Currency Meter – Analyze 19 Forex Currency pairs in 3 seconds or less…
by Henry Liu on December 11, 2009
Amazing Simple Forex Tool
Compares 19 Currency Pairs Instantly,
Reveals The “Hidden” Money Opportunity, And Adds 20~30 Pips In Your Next Trade…
And best of all, it’s FREE
No matter if you are a novice or veteran Forex trader,
you’ll benefit from this Currency Meter as you can determine
instantly what the market is doing, what currency is driving the forex market
and this makes sure you stay on the right long-term trend…
Watch the video below for important installation instructions
and examples of how to use this tool under live Forex market.
hello Liu,i love your stuff,and the that u make it,makes u great man. One question,due to my busy time at work,can i use it for my daily chart anaysis to enter a trade,or is it meant for smaller time frame alone.pls reply.thanks
Awesome work. This is just what I’ve been looking for. Thank You so much for sharing it and making it open source. This is the advantage we all need to be able to play with the “Big Boys”. I just started using it yesterday….but have already had several profitable trades. My favorite way to use it so far is to scalp pips off of the retracing or reversals looking for a red currency and blue currency at same time.
One suggestion….would it be possible to add an audible alarm to the next version that would signal when a currency turns red or turns blue. This would be helpful especially for us scalpers. Anyway, great work, and thanks for what you do.
When is the new Currency Strength Meter (3) going to be available. I just downloaded Currency Strength meter (2) last week. It is a marvelous tool and it has changed the way I look at the market.
I am sure the upgraded CSM (3) will be even more informative . Looking forward to downloading it.
I just downloaded the meter onto my new travelling laptop which is windows 7 64bit. Spent some time trying to get the meter to work which has worked well for many months on my main rig on XP pro.
I then noticed in this thread that Admin has mentioned that windows 7 64bit is not yet supported. Might be a good idea to mention this in the videeo and installation instructions which would have saved me wasting 3 valuable hours of my time
This apart, I am grateful to you Henry for an excellent tool.
hi henry
thank you very much for your wonderful support to trader. but the problem i have is that the meter is currently working on my fxpro mt4 but i cant understand what the figures are and how to interprete them. pls show me more light on this thks eddy
Hi Henry, I Would like to thank you for the meter. It will give me an additional hint in trading.I ‘ll be waiting to hear somemore views and ideas in future. Thanks
Hi Henry,
I have used your meter in the past with a different MT4 broker, but I cannot get it to work with Dukascopy MT4. It shows colour background and numbers, but they are fixed and not updating with data.
I have ticked “enable DDE” server. I have tried “show all” in market watch. I have turned everything on/off many times. I run on Vista. Can you suggest anything else to try? Thanks.
Hi granville, check to see if the currency pair names in your Dukas MT4 have a suffix (ie. EURUSDm => has suffix = m). If you do, you need to check the box next to ‘My broker uses a different quote’ in the meter, and then enter the suffix in the space provided.
Hi guys i really like this meter i can help any one that need my help on how to use this software i find something interesting and also add my own still and now feeling good with my life,i greet you mr Liu you are more than great,+2347065733464
Hi, Meter seem to be working, currently getting feed, Now, what I have on my desktop is three (3) FXDD Platforms, and upon bring all three up, it begain working. The platform that was not up was the on the main directery, where as the two I was trading was FXDD 1 and 2… Thanks
Gle2nn, the meter should be getting the data from the MT4 that has the DDE Server option. Also right-click on the market watch window of your MT4 and select the ‘Show All’ option to show all currency pairs available.
Its not daily chart, its daily range. There is a huge difference. It does not work off a chart per se, it works off the daily range, or the range of pips a currency pair traveled for the day so far.
I just got your Strength Meter….great tool. Further to this, the way you share your knowledge giving me more interest to learn more on your Mastermind Mentoring Program. Pls keep me update. Thanks Ariff
Thanks for such great tool. However, I don’t understand correlation between the numbers and colors. For instance, at this moment, I see NZD is 3.00 and it’s red, while GBP is 4.8 and yellow color. Wouldn’t be logical that greater numbers are warmer colors, and smaller numbers calmer colors. These are the cases almost every time at me… there is no logical correlation between numbers and colors.
Smaller numbers are red, or orange sometimes, sometimes blue, and vice versa.
Hi Henry,
I can not find a working link to the strength metre 2 anywhere. I’m hoping you might send me the indicator, many many thanks for your generosity.
Great stuff.Thank you for sharing your knowledge.Today I learned something from you. Your a great guy.I used Tom’s Excel Beta Version some time ago.Question; which time frame does it pickup the feed from.Could you please get in touch regarding this. Thanks. Trevor.
Hi Henry,
Great stuff and like the way you share you knowledge.You are a great guy.I learned something new from you.I used Tom’s Excel beta version long time ago. Question:Your Currency Strength Meter, which time frame does it pickup from.I appreciate if you could get in touch with me on this regard.Thanks. Trevor
I am also having the same problem as peter. I get”“c:\windows\system32\oleaut32.dll could not be opened” My computer is running on the windows XP platform. So what should I do?
Using FXDD MT4, DDE Enabled, Vista, have followed all instructions including PC restart and it still doesn\’t work at all.
Just shows the boxes with colors; no numbers, letters, nothing. Am uninstalling, but if you have any ideas on how to get this to work please let me know.
Hi, I think the tool is great. To be able to use it effectively I wish to inquire about the time frame on which it is based ie M30,H1 or D1? Also what are the expected values for the highest and lowest? Rgds
I downloaded the currency strength meter v.2 as per video instruction, but it couldn’t be installed. Error Message: “c:\windows\system32\oleaut32.dll could not be opened”
I’m running FXDD Malta-MetaTrader 4 and my laptop’s running Windows 7.
Can you help ? Your prompt response is very much appreciated.
Could you plese write the installation instructions in words, because I am foreigner, it is difficult to hear and understand all what you say about the Meter.
Hello,
Just loaded your strength meter and it is on my charts broker is EXNESS however all the readings on it are zero.
Would be grateful for your help
Great! Would you please let me know what is the base of your analysis? Is Currency Strength Meter based on Fundamental News or only base on Thechnical Analysis? If Fundamental News is the answer, how can you generate the datas from Metatrader?
Sincerely,
Ali-Toronto
Hi… thanks a lot…. it’s free. Just one suggestion… why don’t you try to include 26-28 pairs instead of 19 pairs currently as being used by Tom in his Fx4Caster…
I downloaded the newsprofiter but the program did not run. I have tried it more than 5 times now, but it will just not install. Am I doing something wrong?
{ 43 comments… read them below or add one }
hello Liu,i love your stuff,and the that u make it,makes u great man. One question,due to my busy time at work,can i use it for my daily chart anaysis to enter a trade,or is it meant for smaller time frame alone.pls reply.thanks
Hi Henry,
Awesome work. This is just what I’ve been looking for. Thank You so much for sharing it and making it open source. This is the advantage we all need to be able to play with the “Big Boys”. I just started using it yesterday….but have already had several profitable trades. My favorite way to use it so far is to scalp pips off of the retracing or reversals looking for a red currency and blue currency at same time.
One suggestion….would it be possible to add an audible alarm to the next version that would signal when a currency turns red or turns blue. This would be helpful especially for us scalpers. Anyway, great work, and thanks for what you do.
God Bless.
Excellent tool, many Thank youfor share your knowledge.
Congratulations for your excellent strategy and above all to share and help each day the trader we progress
Hello Henry,
When is the new Currency Strength Meter (3) going to be available. I just downloaded Currency Strength meter (2) last week. It is a marvelous tool and it has changed the way I look at the market.
I am sure the upgraded CSM (3) will be even more informative . Looking forward to downloading it.
Best Regards
DR
Pls, i cannot watch the video, is there no way to download the video and watch
nose ingles, habria posibilidad de saber como utilizarlo en español?
saludos
I just downloaded the meter onto my new travelling laptop which is windows 7 64bit. Spent some time trying to get the meter to work which has worked well for many months on my main rig on XP pro.
I then noticed in this thread that Admin has mentioned that windows 7 64bit is not yet supported. Might be a good idea to mention this in the videeo and installation instructions which would have saved me wasting 3 valuable hours of my time
This apart, I am grateful to you Henry for an excellent tool.
hi henry
thank you very much for your wonderful support to trader. but the problem i have is that the meter is currently working on my fxpro mt4 but i cant understand what the figures are and how to interprete them. pls show me more light on this thks eddy
Eddy, please watch the videos; as they will show exactly how to use the meter and how to interpret the currency strength numbers.
Hi Henry, I Would like to thank you for the meter. It will give me an additional hint in trading.I ‘ll be waiting to hear somemore views and ideas in future. Thanks
Hi Henry,
I have used your meter in the past with a different MT4 broker, but I cannot get it to work with Dukascopy MT4. It shows colour background and numbers, but they are fixed and not updating with data.
I have ticked “enable DDE” server. I have tried “show all” in market watch. I have turned everything on/off many times. I run on Vista. Can you suggest anything else to try? Thanks.
Hi granville, check to see if the currency pair names in your Dukas MT4 have a suffix (ie. EURUSDm => has suffix = m). If you do, you need to check the box next to ‘My broker uses a different quote’ in the meter, and then enter the suffix in the space provided.
Hi guys i really like this meter i can help any one that need my help on how to use this software i find something interesting and also add my own still and now feeling good with my life,i greet you mr Liu you are more than great,+2347065733464
wow what i was looking for
Hi, Meter seem to be working, currently getting feed, Now, what I have on my desktop is three (3) FXDD Platforms, and upon bring all three up, it begain working. The platform that was not up was the on the main directery, where as the two I was trading was FXDD 1 and 2… Thanks
Gle2nn, the meter should be getting the data from the MT4 that has the DDE Server option. Also right-click on the market watch window of your MT4 and select the ‘Show All’ option to show all currency pairs available.
hi henry;
one of the admins mentioned that the all the data in the excel sheet is based on daily. is there any way to change it to hourly or m15?
also which part is based on daily in the excel?
Its not daily chart, its daily range. There is a huge difference. It does not work off a chart per se, it works off the daily range, or the range of pips a currency pair traveled for the day so far.
Hi Henry,
I just got your Strength Meter….great tool. Further to this, the way you share your knowledge giving me more interest to learn more on your Mastermind Mentoring Program. Pls keep me update. Thanks Ariff
Hello Henry,
Thanks for such great tool. However, I don’t understand correlation between the numbers and colors. For instance, at this moment, I see NZD is 3.00 and it’s red, while GBP is 4.8 and yellow color. Wouldn’t be logical that greater numbers are warmer colors, and smaller numbers calmer colors. These are the cases almost every time at me… there is no logical correlation between numbers and colors.
Smaller numbers are red, or orange sometimes, sometimes blue, and vice versa.
Can anybody explain this situation?
Thanks.
Hi Henry,
I can not find a working link to the strength metre 2 anywhere. I’m hoping you might send me the indicator, many many thanks for your generosity.
Thanks again
Fiona
Go to the Download link on the top of the page, Fiona.
I tried to download the Strength Meter but it said there were errors. I’m running on a PC under Vista. Any suggestions? Thanks.
Peter
Not sure what Error?
I have Vista 32 and 64, both working.
Need more info, Peter.
Hi Henry,
Great stuff.Thank you for sharing your knowledge.Today I learned something from you. Your a great guy.I used Tom’s Excel Beta Version some time ago.Question; which time frame does it pickup the feed from.Could you please get in touch regarding this. Thanks. Trevor.
It uses the daily timeframe.
Hi Henry,
Great stuff and like the way you share you knowledge.You are a great guy.I learned something new from you.I used Tom’s Excel beta version long time ago. Question:Your Currency Strength Meter, which time frame does it pickup from.I appreciate if you could get in touch with me on this regard.Thanks. Trevor
Hello henery,
I am also having the same problem as peter. I get”“c:\windows\system32\oleaut32.dll could not be opened” My computer is running on the windows XP platform. So what should I do?
Thanks,
brian
Using FXDD MT4, DDE Enabled, Vista, have followed all instructions including PC restart and it still doesn\’t work at all.
Just shows the boxes with colors; no numbers, letters, nothing. Am uninstalling, but if you have any ideas on how to get this to work please let me know.
Ted:
Not really sure why it doesnt work. If you can send me a screenshot, I will take a look.
Henry
Hi, I think the tool is great. To be able to use it effectively I wish to inquire about the time frame on which it is based ie M30,H1 or D1? Also what are the expected values for the highest and lowest? Rgds
Hi Henry,
I downloaded the currency strength meter v.2 as per video instruction, but it couldn’t be installed. Error Message: “c:\windows\system32\oleaut32.dll could not be opened”
I’m running FXDD Malta-MetaTrader 4 and my laptop’s running Windows 7.
Can you help ? Your prompt response is very much appreciated.
Thank you,
Peter
It doesn’t work with Windows 7 64-bit. Not yet.
Could you plese write the installation instructions in words, because I am foreigner, it is difficult to hear and understand all what you say about the Meter.
Hello,
Just loaded your strength meter and it is on my charts broker is EXNESS however all the readings on it are zero.
Would be grateful for your help
Melissa please take a look at the video. If your EXNESS is having non-standard quote, then you need to add the characters by checking the checkbox.
excellent tool. I just got it. thank you
Great! Would you please let me know what is the base of your analysis? Is Currency Strength Meter based on Fundamental News or only base on Thechnical Analysis? If Fundamental News is the answer, how can you generate the datas from Metatrader?
Sincerely,
Ali-Toronto
Hi… thanks a lot…. it’s free. Just one suggestion… why don’t you try to include 26-28 pairs instead of 19 pairs currently as being used by Tom in his Fx4Caster…
Just an idea. Thanks a lot. Cheers !
Ibrahim:
some pairs don’t have the volume and could give you a skewed reading. So I stick with the most liquid pairs.
Looking forward to seeing your Currency Meter
I downloaded the newsprofiter but the program did not run. I have tried it more than 5 times now, but it will just not install. Am I doing something wrong?
Without more information from you I cannot help you.
What kind of platform you running, what broker MT4 you have installed? Have you followed the steps in my Video? What version of Windows?