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Re: Something interesting please post here (Metatrader)

bilbao, Mon Feb 20, 2017 5:58 am

Ferru FX Universal Strength Meter PRO


This is more than a basic strength meter. Instead of limiting the calculation to price, it can be based on any of the 19 integrated strength modes + 9 timeframes.

With the FFx USM, you are able to define any period for any combination of timeframes. For example, you can set the dashboard for the last 10 candles for M15-H1-H4… Full flexibility!

Very easy to interpret... It gives a great idea about which currency is weak and which is strong, so you can find the best pairs to be traded in good confidence.

Example: If EUR is strong and USD is weak, then you can look for long entries on your EURUSD chart.

It also includes an alert when specific currencies reach strong or weak levels.

Then all usual parameters for the standard indicators like provided in your MT4 platform.
The dashboard can be displayed in a compact mode, to monitor only two currencies for the current chart.
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