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Multi currency pair Indicator

Multi currency pair Indicator

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Author:


The author is researcher who is studying the stock and FX market for research purpose. The indicator has been tested extensively on historical data, but there is no guarantee past performance will be indicative of future results.
Description:


This indicator watches the major currency pairs to find the status of the current candle (Bullish or Bearish) of USD, EUR, and GBP compared to other currencies such as EUR, JPY, GBP, CHF, AUD, and CAD.

For example, if all boxes in the USD row are red that means the current candle of the USD is weak or bearish against all other major currencies at the moment. The same method can be used to analyses the candles of GBP and EUR. The column are read in opposite.

For example, if all boxes in the CHF are green this means CHF is bearish against EUR, GBP and USD. The best use of this indicator when combined with other indicator such as moving average, Bollinger Bands, Support and Resistant levels.
Image:

MCP.JPG
Author
Salvador
Downloads
2
Views
84
First release
Last update
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