Best Currency Strength Indicator v4.2 MT4 (Original version)
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What is Best Currency Strength Indicator?
Best Currency Strength Indicator is not only an indicator but also a smart financial advisor. By analyzing 28 currency pairs in depth and assessing the strength of each currency, the tool helps investors better understand the market and make informed trading decisions. With its unique features, this tool helps save time, minimize risks and increase profits in the volatile forex market.
➡️ Vendor website: Click here
About the Author
This product is compiled by Tumelo Patrick Rakotsoane. This Russia author has more than +6 years of experience working on MQL5 with many famous products such as Best Currency Strength Indicator, Trading Sessions Advanced MT4 and others. Among them, Best Currency Strength Indicator is his best performing product.
Key Features
🔹Analyze the entire market in just 1 minute: Analyze the strength of all 28 forex currency pairs on any timeframe.
🔹Discover the real market movement: Show the change in strength of each currency and the economic performance of the corresponding country.
🔹Provide trading signals: Identify the starting point of a trend when currencies start to diverge and send signals to your phone.
🔹Flexible settings: Allows you to choose the timeframe, calculation starting point, trading strategy and currency strength calculation.
🔹Intuitive interface: Use charts, colors and time intervals for easy analysis.
🔹Additional features: Includes alerts, sending signals to your phone, customizing the interface.
How to use?
🔹Indicator settings: Add the indicator to your chart.
🔹Configure settings: Adjust parameters such as prefix, suffix, trading strategy, number of bars, start time, start date, …
🔹Analyze charts: Observe the chart to determine the relative strength of currencies.
🔹Receive signals: Wait for divergence signals from the indicator.
🔹Execute trades: Buy strong currencies and sell weak currencies based on the signals.
Best Currency Strength Indicator Review
Best Currency Strength Indicator condenses complex forex market analysis into a single intuitive dashboard. Analyze not only 28 forex pairs but also Gold, Silver and 5 custom assets (Stocks, CFDs, Cryptocurrencies, Indices or any tradable chart).
Best Currency Strength Indicator mt4 Review
Best Currency Strength Indicator mt4 Reviews
Best Currency Strength Indicator Review
Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Currency pairs | 28 forex pairs, gold, silver, stocks, CFDs, cryptocurrencies, indexes. |
| Time frames | Any |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, HTFX Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
>>> Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
✅ Indicators: Best Currency Strength Indicator v4.2_fix.ex4
Conclusion
In short, The Best Currency Strength Indicator for MetaTrader 4 is an all-in-one professional-grade tool that empowers traders to analyze the entire forex market in just one window and one minute. By calculating the real-time strength of all 28 major currency pairs—alongside Gold, Silver, and customizable assets—this indicator provides a strategic edge by identifying diverging currencies and early trend formations using non-lagging price data.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is The Best Currency Strength Indicator used for?
This indicator is designed to analyze the entire forex market in one chart by calculating the strength of all 8 major currencies across 28 pairs, helping traders identify the best currencies to buy and sell in real-time.
❓ How does it help with making profitable trades?
By identifying when currencies diverge from one another, the indicator pinpoints the start of strong trends—allowing you to buy strong currencies and sell weak ones, just like institutional traders and banks.
❓ Can I use this indicator for news trading or fundamentals?
Yes. The indicator reflects a country's economic strength through its currency, making it an excellent tool for fundamental analysis, even if you don’t follow the news directly.
❓ Does it work across different timeframes?
Absolutely. It features a Multi-Timeframe Dashboard that calculates and displays currency strength across any timeframe, making it suitable for both scalping and long-term trading.
❓ Can I receive alerts or signals on my phone?
Yes, the indicator offers real-time alerts and can send trading signals directly to your mobile device, so you never miss an opportunity—even when away from your computer.
❓ What financial instruments does it support?
In addition to 28 forex pairs, the indicator supports Gold, Silver, and 5 custom instruments like stocks, indices, crypto, or CFDs, offering full flexibility for multi-asset traders.
❓ Can I customize how the indicator looks and works?
Yes. You can change colors, symbol prefixes/suffixes, select a custom start time/date, and define how many bars or candlesticks the indicator uses for its calculations.
❓ Is the data real-time or delayed?
It uses real price quotes (not lagging) to ensure immediate and accurate calculations, helping you catch market moves as they begin.
❓ Can I focus on just one or two currencies on the chart?
Yes. With the “Focus only in this chart” setting, you can display only two currency lines, helping you isolate and monitor specific currency pairs more clearly.
❓ Is this indicator suitable for beginners?
Definitely. Its easy-to-use dashboard, visual divergence arrows, and smart alerts make it beginner-friendly while offering advanced tools trusted by professionals.
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