for the USD alongside its current value (-27 Pips). The Flexibility of the Forex Force Indicators It is extremely important to understand that the FFF is designed for ALL kinds of FX traders, from intra-day scalpers to long-term investors. ADX: Currencies that are trending or consolidating sideways. FFF ATR Indicator, fFF Verticality Indicator (Click on Image to View the Full Product Details). Negative Correlation If the Correlation value of the EUR:JPY is -0.23, it means that the euro and the Yen will move in the opposite direction approximately 23 more often than the same direction. Forex traders with a significant edge over the competition. Force, index(1) Close (current period) - Close (prior period) x Volume. It is important to understand that it does not imply that the euro and the Yen move in the opposite direction 23 of the time. It provides traders with positive or negative correlation values that are based on the direction of each currencys price movement (positive correlations indicate that both currencies tend to move in the same direction whereas negative correlations indicator that both currencies tend to move in opposite. The underlying calculations and principles always remain the same regardless of the timeframe being used, which makes the FFF suitable for all styles of FX trading. We specifically use the term accurately because the formula that it employs is entirely objective, unbiased, and both technically and mathematically sound. It is therefore possible to perform intensive data comparisons between each of the various currencies to obtain extremely valuable and otherwise hidden information.
Stochastics: Currencies that are the most OverBought OverSold. The algorithm behind the FFF references all major currency pairs/crosses (every combination of the EUR, GBP, USD, JPY, CHF, CAD, AUD, NZD) to provide traders with a comprehensive diagnosis and breakdown of the following: Currency (Pip) Strength: Currencies that are the strongest weakest. Keep in mind that the term user-defined session only applies to intra-day FX traders, so it is important that you understand that these values are universal and are therefore applicable to any timeframe. The Euro currency crosses being analyzed are as follows: eurgbp, eurusd, eurjpy, eurchf, eurcad, euraud, eurnzd Want to see the rest of the Forex Force Indicators that have been specially designed to provide FX traders with a significant edge? This enables traders to know exactly which currency crosses have gained the most pips and lost the most pips out of all possible crosses.