How does the currency strength indicator work

Here we explain how the currency strength indicator works. One of the most important things to realise first is that the currency strength indicator works in real time from 1 minute to one month. So when you apply the currency strength indicator to a one minute chart, you will see the currencies moving higher and lower, in real time. Perhaps even more importantly, the currency strength indicator has been designed to be personalised to your style of trading. It gives you complete control over the speed at which the indicator works. After all, if you are as scalping forex trader, then you want to speed it up a little, and as a swing or trend trader, to slow it down a little. The currency strength indicator puts you in control helping you to maximise your profits, whatever your style of trading. The indicator works by considering all the twenty eight currency pairs and their associated price action. A complex algorithm then displays the eight individual currencies relative to one another in real time. Finally the indicator can be fully customised in terms of style and colour, and also displays zonal lines to help you to identify when a currency is moving into an overbought or oversold region on the indicator.

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