CSM installation file. CSM zip file download. Currency Strength Meter is a Forex Indicator that displays an at-a-glance view of what’s going on in the market, right now. It points out the strengths and weaknesses of all the major currencies, so that you can focus on Estimated Reading Time: 1 min Aug 21, · OutputGlobals: if set to TRUE, CSM will also output all current histogram values to Global variables, for use in an EA (as an alternative to outputting the values to a file). The name of each global will be CSM- [UniqueID]- [timeframe]- [currencyID], e.g. CSM Adam Khoo is a professional stock & Forex trader and award-winning financial educator. A self-made millionaire by age 26, he is the founder of the Piranha Profits™ online trading school. As a trusted trading mentor, Adam has clocked more than million views on his video tutorials
CSM MTF Indicator – Forex Winners | Free Download
Currency Strength meter indicators are interesting to many traders and have many uses, not necessarily to enter new positions. CSM csm indikator forex is the work of Aliakbar Kavosi from Iran releasing the first version of CSM in March for the MetaTrader 4 platform and updated it twice in lategiving the indicator a new code and better symbols integration with various brokers.
This author is the owner of 18 published products on the MQL5 market without significant attention from the users. CSM is not free but seems to do other Currency Strength meters do, just with a small deviation.
This indicator combines two methods of calculation the currency strength, Absolute currency strength ACSand Csm indikator forex currency strength RCS. CSM is further extended with the option to select symbols on majors or minors with the addition of Bank for International Settlements BIS factor.
It is not very clear what this factor affects but it is meant to adjust the currency values to represent more valid data, csm indikator forex. On the other hand, it is not for low timeframe scalpers, the data that this indicator is presenting in the window is too messy and unreliable in lower timeframes. Reliability is adequate at H1 and higher. Other uses are just filtering for both trend confirmation or following, for example, enter only sell position for currencies getting weaker or when csm indikator forex currency is in the set oversold range.
The zero line can also be a factor for this purpose. BIS reporting could be a good addition to this indicator although the real value is expressed on how effectively it can be used. We have noted that the developer may not have extensive experience in trading, some sources on the Relative currency strength RCS published on the Overview page is from Wikipedia.
org, which is not professional or specialized for Forex, especially for indicators. Providing suck csm indikator forex to the indicator Overview page is not a good sign, the author may lack practice and builds indicators based purely on theories. This fact reflected on the CSM popularity. CSM will show a histogram and the currency lines chart, csm indikator forex.
The Strength readings vary from 0. A value of 9. They will be automatically sorted to help traders find the strongest one easily. In RCS mode, CMS shows the strength of 8 major forex currencies, while in ACS mode the range is extended to non-majors. The settings panel will allow all this to be set, additionally visuals and toggles for each currency line, etc.
CSM code is EA friendly according to the author. Probably the most interesting about this one is the mixed modes, Absolute currency strength ACSand Relative currency strength RCS with the addition of the BIS filtering factor. How useable is all this is unknown, there are no reviews by the MQL5 users. The two published comments are just not enough. It is recommended to try CSM before anything, especially if you are a trend following or reversal trader cautious about the fundamental analysis.
Save my name, email, and website in this browser for the next time I comment. About Us Advertise With Us Contact Us. Forex Academy. Home Forex Service Review CSM Currency Strength Meter Indicator Review. RELATED ARTICLES MORE FROM AUTHOR, csm indikator forex. DowJones Supertrend H1 Trading Robot Review. Big Breakout EA Robot Review. LEAVE A REPLY Cancel reply.
Please enter your comment! Please enter your name here. You have entered an incorrect email address! Popular Csm indikator forex. Forex Chart Patterns Might Be an Illusion 4 September, Chart Patterns: The Head And Shoulders Pattern 16 January, csm indikator forex, Samtrade Csm indikator forex Review 26 March, Academy is a free news and research website, offering educational information to those who are interested in Forex trading.
EVEN MORE NEWS, csm indikator forex. Understanding the Economics of Cryptocurrencies 13 June, csm indikator forex, Trading Reversals Using Bullish Reversal Candlestick Patterns 12 June, Using Bollinger Bands to Csm indikator forex the Rectangle Pattern 11 June, POPULAR CATEGORY Forex Market Analysis Forex Brokers Forex Service Review Crypto Market Analysis Forex Signals Forex Cryptocurrencies Academy - ALL RIGHTS RESERVED.
The Most Powerful Forex Trading Indicator by Adam Khoo
, time: 25:56CSM Meter Indicator ~ Forex Trading Indicators
Apr 04, · Equity. $ Eq. Credit. $ Cr. Ref Point. P Rf. Hai Guys. Today I'm sharing the profitable indicators and I will sure % power full Aug 21, · OutputGlobals: if set to TRUE, CSM will also output all current histogram values to Global variables, for use in an EA (as an alternative to outputting the values to a file). The name of each global will be CSM- [UniqueID]- [timeframe]- [currencyID], e.g. CSM Jul 24, · It is to do with the Fonts, you will need to download into your fonts folder. See post #1 FontName: used for plotting the histograms, this should be either CSM or Placard MT Condensed, which are available in the Fonts folder in the zip file. For help with installing fonts, see blogger.com histogram is actually the letter 'I' repeated many times, after having been rotated onto its side
No comments:
Post a Comment