FXMCSM is a software used with Metatrader 4 for Forex strength and weakness analysis. It analyzes eight currencies and their 28 currency pairs, including AUD, CAD, CHF, EUR, GBP, JPY, NZD, and USD.
The FXMCSM application is an excellent tool for Forex traders, which can be used with Metatrader 4 trading application. Its capabilities extend to Forex strength and weakness analysis of eight currencies, namely AUD, CAD, CHF, EUR, GBP, JPY, NZD and USD, which in turn comprises of 28 currency pairs, including AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF and USDJPY.
The FXMCSM is a desktop app that supports Microsoft Windows XP, Vista, 7 and 8, and it consistently calculates and adjusts currency strengths and weaknesses to beautifully display them in easy to understand bar charts, with currency strength/direction values and current up/down trend indicators. Additionally, there is an alert option that notifies the user when any individual currencies are moving up from low positions, telling them the best time to go long or short.
The FXMCSM system is unique in that it does all the hard work of examining more than 28 currency charts to see which currencies are weak and strong, identifying potential candidates for each side of a Forex trade by using the FX Multi Currency Strength Meter. This system can alert the user to the 28 currency pairs they should be focusing on without having to invest in multiple computer monitors. However, the user will need to pay attention to trends as they develop for at least an hour after the European, Asia, or New-York openings, to ensure a trend's direction.
The FXMCSM application is one of the most accurate and reliable tools for determining the right time to make a trade and is probably the best tool that a Forex trader can utilize to boost their trading gains. Moreover, the FXMCSM application is available for download, and the user can also purchase a lifetime license that allows them to access real-time trading data with up-to-the-minute currency price changes.
The FXMCSM is a desktop app that supports Microsoft Windows XP, Vista, 7 and 8, and it consistently calculates and adjusts currency strengths and weaknesses to beautifully display them in easy to understand bar charts, with currency strength/direction values and current up/down trend indicators. Additionally, there is an alert option that notifies the user when any individual currencies are moving up from low positions, telling them the best time to go long or short.
The FXMCSM system is unique in that it does all the hard work of examining more than 28 currency charts to see which currencies are weak and strong, identifying potential candidates for each side of a Forex trade by using the FX Multi Currency Strength Meter. This system can alert the user to the 28 currency pairs they should be focusing on without having to invest in multiple computer monitors. However, the user will need to pay attention to trends as they develop for at least an hour after the European, Asia, or New-York openings, to ensure a trend's direction.
The FXMCSM application is one of the most accurate and reliable tools for determining the right time to make a trade and is probably the best tool that a Forex trader can utilize to boost their trading gains. Moreover, the FXMCSM application is available for download, and the user can also purchase a lifetime license that allows them to access real-time trading data with up-to-the-minute currency price changes.
What's New
Version 1.2.2.2: New features added to display currency strength positions as a table and pie chart. Financial news screen updated. Code Improvements.