Confirm the buy trade with additional analysis tools. Signals from the Currency Slope Strength MT4 forex indicator are easy to interpret and goes as follows:īuy Signal: Buy a currency pair that is made up of a strong UP trending currency (steep slope) versus a weak DOWN trending currency. ![]() The GBP/USD 1-Hour chart below displays the Currency Slope Strength Metatrader 4 Forex indicator in action. Next is to trade currency pairs which are made up of a strong trending currency versus a weak currency.ĭownload the “ currency-slope-strength.mq4 ” MT 4 indicator They represent strong trending currencies. Look for currencies with a steep slope (above 0.80 and below -0.80). ![]() The Currency Slope Strength forex indicator for Metatrader 4 calculates and displays the slope for the following currencies: USD, EUR, GBP, JPY, AUD, NZD, CAD and CHF.
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