Currency heat map indicator

currency heat map

The Currencies Heat Map Strong Trend MT4 foreign exchange indicator lets you spot strong and vulnerable currencies in one easy to examine comparison desk.

How to use this statistics to your benefit?

Trade the strongest as opposed to the weakest currencies. Both currencies blended shape robust trending foreign money pairs, either up or down.

For instance, alternate a Limegreen colored currency as opposed to a Firebrick colored forex (uptrend) or a Red colored currency as opposed to a Green coloured foreign money (downtrend).

Download the “forex-heatmap.ex4” MT4 indicator

The EUR/USD 15-Minute chart under displays the choices Currencies Heat Map Strong Trend Metatrader four Forex indicator in movement.

Signals from the choices Currencies Heat Map MT4 foreign exchange indicator are easy to interpret and is going as follows:

Buy Signal: Go long the choices strongest UP forex as opposed to the choices weakest DOWN forex. Confirm the choices buy exchange with additional technical analysis gear or indicators.

Sell Signal: Go quick the weakest UP currency as opposed to the most powerful DOWN foreign money. Confirm the promote trade with additional technical analysis equipment or indicators.

Trade Exit: Use your personal method of change exit.

Download the “forex-heatmap.ex4” Metatrader 4 indicator

Type: Chart pattern indicator

Customization options: Variable (robust up, susceptible up, no circulate, weak down, strong down) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Copy and paste the choices foreign money-heatmap.ex4 into the MQL4 signs folder of the Metatrader 4 buying and selling platform.

You can get admission to this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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