AUDUSD H1 -AUD Strongest Currency Against USD Weakest=UpTrend(2)This indicates which currencies are GAINING value and which currencies are LOSING value.
As a result, we see which pairs to trade.
By trading the currency gaining the most value against the currency losing the most value = We aspire to ride the strongest trends, obtain the highest performance, be in the safest trades and to avoid the choppy chaotic charts.
---
This layout displays the Value, Performance and Pressure behind each currency.
Let's break it down by panel.
--
In the top panel: Indicator 'Currencies' / Settings: Performance All 8 Currencies.
We see the performance of all 8 major currencies.
Most recent bars:
AUD (Orange line) is the strongest currency.
USD (Red line) is the weakest currency.
So, we bought the AUDUSD pair because both currencies are going opposite ways (AUD going up / USD going down).
--
In the second panel: Indicator 'Currencies' / Settings: Pair Performance.
We see the Performance of the 2 currencies of the pair on chart.
The AUD (Orange line) and the USD (Red line) + the Pressure of the Pair in the background.
The brighter the color in background = The higher is the performance for the pair on chart.
--
In the 3rd panel: Indicator: The 'Template'. (Over 10 years in R&D to paint the chart perfectly.)
Resistance was broken and retested. Resistance became support.
--
In the 4th panel: Indicator 'Currencies' / Settings: Pressure.
We see the Pressure behind each currencies of the pair on chart.
The Higher is the line = More Upside pressure.
The Lower is the line = More Downside pressure.
--
5th panel: Indicator 'Currencies' / Settings: Value of the Base currency (AUD).
Displays the Value of the AUD + Intensity Background (Up/Down)
6th panel: Indicator 'Currencies' / Settings: Value of the Quote currency (USD).
Displays the Value of the USD + Intensity Background (Up/Down)
Strategy for 5th and 6th panels:
Blue Background (One Currency Gaining Value)
AGAINST
Red Background (One Currency Losing Value)
= Pair Trending.
(If you want to learn more about this, we have recorded a video. Comment 'Video'.)