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Indicators

INDICATOR Breakout Strength Meter - MT5 - indicator for MetaTrader 5

Rodi Chamii

Views:
4422
Rating:
votes: 11
Published:
2021.02.02 17:44
Updated:
2021.03.01 22:27

REMARK: This is the indicator Breakout Strength Meter. It will give you the necessary information on every new candlestick


INTRODUCTION :

The breakout strength meter is a trading tool that is used to identify which currencies are the strongest to breakout, and which currencies are the weakest to breakout.

Don't hesitate to send all your comments and I would appreciate rating this trading tool.


HOW TO USE IT :

You can check the following video that will explain how to

  • define and see how a breakout strength meter works.
  • use this trading tool to confirm real and fake breakouts (the most important part)
  • compile the script in MT4 or MT5.

You can also check the following video. It is about Currency Strength Meter


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