• Advanced Currency Strength28 Indicator +
• Advanced Currency IMPULSE with ALERT +
• CS28 Combo Signals (recent Bonus)

Why Choose Currency Strength Trading?

Currency strength trading is widely recognized among seasoned traders as one of the most profitable trading strategies. By focusing on currency pairs where one currency is strong and the other is weak, traders can optimize their chances for successful trades. The Dynamic Forex28 Navigator is specifically engineered to enhance this approach, providing real-time insights that allow for precise decision-making.

The display:

Explanation of Dynamic Market Fibonacci Levels (MFib) for Dynamic Forex28 Navigator:

Dynamic Market Fibonacci levels are a unique feature in the Dynamic Forex28 Navigator indicator. Unlike traditional Fibonacci levels applied to price charts, here we apply these levels to currency strength, offering a deeper insight into market dynamics.

Key Features:

• MFib 100 (Green Line): This is a key reference point, used to determine if a trader enters a position at the right moment. It's an early signal for trading opportunities, representing a key strength threshold in the market.

• MFib 161/261 (Red & Magenta Lines): These are known as the Market Fibonacci Retracement Zones. They mark potential reversal zones and reflect significant market activity. When a currency reaches these levels, it indicates that its strength might be approaching a critical turning point, signaling a possible change in direction.

• MFib 23 and MFib -23: These zones measure buy and sell momentum. The angle or slope within this range can help identify how fast the currency strength is changing, indicating whether the momentum for buying or selling is increasing.

How They Work: Dynamic MFib levels reflect market activity across all 28 currency pairs. This helps traders monitor when large market players (market makers) are becoming active. This activity is often evident around major trading sessions, such as the London open or the New York close.

By using these Fibonacci levels, traders can better time their entries and exits, ensuring they align their trades with strong market movements and avoid weaker fluctuations.

In summary, MFib levels offer traders a more sophisticated view of currency strength, helping them make better-informed decisions and identify potential reversal zones and entry opportunities.

This unique function sets the Dynamic Forex28 Navigator apart, giving you an edge in anticipating market movements effectively.

The scalper paradise.

For beginners, it’s best to focus on higher time frames such as M30 or H1, or even higher, as these charts provide more stable and less volatile market conditions. Lower time frames, like M5 or M15, can be much more unpredictable due to market noise and price fluctuations, and are generally more suited for experienced scalpers. Beginners should avoid these smaller time frames until they are confident in their strategy and understanding of market dynamics.

Dynamic Forex28 Navigator is the next evolution of our long-standing and highly successful indicators, seamlessly combining the power of three renowned systems into a single tool:

• Advanced Currency Strength28 Indicator: With 695 5-star ⭐️⭐️⭐️⭐️⭐️ reviews to date, this indicator has gained immense popularity for accurately gauging currency strength. You can read more about its impact here: https://www.mql5.com/en/market/product/13948#!tab=reviews

• Advanced Currency IMPULSE with ALERT: Another game-changing tool, boasting 520 5-star ⭐️⭐️⭐️⭐️⭐️ reviews, that offers traders advanced momentum signals and timely alerts. Explore its reviews here: https://www.mql5.com/en/market/product/18155#!tab=reviews

• CS28 Combo Signals: A recent bonus feature that merges signals from the two indicators above, delivering enhanced market insights and precise trading signals.

By merging the strengths of these three highly-rated indicators, we’ve created the Dynamic Forex28 Navigator, a powerful tool with outstanding results. This innovative product represents the culmination of years of refinement, combining advanced currency strength analysis, real-time alerts, and multi-signal precision, all in one robust platform.

The image below shows the sub-window. The strategy is based on our 28 Pairs Currency Strength Trading System, which we have successfully applied since 2016. The indicator is designed to spot buy and sell momentum, referred to as the "GAP", which shows strong currency strength angle slopes. These angles are used to generate signals and alerts for traders.

In the sub-window, the colors of the arrows are aligned with the currency strength lines, making it easy to identify which currency the signal is referring to. For instance:

• Blue Arrows = GBP
• Red Arrows = USD

The direction of the arrows reflects whether it is a Buy or Sell signal:

• Upward Arrows indicate Buy opportunities, showing that the currency is gaining strength.
• Downward Arrows indicate Sell opportunities, showing that the currency is losing strength.

For example, if you see a red arrow pointing down, this signals a sell for USD, while a blue arrow pointing up signals a buy for GBP.

For more detailed information on this strategy, check out the blog post with over 54,000 views here:
https://www.mql5.com/en/blogs/post/679077

In the image, we can see how Dual Momentum works by combining the analysis of two currencies—base and quote—from a forex pair (in this case, CADJPY). The system analyzes each currency's individual momentum and generates a dual signal based on opposing movements.

Subwindow Explanation:

• CAD (green) and JPY (yellow) lines represent their respective strength. When these two lines move in opposite directions, a dual momentum signal is formed.
• CAD-sell combined with JPY-buy results in a sell signal for CADJPY.
• Conversely, CAD-buy combined with JPY-sell forms a buy signal.

Main Window Explanation:

• Violet arrow (sell): When the CAD line (green) moves downward and the JPY line (yellow) moves upward in the subwindow, this creates a downward violet arrow (dual momentum) in the main window, signaling a CADJPY sell.
• Green arrow (buy): In the second half of the chart, we observe the reverse signal—CAD strength rising and JPY weakening—leading to an upward green arrow in the main window, signaling a CADJPY buy.

The arrows follow the rule of direction: upward for a buy, and downward for a sell. This mechanism provides clear signals to enter or exit trades based on the combined momentum of both currencies.

For more insights on the dual momentum strategy, you can explore further details and community discussions at the following link (comment 1):
https://www.mql5.com/en/blogs/post/679077#comment_2793831

This method follows the principles laid out in the 28Pairs Currency Strength Trading System.

Outer Range and Crossed Lines.

1. Outer Range Filter (+100/-100 Market Fibonacci Range)

• What it does:
  The Outer Range filter is represented by the +100 and -100 Fibonacci market lines (green). These lines form a boundary for price action. The key idea behind this filter is to help traders determine optimal entry zones within this range.

• How it works:

  • Between the lines (+100 and -100): This is the primary area where traders look to enter trades. Signals generated within this zone are generally more reliable.
  • Outside the lines: When a currency strength line crosses beyond the +100 or -100 range, it indicates the market is likely overextended. Entering trades at this point can be risky, as most of the price movement may have already happened, increasing the chance of a reversal or reduced momentum.

• Trading Suggestion:

  • Prefer entering trades within the +100/-100 range, as these signals tend to carry lower risk.
  • Exercise caution when price moves outside these boundaries, as the market may be nearing exhaustion, and waiting for a potential pullback or reversal is recommended.

2. Crossed Lines Filter (Confirmation of Trend)

• What it does:
  The Crossed Lines filter is a simple yet powerful confirmation tool. When two currency strength lines cross, it often signals a trend confirmation. Many traders prefer to wait for this crossover as a confirmation before entering a trade.

• How it works:

  • Before the cross: Reversal traders may look for opportunities to enter trades earlier, relying on other reversal signals.
  • After the cross: Once the lines cross, this typically confirms the direction of the trend (either bullish or bearish). Most traders might prefer waiting for this cross before taking action, as it reduces the risk of entering trades prematurely.

• Trading Suggestion:

  • Reversal traders: Enter before the cross if you're willing to take on more risk in exchange for potentially better pricing.
  • Trend traders: Wait for a confirmed cross for safer entries and trend validation.

You can find more details in Comment 4:
https://www.mql5.com/en/blogs/post/679077#comment_2796349

The image below illustrates a confirmed Dual Momentum signal in AUDJPY, highlighting three essential conditions that must be met for a confirmed trade signal, which is represented by an arrow and a vertical line in the main window.

1. Dual Momentum: This condition is met when the base and quote currencies exhibit opposing strength. For example, in the subwindow, the yellow and blue lines (representing JPY and AUD respectively) move in opposite directions, signaling dual momentum, which is a critical factor in determining trade direction.

2. Within Outer Range: The currency lines (yellow and blue) remain within the defined Outer Range, indicated by the green ±100 Fibonacci lines. The outer range filter suggests that entering trades is more favorable within this zone, while crossing these boundaries implies increased risk.

3. Crossed Lines: The lines representing both currencies (JPY and AUD) must cross each other, as shown by the lines in the subwindow. This confirms the direction and strength of the trend, providing further validation for the momentum.

When all three conditions are fulfilled, the Dynamic Forex28 Navigator draws a vertical line and an arrow in the main window, offering a clear visual cue for a potential trade and of course an alert.

Explanation of the Chart: Pink Stopper Sign (X-STOP)

In this chart, the Pink Stopper Sign acts as a critical signal when the market is approaching extreme levels. Here’s how it functions:

• Purpose: The pink "X" indicates that the price is in a zone where the market may be overextended or nearing exhaustion, typically after a strong trend. This makes it a potential area for reversals or consolidation.

• Application: Traders may interpret this as a warning to avoid further selling if they are already in short positions. Alternatively, it can be used as a profit-taking signal or even as a trigger to exit trades before a possible trend reversal. It’s a proactive feature to help manage risk effectively.

• Stop Warning: When the pink sign appears below the price, like in the current example, it suggests that the market may no longer support further downward momentum, cautioning traders to stop selling positions or initiate new ones.

Suggestion for Traders:

1. Risk Management: When the pink stopper appears, especially if you are in a profitable trade, it may be a good time to secure profits or adjust stop-losses to lock in gains.
2. Reversal Traders: For those looking to catch trend reversals, the appearance of this stopper sign could signal a potential entry for a counter-trend position, particularly if combined with other confirmation like support/resistance levels or supply and demand indicators.

Explanation of Enhanced Pullback/Reversal Alerts (HOOK)

Pullback/Reversal Alerts (HOOK):
These alerts are triggered when a currency strength line (like USD in this case) retreats from the Outer Range. The indicator generates a signal, represented by a pink thumb-down on the price chart, indicating the potential for a pullback or reversal. This signal is often accompanied by a sell-arrow in the indicator's sub-window.

In this chart (USDJPY M5), we observe the following key details:

1. X-STOP Sign:
   The first appearance of an X-STOP sign above the price bars signals a warning that further buying may no longer be advisable. This serves as a cautionary alert for traders to reconsider their positions.

2. HOOK Signal:
   One bar after the X-STOP, a HOOK signal appears. The pink thumb-down indicates a sell reversal is imminent, confirmed by the sell-arrow.

3. USD Line Reaction:
   In the sub-window, the USD strength line (red) hits an extreme level near the Fib +261 mark, signaling exhaustion. It then sharply reverses, triggering the HOOK-ALERT, followed by a price decline.

4. Buy Reversals:
   Conversely, when a buy reversal occurs, the signal is a green thumb-up for potential long positions.

Chart examples:

In the GBPCAD chart (H1 timeframe), here is the breakdown of key elements seen:

1. Dual Momentum Buy Confirmation:

   • The chart clearly shows that GBP is in a buy position (positive momentum), and CAD is in a sell position (negative momentum). This combination results in a strong buy signal for GBPCAD.
   • The green arrow pointing upwards in the main window highlights the bullish movement of GBP relative to CAD, confirming that GBP strength is rising while CAD is weakening, which is ideal for a long trade.
     
     

2. Dynamic Forex28 Navigator Analysis (Sub-window):

   • GBP (blue line): GBP is gaining strength, seen with its upward trajectory crossing multiple market fib levels. As GBP continues to rise, it supports the upward movement of GBPCAD.
   • CAD (green line): The CAD line is trending downward, indicating weakness. This trend enhances the validity of the long GBPCAD trade since CAD is clearly weakening further.
   • Additional Confirmation: Both GBP and CAD are shown diverging, which further strengthens the potential for a bullish continuation in GBPCAD.
     
     

3. X-STOP and Indicators:

   • The X-STOP above price (pink Xs) signals caution, indicating that the current move has reached a point where buying is likely to slow or stop soon. This is a warning to look for potential pullbacks or exit opportunities.
     
     

4. Market Conditions:

   • The market is balanced but shows that GBP has a strong momentum advantage, with a value of +17 (as shown in the navigator), further supporting the upward trend.

In summary, this chart strongly indicates a bullish continuation for GBPCAD, driven by GBP strength and CAD weakness, with confirmation from both the dual momentum system and navigator signals. However, the presence of X-STOP above the price on the last bar suggests monitoring for potential profit-taking or pullback situations.

Check the great signals from yesterdays red news.  Fed Interest Rate Decision 5.00%

In this USD/JPY M5 chart with the Dynamic Forex28 Navigator, we can see multiple signals and actions marked from the previous day's price movements, especially related to the Fed Interest Rate Decision of 5.00%. Let's break down the key components of this chart and what happened yesterday:

Key Events on the Chart:

1. NEWS Event - USD Interest Rate at 5%:

   • This major news release occurred on the left side of the chart, as indicated by the red box. Following this, we can observe significant volatility and strong price movements, which are typical after such a market-moving event.
     
     

2. Dual Momentum Sell - JPY Strongest, USD Weakest:

   • Right after the news, the chart indicates a Dual Momentum Sell signal, highlighting that JPY was the strongest and USD the weakest.
   • This combination triggered an ideal sell opportunity for USD/JPY, which is labeled directly on the chart as the best USD/JPY sell. This sell-off was accompanied by strong downward momentum in price.
     
     

3. Stop Selling Alert:

   • As the price continued to fall, we can see the chart marking a Stop Selling point, meaning that the downward momentum was losing strength, signaling traders to close short positions.
     
     

4. HOOK Alert (Reversal) + Dual Momentum Buy:

   • A bit further along, a HOOK-Alert appeared, signaling a potential reversal in price, followed by a Dual Momentum Buy signal. This indicated a shift where USD was gaining strength, and JPY was weakening.
   • This was a key opportunity to buy USD/JPY, as shown by the green arrow and labeling.
     
     

5. Stop Buying Alert:

   • As the price rose, the chart indicates a Stop Buying signal at the top of the price movement, telling traders to exit their long positions. The buy signal had played out, and momentum was waning.
     
     

6. Again Dual Momentum BUY:

   • After a brief retracement, we see another Dual Momentum BUY signal, indicating another opportunity to buy the pair as the price resumed its upward movement.
     
     

7. Stop Buying (Middle of chart):

   • Towards the middle of the chart, we see another Stop Buying sign, indicating that further buying was no longer advisable due to loosing bullish momentum.

Strength Analysis (Bottom Indicator):

• JPY (Yellow Line): Noticeably strong after the news event, reflected by the sharp upward slope, confirming the initial sell opportunity on USD/JPY. However, it started weakening later on.
• USD (Red Line): Initially very weak, marked by its downward slope, but it gained momentum later in the session, which coincided with the dual momentum buy signals.
• Other currencies like CHF, GBP, and NZD are also visible but play a less significant role in this particular USD/JPY analysis.

Summary of Yesterday's Signals:

• The Fed Interest Rate Decision at 5.00% caused significant volatility in the USD/JPY pair, with both sell and buy opportunities.
• The Dual Momentum signals, along with clear Stop Selling and Stop Buying alerts, helped guide traders through the price movements efficiently.
• Overall, it was a highly profitable day for traders who followed the dynamic signals, particularly selling after the news event and then taking advantage of the reversal buy signals.

This chart highlights how dynamic momentum shifts in currencies can offer multiple trade opportunities throughout the day.

I’ve prepared a STARTER-PACK email with templates just for you!

Once you've obtained the indicator(s), request your STARTER-PACK (manual) to receive additional resources including helpful links, templates, and more. I’m here to ensure your success in using the tools effectively!

To get it, simply send an email to currencystrength28@gmail.com or leave a comment here, and I’ll provide your manual right away.

Best regards, Bernhard

Visit www.CurrencyStrength28.com for more information.

One more example of Dual Momentum. CADCHF M15