Hello:
I am using your Currency Strength (CS) and Heat Map (HM) data on this web site.
I trade all 28 pairs in D1 charts with W1 confirmation.
I formulate my CS and HM trades based on your CS and HM data.
I seem to get the same trades in both CS and HM methods.
I know the logic you explained for HM.
But I thought CS is based on another concept, which I don’t know what it is.
Can someone explain the logic behind CS, like you folks explained the logic behind HM.
I appreciate it.
1 Like
Currency strength is measured daily and is a longer term indicator, depending on fundament movements, whilst Heat Map is happening right in the now. It would be quite reasonable that both indicators would offer the same trade.
the CS is a type of analysis that measures the strength of a currency relative to its major counterparts over a certain period of time. Whereas HM shows you the strongest and weakest currencies in a visual format, the CS goes a bit deeper, often using algorithms to compare different currency pairs.