There are quite many currency strength meters out there - some free or open sourced - some sold for money and close sourced. Which is your favorite one and why?
My favourite CSM is the FXMCSM, its a 28 pair currency strength meter desktop app that uses metatrader 4 DDE to show the currency strengths for all the currencies, with daily pip counts, currency direction and trade indicators. I use it and trade when the 'trade indicators' are green using 14 and 50 SMAs on my 1 hour charts for trade confirmations.
My favorite Currency strength meter is megatrendfx , because its free to use and Future Currency Strength Meter for MT4.