Did you know: you can also control the slider with the keyboard for even more precision! After dragging the thumb, or simply clicking it, it will be selected, which is shown by a glowing outline. When the thumb is selected, you can use the following keys for control:
- Arrow Up/Down will move the thumb by one time step
- Page Up/Down will move the thumb by ten time steps
- Pos1/End will move the thumb directly to the start/end of the time range
Below the Presets you will find the Interval controls. Currency Strength can be measured dependent on different period lengths. Since markets are fractal, we might see short term strength in a generally weak market and vice versa. To allow you to leverage the Strength Analysis for your Trading, the period length that Strength is measured over can be configured. If you are interested in short term opportunities, you will want to stick to the lower, minute-based Intervals, while Traders holding positions for multiple days or even weeks would likely want to use the daily measurements.
Be aware though that markets are noisy. The shorter the time frame you select, the more the Strength measurement will move around and it might get harder to interpret the readings. When in doubt, you should stick to the medium to higher time frames.