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).
Green Bars: Look to buy the USD against the weakest currency pair.
Red bars: Look to sell the USD against the strongest pair.
Currency pairs: any
Preferred Time frames: any
Configurable Indicator Options
EMASize, Colors: GBP/USD strength, EUR/USD strength, USD/JPY strength and AUD/USD strength
GBP/USD H1 Chart Example