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Currency Strength Meter for MT4 is indicator that will show you the strength of each currency pair compared to other currency pairs.
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A Forex Currency Strength Meter looks at all the common currency pairs and evaluates the strength/weakness level for each of the 8 individual major currencies, in real time.
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The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency.
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It identifies the relative strength of the major currencies based on monthly, weekly, daily, 4-hour, 1-hour, and 15-minute time frames.
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Some currency pairs are not available for calculating the indices: NZDCAD, NZDCHF, GBPNZD, GBPCAD, GBPAUD.
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Some currency pairs are not available for calculating the indices: NZDCAD, NZDCHF, GBPNZD, GBPCAD, GBPAUD.
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Displays the relative strengths of chosen currencies on one chart.