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.
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<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>
It shows the price trend direction and its strength. The indicator detects the trend since the beginning of the week. (Recommended timeframe H1)
The indicator predicts, with a specific probability, if the actual candlestick range will expand or contract compared to the range of a previous candle. Furthermore, the indicator shows the possible high or low of the actual candle, based on trend direction. (Recommended for Daily, Weekly or Monthly timeframes).
Very robust and powerful indicator, which allows through its 4 components, trade the market in trend or not trending conditions. it based on a very reliable trading strategy and gives you all you need to be succesful in trading.