The indicator measures a currency’s relative strength, on different timeframes, through a certain percentile spread analysis. This allows us to compare which are the strongest currency pairs, against the weakest pairs.
The indicator measures a currency’s relative strength, on different timeframes, through certain percentile spread analysis. This allows you to compare which are the strongest currency pairs, against the weakest pairs.
These spreads are based on comparison against USD.
How is “CEF Spread Currencies Strength” useful to you?
This indicator determines a currency’s strength for different timeframes, based on its spread historical record.
How can you use “CEF Spread Currencies Strength” indicator?
The low scores indicates large negative than usual spread of this currencies against others and the high scores indicates large positive than usual spread of this currencies against others.
Support and questions:
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Carlos Forero, Member of Clever Trading Club, private organization with the purpose of design clever solutions to generate constant profits with adapted risk.
<a href=”https://www.mql5.com/en/market/product/38654#!tab=reviews”><img src=”https://clevertrading.club/wp-content/uploads/2020/10/Review-Stars.png” style=”margin-right:5px; margin-top:5px;” />
<h3>Clever Spread Strength Meter<h3></a>
<h4>2020-10-01 | Mujeeb Abdul</h4>
<p>Excellent Indicator give good strength of currencies and commodities helps a lot Author is very cooperative made some modification on my recommendation thanks</p>
This indicator points out zones in which, with a high probability, institutional orders with the potential to change the price’s direction and keep moving towards it, have been placed.
LITE VERSION – ONLY EURUSD. The indicator uses market profile theory to show the most relevant trading zones, on a daily basis. The zones to be shown are LVN (low volume nodes) and POC (point of control).
The indicator shows the TDI indicator in a separate window, and with the RSI component, the indicator finds possible divergences with M or W patterns.