Cash Spitting Sensor is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits.
Cash Spitting Sensor indicator measures relative strength of major currencies on the basis of the analysis of 21 currency pairs and shows relative progress of each currency pair, from the starting of the trading day.
It displays a list containing 21 currency pairs. A negative value indicates that the pair is traded below its opening price of the current day, a positive value indicates that the pair is traded above its opening price. The higher the numerical value is, the farther from the maximum or minimum of the current day the price is at the moment.
The indicator also shows all the 8 currencies in the form of a histogram. The higher the column – the stronger the currency; the lower the column – the weaker the currency is.
For the correct calculation of relative strength of major currencies, make sure that you have selected all possible trading currency pairs in the market watch window of your mt4 terminal before attaching the indicator the chart. To do this, right click in the market watch window and select “Show all”.
(downloadable file Cash Spitting Sensor.rar contains Cash Spitting Sensor.ex4 )
Free Download Cash Spitting Sensor forex Mt4 Indicator
How to install Cash Spitting Sensor mt4 indicator in forex trading platform metatrader 4?
Extract the downloaded Cash Spitting Sensor.rar.
Go to “File menu” in Mt4 trading platform and click “open data folder”. Open Mql4 folder and open the indicators folder. Now paste the Cash Spitting Sensor.ex4 file into indicators folder and restart the MetaTrader 4.
Forex Mt4 Indicators Forex Trading Systems Forex Brokers
