Market / MetaTrader 4 / Indicators /

Moving Average Currency Strength Meter

199 USD

Demo downloaded: 1 944

Published: 12 December 2018

Current version: 1.8

Moving Average Currency Strength Meter

4.36

Indicators
Emir Revolledo
Version: 1.8
Updated: 21 August 2020
Activations: 5

(Currently 30% OFF)

Before reading the description of this indicator, I just want to introduce to you following concept

Moving Average Line - Typical moving average which is based on one chart alone.

Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line.

Moving Average indeed is one of the most popular indicator which almost every trader use.

Currency Strength Meter is also a trend indicator which is based on multiple currencies.

Moving Average Currency Strength Meter is a one chart indicator which gives you the Moving Average with algorithm of Currency Strength Meter.

The BLUE line is the normal MOVING AVERAGE LINE which every trader use. While the RED line is the CURRENCY STRENGTH LINE.

Indicator Parameters

MACD Settings

Tweak Timeframe
Moving Average TIMEFRAMES- Choose the timeframe you want from M1 to MN
Currency Line Period - Input PERIOD for Currency Line *NOTE: putting "zero" means the current candle. Example: D1 with period 0 means the strength on current D1 candle
Moving Average Line Period - PERIOD for Moving Average
Method - Moving Average Method
Moving Average Shift - Shift of line for your moving average
Price - Choose what type of price to be used
PIPS CROSS - Difference between Moving Average Line and Currency Strength Line to tell whether a pair is trending or crossing

DISPLAY SETTINGS

Font - Edit Font
Show or Hide Strengths, Trends and Moving Average
Currency Colors
Signal Colors
Line Colors
X and Y-axis of Objects

ALERT Settings

Alert based on - Choose between Time Interval based or a Change of Direction based alert.
Type of Alert - Choose to get alert from Market Direction, Currency Strength or Both
Market Direction Alert - Give alert just on trending pairs, crossing pairs, waiting pairs or alert on all Directions
Computer Alert - This is a CHART alert. Choose if you want to get alert by chart's pair only or by all pairs
E-mail Alert - This is a MAIL notification alert. Choose if you want to get report by chart's pair only or by all pairs
Mobile ALert - This is a metatrader app phone alert. Choose if you want to get alert/report by chart's pair only or by all pairs
Alert me at - Choose what time you want to get your alert.
ALERT INTERVAL - Hours Interval you will receive your next Alert
MAX CANDLE - This will limit or control the maximum candles to be analyzed. Limiting the number of candles is made to avoid lags or hangs on the your. This will prevent your MT4 to hang due to high load. Imagine how much calculation the indicator is doing for 2500 candles on 28pairs.

more...

292

Najseattle7 2022.06.06 04:45 #

This is a fun indicator. I made a nice strategy using envelopes around the blue MA and angles of both the MAs. This indicator can do some cool things

7008

Frank Paetsch 2021.09.22 00:33 #

good Indicator

245

4example 2020.12.18 01:12 #

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Currently at 33% discount! MACD is one of the most popular momentum and trend indicator. Currency Strength Meter is also a trend indicator which is based on multiple currencies. MACD Currency Strength Meter is a one chart indicator which have the algorithm of MACD and Currency Strength Meter. It also have one-click feature, in which 28 major and minor pairs are shown on your dashboard, by clicking a certain pair, your chart will change automatically to the chart of your choice. Product Adva

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Fibonacci Currency Strength Meter (FCSM) Early Access Sale!! This new product is still in the process of adding new features and settings. For early bird buyers. The Price will be 50% Sale. In a few weeks, the product will be done. Go Grab your copy while it's still cheap. More details will be added soon. Things to be added. Alert Levels Mobile and Email Alert From it's name, Fibonacci Currency Strength Meter is a combination of Fibonacci levels and Currency Strength Meter. The plot of Fib

60 USD

*NOTE : 40% Discount for early buyers! Release of Free EA will be 2nd week of November Discount is over once FREE EA is available RSi indicator is one of the most popular indicator to point when a certain commodity or Pair is overbought or oversold. Currency Strength Meter is also a trend indicator which is based on multiple currencies. RSi Currency Strength Meter is a one chart indicator which have the algorithm of RSi and Currency Strength Meter. It also have one-click feature, in which 28 m

199 USD

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292

Najseattle7 2022.06.06 04:45 #

This is a fun indicator. I made a nice strategy using envelopes around the blue MA and angles of both the MAs. This indicator can do some cool things

7008

Frank Paetsch 2021.09.22 00:33 #

good Indicator

245

4example 2020.12.18 01:12 #

593

Ferrari888 2020.09.23 11:55 #

Отличный индикатор очень помогает в торговле. Главное следовать правилам.Спасибо за хорошую работу Эмир

8870

Aravind Kolanupaka 2020.05.18 04:44 #

Good

270

Mahmoud A Kamaleh 2019.09.25 22:29 #

User didn't leave any comment to the rating

855

Yebo Lu 2019.09.23 13:10 #

bravo !

686

Henry Setiawan 2019.09.19 11:20 #

This indicator is great. Now I trade more safe & confident, without a dangerous technique like martin, averaging, etc. I think Emir should make this forum more live, because everyone in here wanna see & learn what strategy we are using with this indicator.

579

Qun Li 2019.08.20 05:00 #

very good

Forex 101 2019.08.18 13:11 #

I'm not sure why people are giving out bad reviews on this one when you can surely earn $$$. I just started last Friday and already paid off the rental amount. I will surely get the permanent license and continue to earn. This system is a lifesaver thank you Emir! God bless you!

105

AgeTrader 2019.08.18 02:13 #

User didn't leave any comment to the rating

292

jayosworld 2019.08.16 09:34 #

Wow! Just rented for a month a few hours ago and already had valid signals. I am up in profit already! Just watch the videos on how to fix your charts (it's pretty easy) and you'll do just fine! I'll update my review after a month to show how my trades went.

478

Christopher Christian Kobiela 2019.08.08 22:03 #

Great indicator, already gave me some pips! Would you please add me to your Facebook Group? Thanks!

223

Hiroaki Takahashi 2019.08.07 04:33 #

I want to join your group facebook ! Nice indicator

445

vollmerama 2019.07.12 21:51 #

Im amazed. Today it showed clearly on H1 that EURUSD was going to go Long. And it did Amid some other indicators pointing towards short trade. Good Job!

645

Ravi Luke 2019.07.12 06:08 #

Great indicator. With good money management you can get good returns.

8903

sunnychow 2019.07.10 16:34 #

User didn't leave any comment to the rating

[Deleted] 2019.07.06 08:18 #

User didn't leave any comment to the rating

834

Mohamed Ah M A A El Gharabawy 2019.03.22 18:08 #

It’s is a very smart system , and if used correctly with correct money management it can be very profitable , the good trades tend to continue for longer times while the bad trades are exited quickly. So the overall is in the positive.

The developer is great , he is always responsive quickly , and he does his best to solve any problem.

I whole heartedly recommend this indicator.

133

kennyschuble 2019.03.13 22:57 #

Full disclosure I am not trading real money yet. But this indicator looks AWESOME in demo and if you get full purchase you get access to the Facebook were people are posting trades and making money. The biggest point from people in the FB group seems like the easy of use and the amount of pips or % they are making ! One person said it correctly that if there ever was a single indicator system this is it! Let me also make this point, and to make a long story short. Emier went way above and out of his way to help me with some technical issues. So you wont get any better service ! Without him I would not be up and running. Let's also not forget the one on one you get with him about the indicator to make you you understand it all. I was already trying to put together a system of currency strength with moving averages but then he came out with this and did the work for me...lol.......Thanks Emir !

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Version 1.8 2020.08.21

Arrow signals on charts are now available

Version 1.7 2020.02.26

Button Length and Width can now be edited

Version 1.6 2019.07.07

No major changes. This is just a reminder to DEMO-version users that back test result is not accurate. This means that the lines of backtest is different from forward testing(rented or licensed)

*Note: The limitation of backtest is that it can only test one pair at a time. So if it test a multi-currency indicator like this, results are not accurate.

Version 1.5 2019.06.20

Added Options to Show or Hide Currency strengths, trends or moving average

Version 1.4 2019.03.19

Text Color Added

Version 1.3 2019.01.31

Moving Average and Currency Strength Line can now have different periods.
Shift Parameter is only for Moving Average

Version 1.2 2018.12.19

Back Test can now be used, but only December 2018 onwards won be allowed for back testing
Alerts can now be either Time_Interval or when there's a change in Market Direction
Moving Average Shift is added for Moving Average Line.

Version 1.1 2018.12.13

Minimal change just on comment section when user's mt4 have missing data.