Currency Meter

📊 Visualizes the strength and weakness of all major currencies
🔔 Helps identify profitable trading opportunities
🖥️ Free, multi-timeframe, and beginner-friendly
💻 Compatible with MT4 platform

The Currency Meter Indicator for MT4 is a powerful and free tool designed to help Forex traders quickly gauge the relative strength and weakness of currencies in the market. By providing a clear visual representation, this indicator allows traders to make informed decisions on potential entries and exits.

Key Features:

  • 🔹 Currency Strength Analysis: Measures the relative strength of each currency against others using advanced calculations including moving averages, momentum, and oscillators.

  • 🔹 Market Trend Overview: Provides insights into the overall market trend and current volatility.

  • 🔹 Customizable Display: Offers flexible settings for currency pairs, timeframes, and visual layout to match any trading style.

  • 🔹 Multi-Timeframe Support: Works on all timeframes, suitable for scalping, intraday, and swing trading.

  • 🔹 Easy to Use: Displays relative currency strength in a chart format, making it simple to identify the strongest and weakest currencies.

Benefits for Traders:

  • Identify Strong vs. Weak Currencies: Quickly spot opportunities by analyzing relative currency strength.

  • Optimize Trade Entries and Exits: Make better trading decisions with clear visual signals.

  • Enhance Risk Management: Understand market conditions to avoid unfavorable trades.

  • Versatile for All Traders: Ideal for beginners, intermediate, and advanced traders.

The Currency Meter Indicator MT4 is an essential tool for traders seeking an edge in the Forex market, helping them to maximize profits and trade with confidence.

Input Settings & Controls

Window / Table Settings

  • CurrenciesWindow Below Table → Position of the currency display window relative to the data table.

  • ShowCurrencies → Toggle to display currencies.

  • ShowCurrenciesSorted → Toggle to display currencies sorted by strength or another metric.

  • Show Symbols Sorted → Toggle to display currency symbols in sorted order.

Symbol Settings

  • SymbolPrefix → Prefix added to currency symbols for display or identification.

  • Dont Show ThisPairs → List of currency pairs to exclude from display.

Background & Text Colors

  • Handle Back GroundColor → Background color of the handle or control element.

  • Data Table BackGroundColor_1 / Data Table BackGroundColor_2 → Alternating background colors for table rows.

  • Currencys Back GroundColor → Background color of the currency display area.

  • Handle TextColor → Text color for the handle or control element.

  • Data Table TextColor → Text color for table content.

  • Currencys TextColor → Text color for currency names or values.

Trend Arrow Colors

  • TrendUpArrowsColor → Color for arrows indicating an upward trend.

  • TrendDownArrowsColor → Color for arrows indicating a downward trend.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

Risk Disclaimer

  • TrendCharts.in and its associated products, services, software, and tools do not provide any offer or solicitation to buy or sell securities, futures, forex, commodities, or derivatives.
  • We are not SEBI Registered Investment Advisors or Research Analysts.
  • All materials are strictly for educational, informational, and paper trading & help in analysis purposes only.
  • We do not provide advice for Real Money Trade, tips, buy/sell recommendations, or investment strategies.
  • TrendCharts is solely involved in the development, sell, resale, and distribution of financial market software, datafeeds, indicators, scanners, and tools.
  • All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
  • Users may utilize the software and tools for paper trading or strategy evaluation only.
  • If users apply our offerings to actual trading (knowingly or unknowingly), TrendCharts.in or its stakeholders bear no responsibility for any profit or loss.
  • Any such use is at the user’s sole discretion and risk.
  • We explicitly disclaim liability for any financial loss, trading loss, or damages resulting from:
  • Use of our software, tools, or services.
  • Decisions made based on any charts, indicators, AFLs, data, or analysis from our products.
  • All market data and content provided are subject to delays, inaccuracies, or errors.
  • Past performance (actual or hypothetical) is not indicative of future results.
  • Hypothetical or backtested performance may not reflect the impact of actual market conditions.
  • Trading and investing involve substantial financial risk and can result in loss of capital beyond the initial investment.
  • Users must use individual discretion and independent judgment while interpreting signals, strategies, or chart setups.
  • Automated signals or scanners are tools for evaluation—not trading instructions.
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  • Before making any financial decisions, consult with a licensed financial advisor or SEBI-registered professional.
  • Do not rely solely on any information presented on our site for actual trades.
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  • Any user testimonials are individual opinions and may not represent the typical user experience.
  • Hypothetical performance results involve inherent limitations and should not be relied upon for real-money decisions.
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  • All content—charts, indicators, tools, or data—is designed for testing, analysis, and learning.
  • No real-money trading or investment recommendations are provided or supported.

⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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