MT5 currency strength indicator in action
https://youtu.be/CVV1hQegI-Q
MT5 Currency Strength Indicator in Action
The MT5 Currency Strength Indicator (CSI) is a powerful tool for forex traders. It ranks major currencies by relative performance in real time. This reveals market dynamics quickly. Quantum's CSI on MT5 updates live. It helps spot trends, ranges, and reversals early.
In this video, we show the Quantum Trading MT5 currency strength indicator in action, and focus in particular on the Japanese yen. This has been the ' go to' currency for the last few weeks as risk on and risk off sentiment has ebbed and flowed intraday, and reflected particularly in the yen cross pairs.
In this example, we have the 15-minute chart for NZD/JPY, with the currency strength indicator providing all the clues and signals for this strong trend higher: the New Zealand dollar is being bought strongly, and the Japanese yen is being sold equally strongly. The currency strength indicator is now available for both MT4 and MT5 platforms. You can find all...