Forex Trading using Index Analysis in MetaTrader



The Orion Index Gain Analyzer developed by FX AlgoTrader (www.fxalgotrader.com) is a unique trading tool which allows forex traders to see compare currency / fx index data over multiple timeframes. The Orion Index Analyzer calculates real time gain index data for all the major currencies and displays the data over hourly, 4 hourly, daily, weekly and monthly timeframes. The system provides trader defined index filters which allows traders to set their own custom filters. Any pairs which satisfy the trader filter criteria will be displayed in a trading candidate list and an email alert will be sent to the trader. Using Orion gives forex traders a unique advantage as they can see exactly which currencies are strengthening and which are weakening at a macro level in real time. The Orion Index Analysis tool is platform independent so it can be run on any MT4 platform. The index calculation algorithm is done on the fly using proprietary functions. Orion Product Page: http://www.fxalgotrader.com/Products/Analysis-Tools/MetaTrader-Forex-Index-Analyzer-Trading-Tool.html

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