The FXMCSM application is used with the Metatrader 4 trading application to perform Forex strength and weakness analysis for the eight AUD, CAD, CHF, EUR, GBP, JPY, NZD and USD currencies which comprises of 28 currency pairs; 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 consistently calculates and adjusts for currency strengths and weaknesses to display strengths as easy to understand bar charts, with currency strength/direction values and current up/down trend indicators. To notify when individual currencies are moving up from low positions there is also an alert option for the eight currencies to signal the best time to go long or short to assist with currency trading decisions. The FXMCSM trading system, takes all the hard work out of looking at more than 28 charts to see which currencies are weak and strong, it uses the FX Multi Currency Strength Meter to identify potential candidates for each side of a Forex trade. It will alert you to the 28 currency pairs you should be looking at in more detail without having to look at all the currency pair charts with multiple computer monitors. The system will need you to watch the trends as they develop for at least an hour after the European, Asia, or New-York openings to make sure of a trend direction to use. The FXMCSM application is probably the best and most accurate tool you will ever need in order to determine when the time is right for making a trade. The FXMCSM application can be downloaded from the Free Download page and from our Full Edition Upgrade page a lifetime licence can be purchased that allows the FXMCSM software to access real-time trading data with up-to-the-minute currency price changes.
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