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just ended this week off.
4 weeks running and 100 % success rate at achieving 3 % per day
:)
https://www.mql5.com/en/signals/author/buju
Are you a day/week/month trader, or even a quick scalper? MCTS will show you the best trending currencies to trade on any timeframe. By using a unique algorithm MCTS measures the strengths of individual currencies and then combines them into pairs to show you the best pairs to trade. Monitor all 8 major currencies and all 28 pairs. Monitors the strengths of the following currencies: EUR, USD, GBP, JPY, AUD, NZD, CHF, CAD. Measure the true strength of a currency on any timeframe. Know which
Hi
ended week with all 5 days profit greater than 3 % , total for this week account is in profit by is 21.39 %
Growth 41.1 %
Profit: 4082.19 USD
Maximum drawdown: 19.15%
Weeks: 2
1. numbered strength meter of each bar
2. colour changing graph of strength meter , shows if strength is increasing or decreasing
3. current strength number with arrow.
this is the only indicator you will ever need to trade , simple , clean , accurate.
know if a currency is strong up or weak down
2 dimensions - price and time
3 dimensions - price and time and strength = MCTSIP
https://www.mql5.com/en/market/product/20994
The indicator will give a arrow when the currencies cross , this is not a signal to buy/sell , but rather a indication of when the currencies have crossed.
When the indicator shows a arrow that a cross has occurred , this means the currency pair has the potential to move in the direction , but it still might not move.
My thinking when writing this indicator , is to look beyond the chart , as all we can see is a 2 dimensions , namely price and time , and we do not know when the market will turn up or down
This indicator attempts to look into the 3rd dimension , namely , how is the currency moving against other currencies.
Think of it like this:
You are traveling on a road , you can see ahead and to the sides , this is 2 dimensions , price and time.
If you could be above your car high up , this will be 3 dimensions , you could see further if there is a storm or there is a traffic jam , and can take another turn or road.
this will be price , time , and affects.
I say affects because currencies are affected by other currencies , maybe more , maybe less , but it is something more we can know by using this indicator , and not just doing mathematical calculations on past time and price movements .
By looking at a chart we see up / down price at constant speed , but how can you know if the trend is strong or weak , well , look and see when the currency is doing against other currencies , this is my 3rd dimension.
https://www.mql5.com/en/market/product/20994
https://www.mql5.com/en/market/product/20994
Are you tired of having many open charts and watching many different currency pairs? MCTSI will monitor the strengths of 56 currency pairs and show you the best pairs to trade, no more guessing which currency is stronger/weaker, no more trading a pair that is not moving positively. This is the BASIC version. MCTSIP is the more advanced version and can be found here: https://www.mql5.com/en/market/product/20994 You may have many charts open trying to determine the best currency pair to trade on