How to trade with the Currency Strength Meter? You can notice a huge bullish market move at the same time. When you load up the indicator on your Metatrader platform, the charts with Currency Strenght Meter added, should look like this: Overview of the Currency Strenght Meter Indicator.Īs you can see in above example, the USD/JPY (blue line) is much stronger than other currency pairs. You can easily observe visually the strength of each specified currency pair of your choice. The indicator is displayed in the separate window below the main trading chart. Currency Strength Meter Indicator Overview. All in all, it will be a great addition to your trading arsenal. You can also use it in arbitrage trading. With a glance of the eye you will know the strongest and weakest forex currencies at the moment. The Currency Strength Meter Indicator is a great tool for traders who wants to quickly check the strength of various currency pairs.