Currency Strength Meter Forex trading tool traders
by: FXLabsPlus Technologies LLC • 1.1K
Currency Exchange Forex trading Strength Meter
Currency Heatwave forex trading tools is a financial markets app that focuses on the forex traders tools and parameters that are important for trading as much as the basic movement of the Forex Exchange Instruments itself. These complex parameters are simplified in a graphical format to help traders in split decision making on buying or selling currencies.
The app has 5 screens covering 4 important aspects of trading that is Currency Strength, Volume, Volatility and Sentiment.
This screen projects the currency strength meter in an innovative fashion.The live pie chart movements projects currency strength and weakness in one glance. The expanded portion shows strength and contracted portion shows the weakness. The strongest currency is denoted by green arrow and the weakest currency is denoted by the red arrow.
This screen shows the strength and weakness of the currencies in meter format.The extreme green is maximum strength and extreme red is maximum weakness.
This screen projects the highest to lowest volume of the currencies in cylindrical volume format. The highest and lowest volume denotes the maximum and least contracts traded for the currencies at the particular moment.The green arrow denotes the highest volume from the lot and red arrow denotes the least volume from the lot.
This screen projects the highest and lowest volatility of the currencies in the Yo-Yo format. The highest and lowest volatility denotes the maximum and least volatility movements for the currencies at the particular moment.The green arrow denotes the highest volume from the lot and red arrow denotes the least volume from the lot.
This screen shows the bullish and bearish sentiment for the particular currency at the particular moment. The bull sentiment more than 50% shows bullish or upward acceleration bias and bear sentiment more than 50% shows bearish or downward acceleration bias.