1/6
Forex Currency Strength Index screenshot 0
Forex Currency Strength Index screenshot 1
Forex Currency Strength Index screenshot 2
Forex Currency Strength Index screenshot 3
Forex Currency Strength Index screenshot 4
Forex Currency Strength Index screenshot 5
Forex Currency Strength Index Icon

Forex Currency Strength Index

Philip Blandford
Trusted
1K+Downloads
3MBSize
Android Version Icon4.2.x+
Android Version
1.1.8(09-07-2020)Latest version
-
(0 Reviews)
Age ratingPEGI-3
DetailsReviewsVersionsInfo
1/6

Description of Forex Currency Strength Index

For Forex traders - shows a graph of Absolute Currency Strength (Please read http://en.wikipedia.org/wiki/Absolute_currency_strength to understand the concepts).


Note: the graph looks much better in the ad-free version.


Set a period (eg M1, M15, D1 etc), a sample (steps of 10), and threshold in %. Get an alert when a currency moves above the threshold for the period and sample you selected.


Same thing when a currency becomes weak, and moves below the threshold.


For example:

Click on 'Alarm Clock' icon, click the plus sign, see a dialog to add an alert.

Set an alert for M1/50/0.2 - that is for 50 samples on the 1-minute chart, at a threshold of 0.2. Provided the markets are open, you should get an alert very quickly, meaning a currency has moved more than 0.2% in the last 50 minutes.


Second Example:


You set an alert for M5/50/2.0. This means you want an alert when a currency increases OR decreases by 2% on the 5-minute chart, relative to a point 50 5-minute periods before (that is 250 minutes).


So, if USD has increased by 3.5%, and NZD has decreased by 2.1%, you get an alert saying "USD/NZD".


Another example:


You set an alert for H1/30/5.0 - 30 samples on the 1-hour chart, and a threshold of 5% (You need a bigger threshold for longer periods)


Say CAD has decreased 6%, but no currency has increased more than 5% (the threshold you set) - you get an alert saying "-/CAD", meaning no rising currency, CAD is falling.


You get alerts at the end of each period - that is, H1 alerts come at the start of each hour, M30 each half hour etc.


Please leave a comment if you do not understand anything, I will try and help.


Alerts are handled through Google Cloud Messaging, not by polling - so an M1 alert will not be battery heavy, as it is not checking every 1 minute - the server does that.


Disclaimer:


Forex trading is risky, and this is just a tool to help you pick entry points as part of an overall trading strategy. I make no promises that you will become rich through using it, and no liability is accepted for any financial damage incurred.


Forex Currency Strength Index - Version 1.1.8

(09-07-2020)
Other versions
What's newRemove all calls to advertising APIs.

There are no reviews or ratings yet! To leave the first one please

-
0 Reviews
5
4
3
2
1
Info Trust Icon
Good App GuaranteedThis app passed the security test for virus, malware and other malicious attacks and doesn't contain any threats.

Forex Currency Strength Index - APK Information

APK Version: 1.1.8Package: org.philblandford.currencystrengthindex
Android compatability: 4.2.x+ (Jelly Bean)
Developer:Philip BlandfordPermissions:7
Name: Forex Currency Strength IndexSize: 3 MBDownloads: 19Version : 1.1.8Release Date: 2020-07-09 20:31:00Min Screen: SMALLSupported CPU:
Package ID: org.philblandford.currencystrengthindexSHA1 Signature: FA:4B:24:DD:78:63:B0:33:B1:AF:31:08:90:3A:6C:F6:1C:80:7E:22Developer (CN): Philip BlandfordOrganization (O): Local (L): BristolCountry (C): UKState/City (ST):

Latest Version of Forex Currency Strength Index

1.1.8Trust Icon Versions
9/7/2020
19 downloads3 MB Size

Other versions

1.1.5Trust Icon Versions
9/12/2018
19 downloads3.5 MB Size
Apps in the same category
You may also like...