16 06:15 
 

I'd say this indicator help me so much to enhance my trade qualities, And Seller is also very kind&helpful in responding to all my doubs&questions as well. Fantastic tools I've seen so far. Really good for trading. 10 stars~

Stuart Hughes
110
Stuart Hughes 2020.12.11 02:10 
 

Excellent CSM. Displays multiple time frame currency strength very clearly. I have been using it for a while now and find it very useful and accurate in deciding pairs to trade. Seller is very pro active and offers excellent support and follow up after purchase. I have given it a 5 star rating and i would recommend it to any currency trader.

Wee
67
Wee 2020.09.22 16:57 
 

Great Currency Strength Meter (CSM). Helps me a lot to identify the strong and weak currencies. Love the way it is presented. Compared this CSM values with few other CSMs and this CSM gives values accurately for me to find the best pairs to trade. Seller is very helpful in responding to my questions. Great CSM and would recommend it to anyone and would like to give a 5 star rating for this CSM. Great CSM and thanks for making it available.

Antwort auf eine Rezension
Version 1.1 2020.09.15
Just made the values from the CSM open so it can be read off by other programs like scanners for those who use it.