Forex strength meter review

Like Accustrength, the Forex Strength Meter has been around for a while now. It was first released by QM4 Designs back in But things have changed.

FOREX STRENGTH METER | Unbiased Digital Product Reviews | SCAM or LEGIT?

Some traders even mirror their mobile trading apps display on their trading desktop computer, using 3rd party products like AirServer. We've found this data feed to be very reliable. So far we have never experienced any outages. This might be because this product can switch to backup data feeds if the main one is unavailable for whatever reason.

This App is surprisingly quick.

This is important for traders who trade using very small time-frames. In this display mode, the strength of each currency is graphically represented by a bar on a scale of 0 weakest to 10 strongest. In addition, the strongest and weakest currencies at any point in time are highlighted in real-time with a green and red highlight respectively. The bar chart display also has a history slider feature, similar to the slIder feature on Accustrength.

Moving this slider to the right, allows historical data to be viewed on the bar chart. We've found that the bar chart display is more useful than the line chart when viewing data on lower time-frames, just because it makes it easier to see rapid fluctuations in currency strength values.

Each currency is displayed on a line chart with a vertical scale of 0 weakest to 10 strongest. Like Accustrength, it's possible to display any combination of currencies. This is done by simply tapping on the currency label on the chart. The chart also has a basic zoom feature, activated by double tapping the screen. The vertical and horizontal grid lines are also customisable by tapping over the chart axes.

The Forex Strength Meter supports 8 currencies: USD, EUR, JPY, GBP, CHF, CAD, AUD and NZD.

The standard App supports 4 Time-Frames: Time-frames shorter than this can be a bit noisy, and are really designed for very short term traders e. This allows you to adjust the time-zone to match your trading charts display.

Forex Strength Meter for iOS - Free download and software reviews - CNET yyizibily.web.fc2.com

Then the currency strength time axis will match your trading charts. Any support questions can be sent from within the App. This is a once off cost and guarantees free updates for the life-time of the product, and life-time access to the data server.

You can also install the App on multiple devices. The Data Booster Pack, is an optional subscription feature designed for traders who need even faster data updates and lower time-frames i. This feature adds 2 extra time-frames - 15 minute M15 and Hourly H1. In addition the already fast data refresh rates are increased by a further times.

But if you need something even faster, and with even lower time-frames, then this option is for you. Purchasing a subscription is done from within the App, as an In App Purchase. The App tells you how much time is left on the subscription.

Importantly you can share your Data Booster Pack subscription on all of your IOS devices using a common login.

We can see why this product has become popular. Overall Accustrength has more features, but the Forex Strength Meter does have some unique features that even Accustrength lacks such as:.

If you want a quality currency strength meter, with fast accurate data and don't mind using an IOS device on your trading desk or mirroring your iPhone display on your desktop computer, then this is the App for you.

Currency Strength Meter — Trader's Guide A guide to help Forex traders find the best currency strength indicator for their trading needs. Skip to primary content. Skip to secondary content.

Home Top 4 Currency Strength Meters Accustrength by Tom Yeomans Forex Strength Meter — Desktop Version Forex Strength Meter — iPhone Version Fx4Caster Compare Important Features Accuracy Data Server Reliability Platform Free versus Premium About Us.

Forex Strength Meter by QM4 Designs. Support Any support questions can be sent from within the App.

Data Booster Pack Feature Optional Extra The Data Booster Pack, is an optional subscription feature designed for traders who need even faster data updates and lower time-frames i. Summary We can see why this product has become popular. Overall Accustrength has more features, but the Forex Strength Meter does have some unique features that even Accustrength lacks such as: