This indicator calculates the strength of the main currencies (EUR, USD, CAD, GBP, CHF, NZD, USD, JPY) and shows the 4 strongest currency pairs that currently have a high-probability trend for a day or week.
- The indicator displays 8 currency pairs with the trend direction (for example, “EURUSD-DOWN”) and a strength rating, where 1 is the strongest. 4 pairs are displayed for the intraday period and 4 pairs for the weekly period
- If a currency pair is present in the top four for an intraday period, it has a high-probability trend for the day
- If a currency pair is present in the top four for a weekly period, it has a high-probability trend for the week
- If a currency pair is simultaneously present in the top four for an intraday and weekly period, this is a stronger signal that a high-probability trend is observed on it