Currency Power Indicator

The currency power indicator measures the strength of the 7 major currencies (CHF, AUD, EUR, NZD, JPY, USD, CAD, GBP) and ranks them in a nice little window on the MT4 main chart.

Trading Signals

Buy: Look to buy the strongest currency versus sell the weakest currency. Looking at the image below, one would buy the CHF and sell the GBP (CHF/GBP).

Sell: Look to sell the weakest currency versus buy the strongest currency. Looking at the image below, one would sell the GBP and buy the CHF (GBP/CHF).

Indicator Preferences

Currency pairs: majors + currency crosses

Time frames: any

Sessions: Any

Download

Download the MT4 CURRENCY POWER.ex4 indicator.

Configurable Indicator Options

Window, corner, X position, Y position, color,…

EUR/USD M30 Chart Example

currency-power-indicator

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