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Forex Currency Strength Index APK Description
For Forex traders - shows a graph of Absolute Currency Strength (Please read http://en.wikipedia.org/wiki/Absolute_currency_strength to understand the concepts).
Note: the graph looks much better in the ad-free version.
Set a period (eg M1, M15, D1 etc), a sample (steps of 10), and threshold in %. Get an alert when a currency moves above the threshold for the period and sample you selected.
Same thing when a currency becomes weak, and moves below the threshold.
For example:
Click on 'Alarm Clock' icon, click the plus sign, see a dialog to add an alert.
Set an alert for M1/50/0.2 - that is for 50 samples on the 1-minute chart, at a threshold of 0.2. Provided the markets are open, you should get an alert very quickly, meaning a currency has moved more than 0.2% in the last 50 minutes.
Second Example:
You set an alert for M5/50/2.0. This means you want an alert when a currency increases OR decreases by 2% on the 5-minute chart, relative to a point 50 5-minute periods before (that is 250 minutes).
So, if USD has increased by 3.5%, and NZD has decreased by 2.1%, you get an alert saying "USD/NZD".
Another example:
You set an alert for H1/30/5.0 - 30 samples on the 1-hour chart, and a threshold of 5% (You need a bigger threshold for longer periods)
Say CAD has decreased 6%, but no currency has increased more than 5% (the threshold you set) - you get an alert saying "-/CAD", meaning no rising currency, CAD is falling.
You get alerts at the end of each period - that is, H1 alerts come at the start of each hour, M30 each half hour etc.
Please leave a comment if you do not understand anything, I will try and help.
Alerts are handled through Google Cloud Messaging, not by polling - so an M1 alert will not be battery heavy, as it is not checking every 1 minute - the server does that.
Disclaimer:
Forex trading is risky, and this is just a tool to help you pick entry points as part of an overall trading strategy. I make no promises that you will become rich through using it, and no liability is accepted for any financial damage incurred.
How to install Forex Currency Strength Index APK for Android
Download Forex Currency Strength Index APK file (org.philblandford.currencystrengthindex_33_3165665.apk) from APKPure.live, then follow these steps:
Update Phone Settings
- Go to your phone Settings page
- Tap Security or Applications (varies with device)
- Check the Unknown Sources box
- Confirm with OK
Go to Downloads
- Open Downloads on your device by going to My Files or Files
- Tap the APK file you downloaded (org.philblandford.currencystrengthindex_33_3165665.apk)
- Tap Install when prompted, the APK file you downloaded will be installed on your device.
How to install Forex Currency Strength Index APK on Windows PC 7/8/10/11 or MAC?
Download Forex Currency Strength Index APK file (org.philblandford.currencystrengthindex_33_3165665.apk) from APKPure.live to your PC (ex: C://Users/xxx/Downloads/(org.philblandford.currencystrengthindex_33_3165665.apk), then follow these steps appear on screen.
Using Emulator:
- Download And Install one Emulator Softwares (Ex: Bluestacks, GenyMotion, NoxPlayer)
- Simple install APK on PC by drag and drop file org.philblandford.currencystrengthindex_33_3165665.apk on Emulator screen
Forex Currency Strength Index APK Pros & Cons
Pros
- This app is safe, it's not require high risk permissions
- Compatible with 32 bit device (most Emulator using 32bit arch CPU)
- Compatible with 64-bit device (some android device and current Bluestacks)
Cons
Everything is good.
