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USD (Dollar) Strength Metatrader 4 Indicator

The USD strength indicator measures the strength of the US Dollar against 4 major currency pairs: the EUR/USD, GBP/USD, USD/JPY and AUD/USD.

Then it combines data to draw green bars for dollar strength (bullish) or red bars for dollar weakness(bearish).

Trading Signals

Green Bars: Look to buy the USD against the weakest currency pair.

Red bars: Look to sell the USD against the strongest pair.

Indicator Preferences

Currency pairs: any
Preferred Time frames: any
Sessions: any

Download

Download the CUSIV01.mq4 indicator.

Configurable Indicator Options

EMASize, Colors: GBP/USD strength, EUR/USD strength, USD/JPY strength and AUD/USD strength

GBP/USD H1 Chart Example

usd-strength-metatrader4-indicator

How to install the USD (Dollar) Strength custom indicator in Metatrader 4?

  • Download the CUSIV01.mq4 indicator to your computer.
  • Open your Metatrader 4 platform.
  • Open the data folder from the top menu.
  • Open the MQL4 folder.
  • Open the indicators folder.
  • Paste the indicator file in this folder.
  • Restart the trading platform.
  • Open any trading chart.
  • Attach the indicator to the chart.