© TCL POWER METER

The “X-Ray” Vision for Forex Markets

In Forex, trading a single pair like EURUSD in isolation can be misleading. Is the Euro strong, or is the Dollar just weak? The TCL Power Meter solves this dilemma by measuring the intrinsic strength of all 8 major currencies (USD, EUR, GBP, JPY, AUD, NZD, CAD, CHF) simultaneously.

How It Works: Aggregated RSI Logic

Unlike simple correlation tools, the Power Meter uses a robust relative strength algorithm. For every currency (e.g., USD), it scans all 7 corresponding cross-pairs (EURUSD, GBPUSD, USDJPY, etc.). It calculates the Relative Strength Index (RSI) for each cross and averages the results.

• Score > 60 (Green): The currency is displaying significant strength across the board.
• Score < 40 (Orange): The currency is weak and under selling pressure.
• Score 40-60 (Blue): The currency is neutral or ranging.

How to Find High-Probability Trades

The most powerful Forex moves happen when you pair a Very Strong currency against a Very Weak one.

Example Strategy:

1. You check the Dashboard and see GBP is Strong (85).

2. You see JPY is Weak (20).

3. This indicates a high-probability Buy setup on GBPJPY, as the Pound is pushing up while the Yen is dragging down.

Why It Is Better Than Standard Charts

Standard charts only show you the relationship between two currencies. The TCL Power Meter gives you the context of the entire market. It helps you avoid “Neutral vs. Neutral” trades (which result in choppy, sideways price action) and focus purely on pairs with the highest momentum divergence.