Institutional Forex Meter

M-Apps

Contains ads

About this app

The Forex Strength Meter measures the decorrelated and normalized strength of the major currencies USD (US Dollar), CAD (Canadian Dollar), EUR (Euro), GBP (British Pound), AUD (Australian Dollar), NZD (New Zealand Dollar), JPY (Japanese Yen), and CHF (Swiss Franc). Each currency is shown over a selectable time period (today, last 24 hours, this week, this month, this year, ...).

Forex strength can be used for instance for trading strong/weak pairs (to maximize profits due to volatility or ranges), divergences, etc.

Ratings and reviews

The developer of this app you programmed this app to display strength of pairs using the 15 minute charts...so if you enter a trade hoping to hold long....be careful...I learnt the hard way....its only after comparing data with our tools that I realized that it was displaying data for 15 minute charts...at times it will display data from a daily chart but that's just a glitch in the app...it doesn't happen every day...I only got to notice this glitch when I realized the inconsistent of the data

Great app indeed. Though I think the timeframes on the app should b adjusted: instead of using 'today','last 24hrs','this week' etc timeframes like 5mins,30mins,1hr,1D etc shd be used so one can have a more balanced view of trading timeframe. Thanks. Would have given 5 stars if they used normal timeframes. I do hope this would be looked into when the app is updated in future. Thanks.

Simply stunning, although the developer should be aware that some of the colours are not visible on the white background, the yellow for NZD is not clear enough.

What's new

Bug fixes