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Suggestion Performing forex tool no DDl

Discussion in 'Indicators dan Tools' started by miho44, 12 Jan 2024.

  1. Narutopips

    Narutopips Member Credit Hunter

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    1. on the 3rd quadrant, EURUSD IS above the zero line in the positive, it then means USD WILL BE WEAK, and EUR pairs will be strong. so u go to the left quadrant and pick a pair to trade. (you need a good strength indicator to filter the pairs) so it means throughout that day euro pairs would be strong.

    2. the strength of my currency meter reads like this, from the strongest to the weakest. NZD GBP, CAD, AUD, EUR, USD, CHF, JPY, . CHF Is the weakest and NZD Is the strongest. Now if u take a look at the first two strongest and the last two weak pairs, u would notice that on the chart they are both on the middle line with no clear direction. that is GBPNZD and CHFJPY These two pairs are still in the middle line, which is a confirmation of their respective strength. which you can decide to use as an advantage for your trading.
     
  2. Narutopips

    Narutopips Member Credit Hunter

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    So you can no see that the real strength goes to GBP instead of NZD, and the biggest weakness to CHF. so using this tool can correct the reliability of your strength indicator. i am still studying this indicator
     
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  3. Narutopips

    Narutopips Member Credit Hunter

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    Chat me up if you were able to get it done
     
  4. Nhyira

    Nhyira New Member

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    How did you get the tool to fully fit on the chart like that? The tool doesn't display all 28 pairs on my chart due to my maximum resolution of 1280x900..
     
  5. bobbythomas

    bobbythomas Member Credit Hunter

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    I am still studying the tool... will update soon.
     
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  6. Nhyira

    Nhyira New Member

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    Could you please guide on how you were able to adjust the tool to get all 28pairs displayed on the chart? Those of us with limited maximum screen resolution aren't getting all 28pairs displayed...
     
  7. bolle

    bolle New Member

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    Press F11 to use Fullscreen in MT4. This fixed it for me.
     
  8. Nhyira

    Nhyira New Member

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    Thank you for the suggestion.. but I actually tried that already.. it didn't work for me.
     
  9. dascore

    dascore Member Credit Hunter

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    I had a currency meter opened side by side to compare the pairs identified as positive and negative.

    RESULT: The Currency meter identified the same pairs that were positive and negative in strength and were ranked accordingly to their strength. The pairs identified were EXACTLY the same as those identified by the Performing Forex Tool. The only difference is that the forex tool separates the pairs into Quadrants 1 and Quadrant 2 with EURUSD as the base pair in Quadrant3. This confirms the tool is working like a strength meter, and I quote our member bobbythomas " Nothing more nothing less".
     
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  10. Ignacio Pascua

    Ignacio Pascua New Member

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    • Like Like x 1
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  11. forexdj

    forexdj New Member

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    Great tool. I find it useful even without any other indicator.
     
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  12. Maik972

    Maik972 New Member Credit Hunter

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    смотрю . вроде понимаю. потом смотрю и не понимаю. научите кто понял пожалуйста
     
  13. Narutopips

    Narutopips Member Credit Hunter

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    Эй, вы можете ознакомиться с моим объяснением, это очень легко и очень просто в использовании.
     
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  14. dascore

    dascore Member Credit Hunter

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    upload_2024-2-15_8-47-1.png
    POSSIBLE BUG IN DISPLAY- HAPPENED ONLY TODAY. The chart displayed is incapable of being scrolled down to show the blue line today. Not being able to know the location of the blue line and its maximum reached is risky to trading decisions. Any friends noticed this today and do you have a possible workaround solution? Sizing of fonts and fixing the scaling did not help fixed the issue. Thanks.
     
  15. dascore

    dascore Member Credit Hunter

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    The bug continues today- see note on chart. The chart for London session below:
    upload_2024-2-15_21-34-46.png
     
  16. bobbythomas

    bobbythomas Member Credit Hunter

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    I have the same error. However I saw after some time it fix itself.
     
  17. dascore

    dascore Member Credit Hunter

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    Hi guys,

    Following up the feedback that this tool is very much like a currency meter, I found a very similar thread by member Mutenext under his thread "My scalping trade" which throws a lot of light related to the use of this tool which is very useful. Hope this may interest those who wanted to know more. Cheers.
     
  18. bobbythomas

    bobbythomas Member Credit Hunter

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    On this forum? (Can you link the thread?)
    thanks
     
  19. dascore

    dascore Member Credit Hunter

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  20. Narutopips

    Narutopips Member Credit Hunter

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    Don't trade blindly. CSM or this tool will only give u 10% advantage, the rest depends on you having a good system that you can determine it's trend.
     
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