The Currency Strength Index shows how major currencies perform against each other in real-time. You can see at a glance which currency is on the rise and which one is declining, thus giving you forex pdf information about buying and selling pressure. To avoid volatility bias, Currency Strength Index is using sophisticated calculation algorithm, which makes it a reliable tool in the decision making process of every trader. The Currency Strength Index is calculated in real-time, on every tick.
The calculations are based on the 1 minute time frame. The colored indicator bars and percentage values for each currency are updated automatically every 5 seconds. It is relatively easy to find articles about trading systems that achieve positive long term historical results on highly liquid Forex pairs. However this becomes more difficult as we move to more exotic pairs since trading costs generally make the development of profitable trading systems for these symbols harder. The entry and exit rules are shown below.
Currency Strength Meter is a stand alone Forex Indicator that displays an at-a-glance view of what’s going on in the market, right now. The News Trading EA will compare currencies and find the best two pairs to trade during news releases, in the process maximize your potential. This is where you’ll get the list of the high impact news releases that I trade and the deviations I use to trade them. You can get this list free by following the link below. Market Cycle times, the Natural Rhythm of the market that occurs regularly on a daily basis. Understanding these patterns will provide you a great advantage as you’ll have the best timing possible with your trade entries and exits. Click below to download a copy of the Market Cycle Timeframes to watch for market trend continuations and reversals.