The currency power indicator evaluates the strength of the seven main currencies (CHF, AUD, EUR, NZD, JPY, USD, CAD, GBP) and positions them in an awesome little window on the MetaTrader 4 key chart.
For purchase signal: Observe to purchase the firmest currency contrast auction the weakest currency. While observing at the image beneath, one would purchase the CHF and auction the GBP (CHF/GBP).
For auction signal: Observe to auction the weakest currency contrast to purchasing the firmest currency. Observing at the image beneath, one would auction the GBP and purchase the CHF (GBP/CHF).
- This forex indicator can be utilized in main currency pairs and currencies that bypass.
- It is applicable on any recommended time frames.
- It can be utilized on any endorsed trading sessions.
- Window, X position, corner, Y position and color are the configurable options for this indicator.
Utilize this forex Indicator at your own risk. Windsor Forex cannot be responsible for any losses associated with utilizing any forex indicator presented on the site. It’s not recommended to utilize this indicator on the real account without testing it on demo first.