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REMARK: For this to work perfectly, you must have high speed internet and a high quality Computer. Otherwise, it will not work for you.
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
SCREENSHOT :
MT4 EA Template with all the basic features
This is a great template to start from if you're looking to build an MT4 EA quick and easily with your own rules/custom indicators. It has all the nice features for managing the account and the trades.
Breakout Strength Meter - MT4
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
Currency Strenght Meter - MT4
The currency strength meter is a trading tool that is used to identify trending and consolidating markets based on the percentage rate of change in price from one period to the next.
INDICATOR Currency Strength Meter - MT4
The currency strength meter is a trading tool that is used to identify trending and consolidating markets based on the percentage rate of change in price from one period to the next.