475# The Currency Power indicator
Submit by Buddy 06/08/2013
Time Frame H1 or higher, best time frame Daily.
The Currency Power indicator is a unique indicator designed to see the 'big picture' of the market, by estimating the strength of each currency. By looking at a currency instead of a currency pair, you can evaluate the relative effects of movements in all the pairs rather than in one pair only.
Each line represents the power of a currency:
Signals can be generated when the lines cross. Ex: when the Blue line crosses the Red line, it indicates that EURO is stronger than POUND and therefore the EUR\GBP should go up.