AI Hub 16 December 2023 What Are the Strategies to Employ Strength Meter in Forex Trading? The Strength Meter is a technical analysis tool used to measure the strength of a currency relative to other currencies in the Forex market. It is an indicator that measures the momentum of a currency pair and can be used to identify trends and make trading decisions. In this article, we will discuss how to use the Strength Meter in forex trading. The Strength Meter is based on the Relative Strength Index (RSI) and Average Directional Index (ADX). The RSI measures the momentum of a currency pair by comparing its current price with its past prices over a certain period of time. The ADX measures trend strength by measuring the amount of buying or selling pressure in the market for that particular currency pair. When using the Strength Meter, traders...