Forex Software Example #2: Heat Map Currency Trend Intensity Indicator

The chart below shows one of our newest and most powerful trading tools. It shows you how strong or weak the Euro is compared to the Pound, Swiss Franc, Japanese Yen and Canadian Dollar. Underneath the Chandelier Stop Trend Direction tool we show how strong or weak the US Dollar is compared to all the main currencies. This tool allows you to adjust the colors to see how the strength or weakness of the US Dollar affects the Euro. For example when the US Dollar is strong the Euro / Dollar will fall. To keep things simple we simply reverse the colors so that its super simple to know which way to trade the Euro !

The chart below shows one of our newest and most powerful trading tools. It shows you how strong or weak the Euro When the Euro is weaker than the Pound, Swiss, Yen and Canadian Dollar and the US Dollar is strong (We color code it red on the chart to show it will cause the Euro to fall) you have a VERY high probability of shorting and making a lot of pips!

The chart below shows one of our newest and most powerful trading tools. It shows you how strong or weak the Euro The last heat map on the chart shows you Gold's impact on the currency. Gold is a leading indicator and when Gold is going up the US Dollar falls causing the Euro to go up. When Gold is falling the US Dollar gains strength and the Euro will fall!

The chart below shows one of our newest and most powerful trading tools. It shows you how strong or weak the Euro> To Recap this tool show you

• Which Currencies to trade (Buy the strongest ones, short the weakest ones)
• Strength or Weakness of US Dollar and its impact on each currency you trade!
• Strength or Weakness of leading indicator Gold and its impact on each currency you trade
• Know how much profit to take - Dark Green / Red can lead to HUGE moves while light colors show mild trends
• Know when your trade will turn into a loser and get out with much smaller loss! When you are long and see some red coming into the market you should immediately exit your trade and minimize your loss. We teach taking small 3 to 10 pip maximum losses.