Pro Currency Strength Meter

5

Currency Strength Meters are a great way to identify strong and weak currencies.

With this CSM indicator attached to your chart, you will get a clear overlook over the 8 major currencies: USD, EUR, JPY, CAD, CHF, GBP, AUD, and NZD.


Suggested timeframes to scan is:

M15 - H1 - H4 - Daily 

You can however just change timeframe to check in the settings. Bear in mind that scanning very low timeframes such as M1 will require a lot of resources and might make your mt4 terminal slow. 


The strength scale goes from 0 - 100 and by default we consider: 

Strong: Currencies with a strength number higher than 60 (Colored green)

Neutral: Currencies between 40 and 60 (Colored yellow)

Weak: Currencies with a strength number lower than 40 (Colored pink)


Note: You can change the color criteria if you want to define strong and weak currencies differently than the default settings.  


If you want CSM numbers to be close to Adam Khoos numbers make sure you set "Triangular weightning" TRUE in the settings



Recensioni 4
Trevin Chew
23
Trevin Chew 2021.02.16 06:15 
 

I'd say this indicator help me so much to enhance my trade qualities, And Seller is also very kind&helpful in responding to all my doubs&questions as well. Fantastic tools I've seen so far. Really good for trading. 10 stars~

Stuart Hughes
110
Stuart Hughes 2020.12.11 02:10 
 

Excellent CSM. Displays multiple time frame currency strength very clearly. I have been using it for a while now and find it very useful and accurate in deciding pairs to trade. Seller is very pro active and offers excellent support and follow up after purchase. I have given it a 5 star rating and i would recommend it to any currency trader.

Wee
72
Wee 2020.09.22 16:57 
 

Great Currency Strength Meter (CSM). Helps me a lot to identify the strong and weak currencies. Love the way it is presented. Compared this CSM values with few other CSMs and this CSM gives values accurately for me to find the best pairs to trade. Seller is very helpful in responding to my questions. Great CSM and would recommend it to anyone and would like to give a 5 star rating for this CSM. Great CSM and thanks for making it available.

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Segnale GoldRush Trend Arrow L'indicatore GoldRush Trend Arrow Signal fornisce un'analisi precisa e in tempo reale dei trend, pensata appositamente per gli scalper ad alta velocità e a breve termine nel mercato XAU/USD. Progettato specificamente per il timeframe di 1 minuto, questo strumento mostra frecce direzionali che indicano chiari punti di ingresso, consentendo agli scalper di navigare con sicurezza nelle condizioni di mercato volatili. L'indicatore è composto da frecce di avviso PRIMA
Presentiamo l'Indicatore F-16 Plane, uno strumento all'avanguardia per MT4 progettato per rivoluzionare la tua esperienza di trading. Ispirato alla velocità e alla precisione imbattibili dell'aereo da combattimento F-16, questo indicatore combina algoritmi avanzati e tecnologia all'avanguardia per offrire prestazioni senza precedenti sui mercati finanziari. Con l'Indicatore F-16 Plane, volerai al di sopra della concorrenza poiché fornisce analisi in tempo reale e genera segnali di trading estrem
POWR Rise Coming
Trade Indicators LLC
This indicator is SO SIMPLE… when the green Rise Coming arrow appears, a price drop may be on the way! Plain and easy profits! As you receive more than one 'Rise Coming' text signal in a downtrend, it means momentum is building larger for a bull run. HOW TO USE 1. When the green "Rise Coming" text appears, a price jump may be on the way! This indicator Never Repaints! To get the best setting it's a matter of tweaking the indicator until it gives you the best results. Our recommendation, and what
Altri dall’autore
This is a brand new trend scanner for all of us that love to use different kinds of moving averages to define a trending market. This scanner is very useful and saves you a lot of time when you want to look for trending markets.  In the scanner, you can choose to either use two different moving averages or three when defining a trend. Some like to use f. ex. the 50 EMA and the 200 EMA. If 50 is below 200 they will consider it a downtrend.  Others like to use three moving averages. This can be e.
One-Click Strategy One-Click Strategy is designed to make your life easier when placing trades. It is suited to be used with common strategies where you place your stop loss over the recent high or below the recent low. This is very common when you trade support and resistance for a bounce or break out.  Want to sell or buy? Press "sell" or "buy" and the SL is placed above/below the recent high/low with a target of your choice. Lot size is calculated based on your settings. Taking trades takes
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chinedu Aligekwe
131
chinedu Aligekwe 2021.08.02 03:27 
 

Please I added the indicator to my live chart and I can't see it, I am doing something wrong?

Trevin Chew
23
Trevin Chew 2021.02.16 06:15 
 

I'd say this indicator help me so much to enhance my trade qualities, And Seller is also very kind&helpful in responding to all my doubs&questions as well. Fantastic tools I've seen so far. Really good for trading. 10 stars~

Stuart Hughes
110
Stuart Hughes 2020.12.11 02:10 
 

Excellent CSM. Displays multiple time frame currency strength very clearly. I have been using it for a while now and find it very useful and accurate in deciding pairs to trade. Seller is very pro active and offers excellent support and follow up after purchase. I have given it a 5 star rating and i would recommend it to any currency trader.

Wee
72
Wee 2020.09.22 16:57 
 

Great Currency Strength Meter (CSM). Helps me a lot to identify the strong and weak currencies. Love the way it is presented. Compared this CSM values with few other CSMs and this CSM gives values accurately for me to find the best pairs to trade. Seller is very helpful in responding to my questions. Great CSM and would recommend it to anyone and would like to give a 5 star rating for this CSM. Great CSM and thanks for making it available.

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