will aid in the visual recognition of the alignment of the individual currency strength and weakness analysis and allow traders to master trade entries with the heatmap. This formula must be modified each day to include the latest rows. The spreadsheet simplifies parallel and inverse analysis for any level forex trader, and provides an easy to use visual guide for individual currency strength and weakness via inspection of the major trends. Sum W/L: A running total of the W/L column. 1,161 Shareware. Download The Spreadsheet, download the Spreadsheet Using Microsoft Excel. There is a guide on the far right of these grids which you use to compare to see if there is consistent individual currency strength or weakness. . First of all make sure you have downloaded the metatrader platform and set up the free trend indicators that we provide to all forex traders and clients. Gregs TJS is easy to use as well.
That would encourage you to do a more thorough analysis on that currency to see if what pairs can be part of your daily trading plans. Ive never been a big Excel guy, so I had to use brute force to get some things done. By conducting a daily forex market analysis this way, the analytical method we use matches the trade entry method we use, so everything in our trading system is consistent. There are drop down boxes in each time frame that allow you to identify and fill in the trends. . Individual Currencies Versus Pairs, every currency pair consists of two separate currencies, each currency has different properties. This is the trade tracking solution that I personally use, and Ive been very satisfied with Gregs product so far. Its simply QTY (column E) divided by Bought (purchase price).