A simple and highly effective Strength and Weakness currency indicator that can be used to aid your fundamental and technical analysis for winning trade decisions.
The indicator is very easy to use and can be applied to all time frames.
FX Tiger uses an advanced algorithm to calculate a score table for all major currencies. Each major currency will have a score from 7 to -7. A score of 5 and above indicates currency strength and a score of -5 and below indicates currency weakness.
Once you have identified the strong and weak currencies, pair strong versus weak currencies and combine this information with your fundamental and technical analysis to place winning trades!
You can contact the author with any feedback or questions at: ben@tradeandtrain.com
https://tradeandtrain.com/tools-indicators/
The indicator is very easy to use and can be applied to all time frames.
FX Tiger uses an advanced algorithm to calculate a score table for all major currencies. Each major currency will have a score from 7 to -7. A score of 5 and above indicates currency strength and a score of -5 and below indicates currency weakness.
Once you have identified the strong and weak currencies, pair strong versus weak currencies and combine this information with your fundamental and technical analysis to place winning trades!
You can contact the author with any feedback or questions at: ben@tradeandtrain.com
https://tradeandtrain.com/tools-indicators/