Currency strength meter MT4 will show you the strength of each currency in the forex market. You can choose currency pairs containing: Strongest and weakest currency to trade.
Related: Currency Strength indicator MT4
Category: MT4 Indicators
Platform: Metatrader 4
Download link: At the end of the post.
Introduction
The Currency Strength Meter is a technical indicator that determines the relative strength of currencies. It is a graphical representation of the strength or weakness of currencies in the Forex market. You can see the relative strength of all majors.
You have real-time data for the current market, and you can decide which currency is under or overvalued. This is a good additional signal or filter in Forex technical analysis.
Currency strength meter MT4 can be used alone or in combination with other indicators to form a trading system.
Screenshot
Default setting
Download Currency strength meter MT4
How To Install Custom MT4 Indicators On Mt4 (6 Simple Steps)
Step 1: Download The Indicator To Your Computer. Unzip (if any) to get .mq4 and/or .ex4 file
Step 2: Go To Your Mt4 Trading Platform And Click “Open Data Folder”
Step 3: Click open the “MQL4” folder
Step 4: Click Open the “Indicators” Folder
Step 5: Paste The Custom MT4 Indicator Into The “Indicators” Folder
Step 6: Close Your MT4 Trading Platform And Then Restart It