It monitors the status of the 8 major currencies also Gold and Oil in real time using the data coming from 6 different time frames: This will give you, not only an overview of the currency situation, but also details on how it is performing in the short term as well.

So when for example you see a strong EUR and a weak USD, it means that EUR is strong vs all the other currencies and that the USD is weak versus all the other currencies. This information makes a Long buy trade on EURUSD much more interesting. Simply take the currency or the currencies that are stronger and match with those that are weaker.

CQG FX-Powered Excel Dashboard | CQG News

You can easily spot them as the stronger ones have green histograms while the weaker ones are red. Also, when the score is greater than 80 or lower thanthe text label of the period becomes green or red accordingly.

This can be an interesting entry signal… or at least the first half of it. Now, to be sure, you need another pair that in the same time frame is giving the opposite signal.

FXREL | Excel Forex Dashboard

At this point you forex dashboard excel enter a Long buy OR Short earnest money deposit receipt trade on that pair. Depending on the time frame, you should have different targets ranging from a few pips to whatever works best on the time frame you are trading.

It can be that easy! The strength and weakness of two currencies can easily help you understand the trend of a pair. From the long term to the short term. Remember… the trend is your friend and the best trends come when there is a divergence between two currencies, i.

So all the signals are in real time and not lagging.

Forex Dashboard App is an all in one app indicator! Your email address will not be published. You may use these HTML tags and attributes: This looks very useful.

But after that I may think to port to Windows Mobile as well. Hi Andrea, Any news when your forex dasboard app will be ready for IOS Iphone and Ipad? The reason Forex Dashboard app is not that great for Android is because MT4 Mobile Android does not have tools such as trend line, horizontal lines, etc…. MT4 Mobile IOS version has all the tools for trading. Thanks for your interest.

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Currencies Power In The Palm Of Your Hand. Currencies Power In The Palm Of Your Hand 10 This entry was posted in PimpMyEA on April 26, by Andrea.

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