The All USD Pairs Trend Strength indicator for Metatrader 4 measures trend strength for USD included currency pairs.
It tracks trend strength for the following major pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY, USD/CAD.
The indicator is a valuable tool and gives you an idea on what currency pairs to focus.
It’s recommended to combine this indicator with an existing trading strategy or with price action.
Free Download
Download the “all-usd-pair.mq4” indicator for MT4
Indicator Example Chart (EUR/USD Daily)
How to trade with it (example)?
Focus on pairs with good trend strength and use your own trading strategy to execute the buy or sell trade.
Feel free to use your own favorite trading method to open and close trades with the All USD Pairs Trend Strength indicator.
Indicator Specifications
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY, USD/CAD, color settings & style
Indicator type: trend
Repaint? Dynamically updates all trend strength values.
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Download the “all-usd-pair.mq4” indicator for Metatrader 4
Usage:
Works for any trade style: scalping, day trading and swing trading .
The All USD Pairs Trend Strength Forex indicator works best when combined with a trend trading strategy.
Installation:
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the all-usd-pair.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.