REMARK: This is the indicator Breakout Strength Meter. It will give you the necessary information on every new candlestick
INTRODUCTION :
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.
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HOW TO USE IT :
You can check the following video that will explain how to
You can also check the following video. It is about the Breakout Strength Meter
SCREENSHOT :
The Cyber Cycle: John Ehlers, "Cybernetic Analysis For Stocks And Futures", pg.34
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.
It is Diffrent complex Range BreakOut system. Using to Range Breakout system is defined by min number of bars and max width in pips. This robot is can use to volatility instrument.
An easy-to-use multi-currency library, usable in indicators and EA.