It displays the eight currencies individually, giving you endless combinations of trading opportunities from scalping to swing and trend trading in all the various currency pairs. Whilst this concept is simple, its use is sophisticated, and one which you can apply in a variety of ways. In fact four very different, but equally powerful ways, all of which will help you make money, confidently and without emotion:.
You can configure the indicator to your own trading style. Yes, you did read that last sentence correctly.
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You can fine tune the Quantum Currency Strength indicator to your own personal trading style. Think of it like the volume control on your radio. You adjust it to your own personal preference. If you are a scalping trader, simply adjust one of the indicator settings to speed up the indicator.
CSI-FX Review Scores
If you are a swing or trend trader, tweak the controls to slow it down a little — the choice is yours. More control means one thing — more consistency and greater profits.
After all, why buy an indicator that you cannot match to your trading style? It would be like buying a radio with no volume control!!!
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The Quantum Currency Strength indicator works with all MT4 brokers, even those where the currency has a suffix or prefix. It can be applied to both demo and live accounts. Surging yields is the key thing to watch in the market today and while commodities are benefiting from the reflation focus, equities are being hurt as bonds are staring down the barrel of yet another rout to kick start the week.
Currency Strength Indicator (CSI)
Copper is continuing its red hot form but keep an eye out on other precious metals as the early gains may face a reality check with real yields also ticking higher today. If equities start to roll over and risk aversion kicks in, the buy-everything mode in the reflation narrative can easily turn degrees in the other direction instead.
For now, we're not seeing any significant downside extension outside of Chinese stocks but it is a warning signal that investors are heeding caution for the time being. Get the Forexlive newsletter.
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