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Currency Strength Meter

{ 47 comments… read them below or add one }

Wilson November 3, 2010 at 12:03 am

Dear Henry,
Could you include gold and oil into your strength meter as well?
With regards and many thanks

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Moderator November 4, 2010 at 3:25 am

Hi Wilson, at this moment, the currency strength meter only measures the strength of currency pairs.

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prince October 19, 2010 at 1:33 pm

henry lui you are God sent,i cant just beleive wat you ve done,every day i pray for you.i pray God will uplift u from strength to strength.the currencymeter is the bomb if applied with effective technical analysis and fundamental news.GOD will enrich you and your family.THANKS A MILLION

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Bence August 26, 2010 at 12:02 pm

Dear Henry,

I’ve just downloaded your tool.
I followed the installation guide, but it doesn’t work.
I only see 0.00 at every currency.
Can you help?

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Henry Liu September 5, 2010 at 10:11 pm

Ok then make sure your provider doesn’t have an unconventional symbol such as EURUSDm. It you do see m, or -, or FXF, or anything after the pair, you need to check the box and enter that in the textarea below. There are 2 checkboxes on the meter, you need to check the 2nd one that says “My broker…” and then a textbox will show up, enter the m, or -, or FXF…

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Gabriel August 10, 2010 at 6:47 pm

Thank a lot for sharing this tool ; unfortunately, it doesn’t work on my PC (windows 7. The only difference i can think about is that i use ActiveTrades Metatrader while you use FX. (DDE is enabled).
Have you some idea of what might be wrong and must be changed ?
Thanks a lot

G.

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Henry Liu September 5, 2010 at 10:15 pm

Ok then make sure your provider doesn’t have an unconventional symbol such as EURUSDm. It you do see m, or -, or FXF, or anything after the pair, you need to check the box and enter that in the textarea below. There are 2 checkboxes on the meter, you need to check the 2nd one that says “My broker…” and then a textbox will show up, enter the m, or -, or FXF…

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Tim July 20, 2010 at 3:38 pm

Hi Henry
Your meter is awesome and should help alot but am i right in thinking that the real moves come when a currency is either gaining or losing strength rather than being at a static strength level? If this is the case, is there any way in which we could have a feed into say Excell to put into a live graph so we can see the trend of the currency strength? This could provide very strong trading signals by looking for the currency pair with the strongest trending reverse correlation. What does anybody think?

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Cal Pereira June 26, 2010 at 12:40 am

Henry, this is a fabulous tool. You should be commended for making it available free of charge in this world of eternal consumerism. Your tutorial is well put together, I am about to test my new improved “Henry Liu” inspired trading strategy in July 2010 with real money. I will keep you posted with the results.

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mathew June 25, 2010 at 10:04 am

Hi how are you?
Mate great program saves alot of time. Do you reckon you could make it actually pick the pairs automatically for you? that solve alot of problems and save alot of time

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City Guy June 11, 2010 at 12:57 am

Henry,
Nice tool. I am also using Tom’s meter and i am surprise how close both results are. If you can also add display in graph with history, that will be perfect. Display history lines can give a better idea where currency strengh is moving. Would love to shre more if you need feed back.

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andrew June 7, 2010 at 10:36 pm

Is the Currency Strength Meter dynamic, in that, it can be used on different time scale,to view relative currency strength in that time period ie ,3 hrs,or 60min,etc

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chel June 4, 2010 at 2:44 pm

What happens if I have more than one MT4 platform open at a time

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lim eng chuan June 4, 2010 at 4:20 am

Hi Henry
Just installed your currencystrenghtmeter. Thanks for your selfless effort to provide free service for all.

However, it would be even greater of you, if you could supply us with charts for the major currency strength movements so that traders can follow the trend for each currency.

Keep it up with your great effort.

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CJ May 1, 2010 at 9:08 pm

Thank you very much for the free meter! Is there anyway to chart the meter over time? And over what time frame is it based?

Thank you!

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Rajesh Kumar April 25, 2010 at 3:43 am

Thanks Henry for this product. I can see many people saying thanks after downloading. But most of them don’t comment after using it. I would like to see all the comments on the performance, the actual profit /loss after using this.

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Wong Sleman April 22, 2010 at 2:39 am

hi Henry..great work man!
Thank you for keeping this meter free.
I was just wondering if you may consider put an alert on your currency meter. So it alerts you when it turns from red to orange or yellow for example.

Thanks a lot …keep it up Bro!

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kelvin April 20, 2010 at 7:37 am

The Auto-Trend Line indicator can’t be attach to chart, it says “Tiny Trendline has Expired’. How to get it updated?

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Ovyeh (Nigeria) April 9, 2010 at 3:17 pm

Dear Henry

I have been following for about 3 weeks now. I want to really appreciate your contribution to my trading. Because of you i am a better trader now. thanks for the CSM it was awesome. Keep up the good work. Please i want you to be my mentor.

Thanks

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chong March 26, 2010 at 3:55 am

hi,

so if gbp is stronger, we can expect it wii go up
for gbp/usd pair?

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Admin March 29, 2010 at 11:25 am

Yes, Chong.

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chong March 23, 2010 at 5:29 am

hi henry

the numbers now all shown up but i have a question

if eur show 2.70
and gbp show 3.50

so what dows that mean? gbp stronger ?
thanks

chong

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Admin March 24, 2010 at 2:30 pm

Chong: Yes, GBP is stronger

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SAJID March 20, 2010 at 9:33 pm

Can this meter work on platforms other than MT4

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Admin March 22, 2010 at 4:05 am

Sajid:
Unless you can provide live feed of currency quotes with daily high and lows from other platforms…

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mat1500 March 14, 2010 at 4:12 am

How do I get the indicator to change values mine has read the same the last three days. Thanks for your help

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Admin March 16, 2010 at 8:31 pm
Van March 13, 2010 at 10:20 pm

First, thank you for the work you have put into this strength meter & make it available free of charge.

If I may make a suggestion for future updates.
I would like to see the currencies be selectable. For example: I don’t trade any of the NZD pairs, rarely the CAD or AUD pairs. By having this option, it would further reduce the demand on a system.

But I have to say, this is still nice work.
Thanks again,
Van

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Johan Stoop March 12, 2010 at 1:17 pm

I downloaded MetaTrader 4 and your Currency Strenght Meter software, how do I get it to be “operational” on the MT4 Platform.

I ran both, but see only the MT4 Platform??

Thanks
Johan

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Admin March 16, 2010 at 8:39 pm

Johan:

Check my installation guide. It should be self-explanatory.

http://www.currencystrengthmeter.com/78/currency-meter-installation-guide/

Henry

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yat March 12, 2010 at 2:29 am

can you tell me the detail how to use your meter becoz i dont get it

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Ted March 11, 2010 at 11:03 pm

Are there some instruction re. how to get the meter to work, i.e. you mentioned “DDE Enabled” needs to be checked; anything else?

Right now it’s just blank; no numbers at all. Can I have 2 MT4′s up at same time? Does one of those checkboxes on front need to be checked, or can they both be blank?

I’m not asking how to trade with it, just how do I get it to work. Some kind of list of instructions might be helpful; if I missed it please let me know…thanks.

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Davy March 11, 2010 at 12:05 pm

Henry… Thanks for the meter! I’m just now learning Forex. It should help a lot!!
Davy

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Arnold February 24, 2010 at 3:48 pm

Xin Nian Kuai Le Henry

Your strength meter is fantastic, a pity it cannot works on my Vista…

Gong Xi Fa Cai

Arnold

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Admin March 6, 2010 at 4:56 pm

It works on vista, don’t know why it doesn’t work on your PC. However, I haven’t tested the 64-bit Vista yet. So I cannot tell you for sure.

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Nick February 22, 2010 at 5:13 pm

Hi Henry,
The meter is very intersting. I just downloaded and am looking forward to using it. I am wondering: how often does it update? I have had it running for an hour but there numbers have not changed once.
Many Thanks
Nick

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Admin March 6, 2010 at 4:57 pm

Nick:

Did you have MT4 installed and DDE ENABLED?

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shola February 16, 2010 at 8:09 pm

plz could some one tell the reason why great henry is giving out the holy-grail strenght meter for free of charge if there is no reason may THE ALMIGHTY IN HIS INFINITE MERCY GRANT HIM EVER GREEN BLESSING

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FreddyFX January 16, 2010 at 12:59 am

Hi Henry.

VERY PLEASED with your work.
Will learn ASAP how to use it the best.

Greetings from Puerto Vallarta – Mexico

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Omar January 3, 2010 at 11:22 pm

hi, i found the link thanks.
Im just wondering what is the strength of the currency was 8.0 for example but when I start the system it is 7.0. So technically the currency was strong and is strong when I look at it but I didnt know it was stronger. Is there any way to show the history? Because it may then be predicatable to follow the trend just like charts.

Thanks.

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Admin January 20, 2010 at 11:36 pm

You can use the chart for history. Right now there is no need for history as the chart pretty much explains all.

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Emmyk December 16, 2009 at 8:48 am

Hi henry,
i have always admired your drive and passion for forex. this is great. i tested it as soon as i saw your email and i can say it works. great job, keep it up.

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stevan December 16, 2009 at 2:30 am

dear henry…i wanna ask u something….here is my question….”why if i am running this currency streght suddenly my laptop going off”…can you explain to me about that…thanks
best regards
stevan

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Admin December 16, 2009 at 5:02 am

Stevan:

The Currency Strength Meter should not have anything to do with your laptop going off. So I don’t really know what to tell you, except to try again and see if it happens one more time.

Henry

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kyle kwong December 15, 2009 at 6:42 pm

i like to use your curency meter

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eric December 15, 2009 at 3:51 pm

hi henry, do you think you can code this indi so that it will give “pair” strength or weakness?

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Henry Liu December 15, 2009 at 4:56 pm

I think that would defeat the purpose of the meter because it would be hard to compare pairs with each other, like comparing apples with oranges. But interesting concept.

Henry

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