About Forex Currency Strength Index
For Forex traders - shows a graph of Absolute Currency Strength (Please read http://en.wikipedia.org/wiki/Absolute_currency_strength to understand the concepts). Note: the graph looks much better in the ad-free version....
For Forex traders - shows a graph of Absolute Currency Strength (Please read http://en.wikipedia.org/wiki/Absolute_currency_strength to understand the concepts).
Note: the graph looks much better in the ad-free version.
Set a period (eg M1, M15, D1 etc), a sample (steps of 10), and threshold in %. Get an alert when a currency moves above the threshold for the period and sample you selected.
Same thing when a currency becomes weak, and moves below the threshold.
For example:
Click on 'Alarm Clock' icon, click the plus sign, see a dialog to add an alert.
Set an alert for M1/50/0.2 - that is for 50 samples on the 1-minute chart, at a threshold of 0.2. Provided the markets are open, you should get an alert very quickly, meaning a currency has moved more than 0.2% in the last 50 minutes.
Second Example:
You set an alert for M5/50/2.0. This means you want an alert when a currency increases OR decreases by 2% on the 5-minute chart, relative to a point 50 5-minute periods before (that is 250 minutes).
So, if USD has increased by 3.5%, and NZD has decreased by 2.1%, you get an alert saying "USD/NZD".
Another example:
You set an alert for H1/30/5.0 - 30 samples on the 1-hour chart, and a threshold of 5% (You need a bigger threshold for longer periods)
Say CAD has decreased 6%, but no currency has increased more than 5% (the threshold you set) - you get an alert saying "-/CAD", meaning no rising currency, CAD is falling.
You get alerts at the end of each period - that is, H1 alerts come at the start of each hour, M30 each half hour etc.
Please leave a comment if you do not understand anything, I will try and help.
Alerts are handled through Google Cloud Messaging, not by polling - so an M1 alert will not be battery heavy, as it is not checking every 1 minute - the server does that.
Disclaimer:
Forex trading is risky, and this is just a tool to help you pick entry points as part of an overall trading strategy. I make no promises that you will become rich through using it, and no liability is accepted for any financial damage incurred.
Previous Versions
Here you can find the changelog of Forex Currency Strength Index since it was posted on our website on 2016-10-13 07:01:54.
The latest version is 1.1.8 and it was updated on 2024-04-22 12:42:39. See below the changes in each version.
Forex Currency Strength Index version 1.1.8
Updated At: 2019-12-11
Changes: Remove all calls to advertising APIs.
Forex Currency Strength Index version 1.0.18
Updated At: 2015-05-20
Changes: Fix startup crash on Android 5,Fix ads not showing (sorry..),Fix layout issue where legend was obscured
Disclaimer
Official Google Play Link
We do not host Forex Currency Strength Index on our servers. We did not scan it for viruses, adware, spyware or other type of malware. This app is hosted by Google and passed their terms and conditions to be listed there. We recommend caution when installing it.
The Google Play link for Forex Currency Strength Index is provided to you by apps112.com without any warranties, representations or guarantees of any kind, so access it at your own risk.
If you have questions regarding this particular app contact the publisher directly. For questions about the functionalities of apps112.com contact us.
