TMA Currency Meter
TMA Currency Meter is the ultimate currency meter. based on the Triangular Moving Average of all available symbols, this indicator shows which currencies are strong, strengthening, weak or weakening. Experienced as well as novice traders will see the strong and weak currencies in the blink of an eye, and know which trade possibilities to explore further.
TMA Currency Meter is a true Multi Timeframe indicator. It is easy to show the currency strengths for a higher timeframe than the chart timeframe.
The real power of this indicator shows when it is set to display only the currencies of the chart the indicator is attached to. It will show buy and sell signals, as well as the up or down trend.
The currency strengths are processed by a discretionary system to produce signals of strong moving currency pairs. All symbols with a signal are shown.
Besides the currency strenghts TMA Currency Meter shows the TMA Slope of the current symbol. This means extra confirmation signals are shown.
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