A very useful tool (notably the right part of it) to understand the current relative forces of the 8 main currencies. I don’t know if there is something equivalent in PRT, if not I think this conversion is – if possible – a kind of MUST !
Thanks in advance,
BR
Description :
ForexProfitSupreme Meter is an indicator which is in the left corner of the graph and is used in the strategy for monitoring the current situation on the market for currency pairs. The number next to a pair of stands for the force of its movement is currently and direction. To the right is a column with the currencies where you can see the most actively traded currencies (not pairs), and depending on it to consider them in selecting a tool for trade.
Not possible to translate this kind of indicator since it calculates currencies strength between them and probuilder doesn’t have any multi instrument reading capability, sorry.
That’s really a lack in current implementation of PRT — I guess, many traders would love to combine N financial instruments in 1 chart or even create new financial products by combining them (ratio charts for example).
If anybody figured out how to do that on PRT – share it please.
You can use spread chart (CTRL+R), to compare instruments between them. Or any of the built-in relative strength indicators.