š Advanced Currency Strength Filtering in Lunexa ā How SSF Boosts Win Rate and Protects Your Capital One of the most underestimated aspects of successful multi-symbol trading is understanding relative currency strength. Most traders enter trades based solely on indicators or price action, without checking which currency is fundamentally stronger or weaker at that moment. … Read more
This post is the user guidelines of Currency Strength Meter for both MT5 & MT4 versions. We use screenshots from MT5 terminal but it’s the same for MT4. I – Overview The Currency Strength Meter is an advanced yet easy-to-use indicator that measures the relative strength of 8 major currencies by analyzing their real-time performance … Read more
A stock with good relative strength simply means that it is performing better than the general market. A stock with poor relative strength means it is under-performing relative to the market. By market, we mean the board stock market in general. The S&P 500 is often used as the benchmark because it consists of 500 … Read more
Trend linesĀ are lines drawn on the historical price levels that predict general direction of where the marking is heading and provide indication of support/resistance. Drawing trend lines is a highly subjective matter. The best test of whether a trend line is a valid one is usually whether it looks like a good line. In an … Read more
Advantages of Using RSI in Forex The popularity of RSI as a forex indicator is a product of its distinct advantages as a research and evaluation tool. Top benefits of using RSI include: It utilizes a simple mathematical formula.Ā Unlike other technical indicators, the math behind RSI is simple enough that traders could do it by … Read more
Trading financial instruments is a constant process of speculation. Knowing when to buy or sell an instrument helps ensure you rake in trading profits. This can be done by using tools that aid in predicting the future movement of the price of a stock.Ā What Is The RSI Indicator The Relative Strength Index, also known … Read more