money Power Meter shows their strength of important currencies relative to each other. their indicator shows the relative strength of the currency / pair in the current moment for a certain interval of time (H4, day, week, ). It will be useful for intraday traders, swing traders and long-term traders, as it gives the ability to configure the period.

The strength of a currency will be the real reason for a tendency in the market: a pair of the strongest and weakest currencies will have the strongest trend. As you understand, the trend brings money, and traders earn on it.

Have you ever asked yourself why some trades open on a strong signal, but still fail in the end? The reason for this is to get a signal on a particular favorite pair without taking into account the strength of the currency relative to other currencies, which would help to make a better decision. This indicator shows which pair is the strongest and which is the weakest, i.e. which pair has the strongest trend. It also shows which currencies/pairs are neutral, these pairs should not be traded.

• Real-time visual representation of the strength of major currency pairs relative to each other.
• Ability to switch between full mode (shows correlation
  between major currencies) and compact mode (shows only the strength of
  major currencies).
• Ability to switch between the analyzed periods: Day, Week, Month.
• Alert message when the change in the strength of the currency.
• If alerts are enabled, notifications are also sent to email and mobile devices when the currency strength changes.
• The ability to choose a font size that is suitable for your monitor.
• Allows you to freely change the position of the indicator on the chart.

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• The indicator draws a table of major currencies in the center in the form of a gray line in the center, other currencies are displayed at the top and bottom in red and blue columns.
• The strength of each currency is analyzed and compared with the strength of other currencies. The values correspond to certain states:
• Below -5.0: As weak as possible.
• -5.0 to -2.5: Very weak.
• -2.5 to -1.0: Weak.
• From -1.0 to 1.0: Neutral.
• From 1.0 to 2.5 Strong.
• 2.5 to 5.0: Very strong.
• Over 5.0: As strong as possible.
• If the currency is shown in red, it is stronger than the base currency in the specified time period.
• If the currency is shown in blue, it is weaker than the base currency in the specified time period.
• The higher the position (more saturated red), the stronger the currency.
• The higher the position (more saturated blue), the weaker the currency.

• Below -5.0: As weak as possible.
• -5.0 to -2.5: Very weak.
• -2.5 to -1.0: Weak.
• From -1.0 to 1.0: Neutral.
• From 1.0 to 2.5 Strong.
• 2.5 to 5.0: Very strong.
• Over 5.0: As strong as possible.

• The strategy for using this indicator is simple: Find a strong and weak currency with a difference in strength of more than 5. Use this currency pair for trading. Example: the strength of AUD is -3.8, and USD is 2.5 => 2.5 3.8 = 6.3 >> 5 (Sell AUDUSD).
• The best time to trade (intraday): London session (usually trends start and develop in this session).
• The time when it is not worth trading (for intraday trading): the second half of the New York session (at this time, trends usually deplete and reverse, even if the difference between a strong and weak currency is large, just wait until the next day).
• Attention: this indicator analyzes the current price of currencies in real time in the specified time interval, so at the very beginning of the period (day, week, month), currencies are shown as neutral. Over time, the indicators will change, and the beginning of the change also signals that volatility is increasing.

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