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Indicator: 2 EZ TRADING SYSTEM – Secured.ex4 (Unlocked), Template: 2 EZ TRADING SYSTEM.tpl, Libraries: SuperEZForexLib.ex4, NO MANUAL.
Simply Check the 2EZ Strength Meter to See Who’s Currently in Control of the Markets and Trade Accordingly
The 2EZ Strength Meter is a powerful tool that helps you easily determine market sentiment—whether buyers or sellers are in control. By using this tool, you can make better-informed trading decisions and align your trades with the prevailing market trend.
Example #1: Sell Trade Example — EURCAD
Context: The 2EZ Strength Meter clearly indicated that the sellers were in control of the EURCAD market.
Step 1: Check the 2EZ Strength Meter.
The meter showed that the selling pressure was higher than the buying pressure, signaling that sellers were dominating.
Step 2: Confirm Market Conditions.
After observing the meter, you could easily identify that the market was trending down. Sellers had the upper hand, and the market sentiment was bearish.
Step 3: Take Action.
With the information from the 2EZ Strength Meter, a sell trade on EURCAD was a clear choice. This trade was aligned with the market trend, which improved the chances of a successful outcome.
Outcome: Following the signal, the trade likely profited as the market continued to move downward, with sellers maintaining control.
By regularly checking the 2EZ Strength Meter, you’ll have an accurate view of the market sentiment, allowing you to make trades that are in sync with the current market trend.
Example #2: Buy Trade Example — AUDJPY
Context: The 2EZ Strength Meter clearly indicated that the buyers were in control of the AUDJPY market.
Step 1: Check the 2EZ Strength Meter.
The meter showed that buying pressure was much stronger than the selling pressure, signaling that buyers were in control.
Step 2: Confirm Market Conditions.
By observing the meter and analyzing price action, it was evident that the market was trending upward, and buyers were driving the price higher.
Step 3: Take Action.
Given the strong bullish sentiment shown by the 2EZ Strength Meter, entering a buy trade on AUDJPY was the logical decision, as the market was favoring the buyers.
Outcome: With the market in an uptrend and buyers in control, the buy trade on AUDJPY would have likely resulted in profits as the price continued to rise.
By following the signals from the 2EZ Strength Meter, you can confidently align your trades with the prevailing market trend, enhancing your chances of successful trades.
Example #3: Sell Trade — USDCHF
Context: Using the 2EZ Strength Meter, it was clear that the sellers were in control of the USDCHF market, making it an ideal opportunity to take a sell trade.
Step 1: Check the 2EZ Strength Meter.
The meter displayed a strong indication of selling pressure dominating the market, confirming that sellers were in control of the price movement.
Step 2: Analyze the Trend Strength.
The 2EZ Strength Meter revealed a 100% non-repaint signal, providing a true and accurate reading of the market’s trend strength, ensuring that there was no second-guessing involved.
Step 3: Confirm Market Conditions.
With the meter isolating the trend strength for the USDCHF pair, it was clear that the downward momentum was strong across individual timeframes. This provided a perfect opportunity for a sell trade.
Step 4: Take Action.
As the 2EZ Strength Meter confirmed the dominant selling strength, entering a sell trade for USDCHF was the optimal decision to ride the downward movement.
Outcome: With the market clearly in a downtrend and sellers in control, the sell trade on USDCHF would likely have been a profitable move, as the strength meter ensured the direction was confirmed and the guesswork was removed.
This method is designed to complement any trading chart setups and provides a clear, easy-to-follow way to trade effectively, regardless of experience level. Whether you’re a beginner or an advanced trader, the 2EZ Strength Meter simplifies the decision-making process and ensures you’re trading with the correct trend direction.
