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Introducing
MQLPRO MSFI Indicator:
The market
strength index fundamental Index indicator calculates the market strength index of the
instrument.
When betting
on horses to win races ,we look at the speed ,strength and form of the horse and place
bets on the horse we think is most likely to win.
Successful forex trading
requires buying the strongest
currencies and selling the weakest currencies.
The market strength
Fundamental index indicator calculates
market strength every minute on metatrader.
If a trader was to calculate market
strength every minute he would not
be able to concentrate on trading and may also get exhausted very quickly.
This new
indicator gives the manual trader an edge. They calculate the strength using
almost 25 different sets of
criteria for entering and exiting trades.
Unlike standard indicators which use
lagging moving averages ,the MSI range of indicators use chart
patterns, candlesticks, price action and moving averages.
In addition there is an
option available for adding fundamental analysis/bias to the indicator. The
values of the indicators can show the fundamental bias in the indicator
readings.
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