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ATRWCSM (ATR Weighted Currency Strength Meter)

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DISCLAIMER:
This cBot is intended to be used for educational purposes only and does not guarantee any particular outcome or profit of any kind. Use it at your own risk.

This version will expire on 2021.09.30 23:59:59 GMT

ATRWCSM (ATR Weighted Currency Strength Meter) is a cBot that uses proprietary algorithms to scan all 28 major currency pairs in the Forex Market to calculate and visualize the current strong and week currencies.

ATRWCSM covers all major currencies USD (US Dollar), CAD (Canadian Dollar), EUR (Euro), GBP (British Pound), AUD (Australian Dollar), NZD (New Zealand Dollar), JPY (Japanese Yen), and CHF (Swiss Franc) 

A currency is weak if the calculated values are NEGATIVE and RED in most of the Timeframes
A currency is strong if the calculated values are POSITIVE and GREEN in most of the Timeframes

The Currency Strength Meter is mostly used as confirmation signal for Buy or Sell Strategies.

Default Setting:
Calculation Period in Seconds : 20

Requirements:
1. cTrader Platform
2. Realtime Forex Data
3. Machine with Core i7 CPU or higher

Now ATRWCSM is Live Streaming:


Please check the link below for a short introduction how to add ATRWCSM to cTrader Platform and use it as a confirmation signal to your trading strategies.

How to download and install ATRWCSM on cTrader Platform

If you are interested in Algo Trading, please visit cTrader website below.
https://ctrader.com/algos
You will get a ALGO (12KB) file
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