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This indicator watches the major currency pairs to find the status of the current candle (Bullish or Bearish) of USD, EUR, and GBP compared to other currencies such as EUR, JPY, GBP, CHF, AUD, and CAD.
For example, if all boxes in the USD row are red that means the current candle of the USD is weak or bearish against all other major currencies at the moment. The same method can be used to analyses the candles of GBP and EUR. The column are read in opposite.
For example, if all boxes in the CHF are green this means CHF is bearish against EUR, GBP and USD. The best use of this indicator when combined with other indicator such as moving average, Bollinger Bands, Support and Resistant levels.
How to install Multi currency pair Indicator – indicator for MetaTrader 4.mq4?
Download Multi currency pair Indicator – indicator for MetaTrader 4.mq4
Copy Multi currency pair Indicator – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your MT4 indicators
Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
Right click on Multi currency pair Indicator – indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator Multi currency pair Indicator – indicator for MetaTrader 4.mq4 is available on your Chart
How to remove Multi currency pair Indicator – indicator for MetaTrader 4.mq4 from your Metatrader Chart?
Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
"Indicators list"
Select the Indicator and delete
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