Institutional Forex Meter

Institutional Forex Meter

Forex Currency Strength

10 ratings
7 reviews
Free

Details

  • Released
  • Updated
  • August 31, 2019
  • September 3, 2019

Features

Institutional Forex Meter screenshot #1 for iPhone
Institutional Forex Meter screenshot #2 for iPhone
Institutional Forex Meter screenshot #3 for iPhone
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About

This app analyzes the strength and correlation of major global currencies. It provides visual data over various timeframes to help traders identify opportunities like strong/weak pairs and divergences.

Currency strength measurement
Decorrelated and normalized data
Selectable time periods (today, week, month, year)
USD, CAD, EUR, GBP, AUD, NZD, JPY, CHF analysis
Identify strong/weak currency pairs
Detect trading divergences
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What's New in Institutional Forex Meter

1.1

September 3, 2019

Bug fixes.

User reviews

BEST STRENGTH METER

Very good meter. I’ve been using it for a few years now.

However, recently, it’s been unable to start. Hopefully, the developer gets this fix.

Simple and very useful

Very good

Calculation

What variables are used to calculate currency strength?

Response from developer

Thanks for your feedback! The app calculates the normalized strength over the main currencies EUR, GBP, CHF, USD, NZD; AUD, JPY.

Ummm... No!

I read the review posted and thought... sounds great! Upon downloading... I find this app to be pointless and ineffective. I mean it’s a bunch of squiggly lines with absolutely no direction or explanation on how to use it. My guess is that the highest squiggly line is the strongest currency and the lowest squiggly line is the weakest but who knows! This compared to the Currency Heatwave also found in the App Store is an embarrassment. To the developer... I appreciate the effort... truly... but it needs much more development.
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Response from developer

Thanks for your feedback. The lines show normalized (non-retail) currency strength. The app is intended for inclusion in your own trading strategy and it is really powerful but there is no simple "how-to use it" way (as there is no simple "how to use a candle stick chart" way). The other app you are referring to is nice but it does not give you the information which the Forex Meter lines show.

Best currency indicator on the AppStore

Trust me this is the best currency meter on the AppStore I can’t believe this is even free I paid for other services that doesn’t even sum up the data resulting in timeframe disagreements Weldon developer. I would love to pay to get rid of the ads even tho it’s not intrusive 👏

Response from developer

Thanks for your feedback!

Developer apps

FAQ

What currencies does Institutional Forex Meter track?

Institutional Forex Meter tracks the strength of USD, CAD, EUR, GBP, AUD, NZD, JPY, and CHF. This covers the major global currencies for comprehensive analysis.

What timeframes can I view currency strength on?

You can view currency strength over selectable time periods including today, the last 24 hours, this week, this month, and this year. This allows for both short-term and long-term trading perspectives.

How does Institutional Forex Meter help with trading?

The app's data on currency strength can be used to identify strong/weak pairs for maximizing profits, detect divergences, and inform trading strategies based on market volatility or ranges.

Is Institutional Forex Meter available on Android?

Based on the provided data, Institutional Forex Meter is available on iPhone, iPad, and iPod. Platform compatibility for Android is not specified.

How often is Institutional Forex Meter updated?

The latest version, 1.1, was released on September 3, 2019. The app was initially released on August 31, 2019, indicating infrequent updates since its launch.

What is the user rating for Institutional Forex Meter?

Institutional Forex Meter has a rating of 4.4 stars based on 10 ratings. This suggests generally positive user sentiment among its current user base.

Does Institutional Forex Meter have ads?

No, Institutional Forex Meter does not contain advertisements. The app is free to download and use without any ad interruptions.

What is the age rating for Institutional Forex Meter?

Institutional Forex Meter has an age rating of 4+. This indicates it is suitable for users of all ages and does not contain mature content.