The currency power indicator measures the strength of the 7 major currencies (CHF, AUD, EUR, NZD, JPY, USD, CAD, GBP) and ranks them in a nice little window on the MT4 main chart.

Trading Signals

*****BUY SIGNAL: On the screenshot you can see that AUD has 17% strength - weakest among the others and CAD 76% - strongest. For BUY trades you need to choose STRONGEST currency against the WEAKEST. So, in this case we should enter with BUY on CAD/AUD.

*****SELL SIGNAL: On the screenshot you can see that AUD has 17% strength - weakest among the others and CAD 76% - strongest. For SELL trades you need to choose the WEAKEST currency against the STRONGEST. So, in this case we should enter with SELL on AUD/CAD.

Time frames: any

Sessions: Any

Have a good day and trade well!

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