Strength candles v3.0 - is an indicator that displays the power purchase and power sales by timeframes. It controls the state on the same graph 7 and the "core" of timeframes in real time. With incoming data to 7 timeframes: from 1 minute to 1 day chart "shows" the power of buying and selling each timeframe.
This gives not only a review of the current situation with the timeframe and details of how they vary in the short term. The strength and weakness of the estimated 0% to 100%. The calculation of the buying and selling price is determined by the opening on closing prices on the maximum and minimum price.
Analyzing each timeframe, we can choose the best signal to enter the market. Choose the strongest signal to buy or a strong sell signal. It is easy to see: buy signals are green histogram and sell signals - red.
Each timeframe from 1 minute to 1 day summed and displayed in the general information for the buying and selling as a percentage.
The algorithm of the Strength candles v3.0 analyzes 7 timeframes. He does not use any or other indicators (moving averages, RSI, etc.), so that all the signals - in real time.
Includes 5 more indicators this indicator is similar to working Strength candles v3.0 (only on the basis of CCI, RSI and Stochastic). Indicator 1 v3.0 Strength currency controls 28 currency pairs in real-time. The strength of the currency is estimated from 0 to 100, and calculated with all 28 currency pairs. Ie when, for example, you see a strong EUR and a weak USD, it means that the EUR currency strong against USD. Analyzing each currency, we can choose the best pair to trade. Just make a currency which include the strongest and weakest signals. Indicator 2 v3.0 Strength currency controls 28 currency pairs + GOLD - SILVER.
Also indicators Strength candles v3.0, Strength candles CCI v3.0, Strength candles RSI v3.0, Strength candles Stochastic v3.0 can be placed on the chart with different currency pairs. In the setting of indicators, simply enter any currency symbol and shift indicator horizontally or vertically.
You can only trade on Strength candles v3.0, or (even better) to integrate it into your trading system and it will help you decide when to buy or sell currency.