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Trend Strength Indicator For Metatrader 4
Written by Aboutcurrency
DOWNLOAD: Download this Metatrader 4 indicator here >>>
Description: Measure the trend strength of the major currency pairs across all timeframe's with the trend strength indicator for Metatrader 4. Works on EUR, USD, JPY, GBP, CHF, AUD and CAD. Attach the indicator to any currency chart and timeframe of your choice.
How to use the indicator?
Basically, it shows you the weakest versus the strongest currencies. Red color = bearish trend, Green color = bullish trend and yellow color = weak or flat trend.
For example (see picture below): GBP/USD red colored box signals weakness in this currency pair and timeframe.
File Name: TrendStrength.ex4
Metatrader 4 Screenshot:
GBP/USD 4 Hour Chart
Features: Works on all major currencies, supports all time frame's up to the monthly charts, fully customizable, free licence, Metatrader 4 ready.
Download: Download this Metatrader 4 indicator here >>>
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