FX Capital Flow Scanner
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The FX Capital Flow Scanner is a Model designed to take "Currency Strength Analysis" to the Next Level!
- Perfect for all levels of trading experience, beginner or professional
- You will always know what to trade and in what direction
- You can add any currency related symbols
Examples - including Gold (XAU/USD), Silver (XAG/USD) and Bitcoin (BTC/USD)
- Works on all time frames
- 28 major pairs as default settings
Model (Basket Analysis)
The model have two important moving averages, one fast (5) and one slow (12), they are used to determine whether the direction of a currency pair is bullish, bearish or neutral. Example when the model is measuring the strength of EUR, it will look at all EUR related pairs and see what pairs are trading with, against or neutral with EUR and score EUR accordingly. By default EUR is measured against 7 other currencies, so the score will range from -7 to +7.
When the FX Capital Flow Scanner have performed the basket analysis on all currencies it will combine the strongest against the weakest currencies (based on the threshold used) and display the results on the dashboard. In parameters you can choose what threshold the model will use when filtering combinations. Example a threshold 5 will combine +5,+6,+7 with -5,-6 -7 while a threshold of 3 will combine +3,+4,+5,+6,+7 with -3,-4,-5,-6,-7. You can double-click on the pairs listed on the dashboard to open a new chart. In parameters you can select what template the new chart will open with.
- Currencies: EUR,AUD,CAD,USD,NZD,GBP,CHF,JPY (28 major pairs as default)
- Threshold: 3
- MA Method: Simple
- Fast MA: 5
- Slow MA: 12
- Template: Write the name of your template here.
- Color New Buy Signal: LightSkyBlue
- Color New Sell Signal: LightPink
- Update Sound: tick.wav
- Debug Mode: Yes/No