Currency Strength Meter – indicator for MetaTrader 4

Currency Strength Meter – indicator for MetaTrader 4

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By combining the relative strength of 4 different instruments, you can spot new trends as they emerge and take early positions.

Currency Strength Meter indicator gets RSI (Relative Strength Index) values from four different instruments of your choice and displays them in indicator window.

Features

  • Ability to set custom colors and styles for each instrument.
  • Displays colored labels for instrument identification.
  • You can adjust period and applied price.
  • Supports all types of markets (Forex, Commodities, Indices, Crypto Currencies etc.).

Inputs

  • instrOne – instrument 1.
  • instrTwo – instrument 2.
  • instrThree – instrument 3.
  • instrFour – instrument 4.
  • colorOne – instrument 1 color.
  • colorTwo – instrument 2 color.
  • colorThree – instrument 3 color.
  • colorFour – instrument 4 color.
  • indicatorPeriod – indicator period.
  • appliedPrice – indicator applied price.

MT4 Indicators – Download Instructions

Currency Strength Meter – indicator for MetaTrader 4 is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

Currency Strength Meter – indicator for MetaTrader 4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install Currency Strength Meter – indicator for MetaTrader 4.mq4?

  • Download Currency Strength Meter – indicator for MetaTrader 4.mq4
  • Copy Currency Strength Meter – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on Currency Strength Meter – indicator for MetaTrader 4.mq4
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Currency Strength Meter – indicator for MetaTrader 4.mq4 is available on your Chart

How to remove Currency Strength Meter – indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

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MT4 Indicators Download below:

Currency Strength Meter – indicator for MetaTrader 4

 

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