The Currency Meter Indicator is a powerful and useful tool for Forex traders. It is a popular and free indicator for the MetaTrader 4 (MT4) trading platform. The indicator displays the strength of a currency relative to other currencies in a chart format. It can be used to identify the strongest and weakest currencies in the market and make informed decisions on when to buy and sell. The Currency Meter Indicator works by measuring the relative strength of each currency against the other. It uses a variety of indicators such as moving averages, oscillators, and momentum indicators to calculate the strength of each currency. The indicator then displays the relative strength of each currency in a chart format. This makes it easy to identify the strongest and weakest currencies in the market. The Currency Meter is a popular and powerful indicator that can help traders identify potential trading opportunities.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2023/04/Currency-Meter-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/04/Currency-Meter-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/04/Currency-Meter-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/04/Currency-Meter-screenshot-3-230x144.png)
Currency Meter
The Currency Meter Indicator is a popular and free Forex indicator for MT4 that is useful for traders of all levels. This indicator helps traders to identify the strength and weakness of the currencies they are trading. It also provides an overview of the market trend, the current volatility, and the relative strength of the currencies. The Currency Meter Indicator is highly customizable and can be used to identify the best entry and exit points. With this indicator, traders can easily identify the best opportunities in the Forex market and make profitable trades.
Timeframe | |
---|---|
Platform |
0
People watching this product now!
Category: Helpers
Downloads - 62
Description
Reviews (0)
Be the first to review “Currency Meter” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
B-Clock Modified
The modified b-clock indicator is a popular and useful MT4 tool for forex traders to help them determine the start and end of trading sessions. This indicator works by displaying the time remaining until the close of the current candle, which can be useful for traders who want to time their trades based on market activity during certain trading sessions. Due to its popularity in the forex trading community, this indicator has become an essential tool for many traders looking to gain an edge in the market.
Candlesticks Pattern
The Candlesticks Pattern Indicator is a useful MT4 tool for Forex traders. The indicator works by scanning the market for different candlestick patterns, such as the Doji, Hammer and Shooting Star, and then displaying the patterns on the chart. With the Candlesticks Pattern Indicator, traders can quickly and easily identify potential trading opportunities, making it a valuable tool for anyone looking to make successful trades in the Forex market.
Br RSI Multi Signal Scanner
The BR RSI Multi Signal Scanner Indicator is a useful and popular free Forex indicator for MT4. This indicator is designed to help traders identify profitable trading opportunities in the Forex market by scanning multiple time frames and displaying the Relative Strength Index (RSI) in a single chart. The indicator also provides entry and exit signals based on the RSI readings.
Bar Timer
The Bar Timer Indicator is a free and popular Forex indicator for MetaTrader 4 (MT4) that can be used to monitor the opening and closing times of the different Forex markets around the world. The indicator displays the opening and closing times of all the major Forex markets in the world, including the London, New York, Tokyo and Sydney markets. It also shows the current time and the time left before the next market opens or closes. The indicator is easy to use and can be set up to display the time in the user's local time zone.
Time Zone
The Time Zone Indicator is a new and popular forex indicator available for free on MT4 platform. This indicator is designed to help traders easily identify the time in different markets and time zones around the world. The indicator can display up to four different time zones on the chart and can be customized according to the user's preferences. The Time Zone Indicator is easy to install and use, making it a valuable tool for traders who need to keep track of market hours and trading sessions across different time zones.
Trend DashBoard
The Trend Dashboard Indicator is a powerful MT4 tool for forex traders who want to keep track of multiple currency pairs and timeframes on one chart. The indicator uses a dashboard to display the trend direction and strength for different currency pairs and timeframes. It also includes an alert feature that can notify traders of potential trading opportunities. With this indicator, traders can save time and stay on top of market trends, allowing them to make informed trading decisions.
P4l Candletime
The P4L CandleTime indicator is a popular tool for forex traders and is available for free on the MT4 platform. The P4L CandleTime indicator works by tracking and displaying the open and close of candles and can be configured to display different time frames depending on the trader's preference. It is a simple and effective tool that both beginners and experienced traders can use to improve their trading strategies.
Winprofit80 V2
The WinProfit80 v2 Forex indicator is a popular and free MT4 indicator that is useful for Forex traders. It is designed to help traders identify and capitalize on profitable trading opportunities in the Forex market. The indicator works by analyzing the market and providing traders with signals when there are high-probability trading opportunities. It looks for trading opportunities based on price action, trend direction, and momentum. The signals generated by the indicator can be used to enter or exit trades. The WinProfit80 v2 Forex indicator is a great tool for traders looking for an easy and efficient way to trade the Forex market.
Reviews
There are no reviews yet.