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Currency Strength Meter Pro Graph for MT5

Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU.


By default the strength value is normalised to the range from 0 to 100 for RSI algorithm:

  • The value above 60 means strong currency;
  • The value below 40 means weak currency;


This indicator needs the history data of all 28 major currency pairs and 9 timeframe. History data will be downloaded automatically as indicator will be started.


This Currency Strength Meter supports many powerful features:

  • Currency Strength Meter Graph (shows strength of currencies with graphic lines and labels near to lines or at corner of graph);
  • Graph lines styling for chart symbols and other symbols;
  • Allows to calculate average currency strength from specified timeframes;
  • Searching tradable pairs by several algorithms (allows to find strong and weak currencies and show them at table as tradable pairs, you do not waste your time to do this calculation manually);
  • Powerful notification manager:
    • Notifications by crossing level (levels and timeframe is set by formula);
    • Notifications by crossing lines (timeframe is set by formula);
    • Notifications when new tradable pair is found (tradable pairs are found by formula);
    • Notifications about CSM state;
  • Many algorithms for calculation of strength of currencies (RSI, CCI, RVI, MFI, Stochastic, DeMarket, Momentum);
  • Powerful tradable pairs search engine by expression;
    • Min difference between strength of strong and weak currencies;
    • Min strength level for strong currency and weak currency;
    • Max difference between strength of strong and weak currencies;
    • Moving averages alignment;
  • Coloring of any object of Currency Strength Meter;
  • History line (allows to get Currency Strength Meter value for particular time in history, it helps to backtest your trading strategy with using Currency Strength Meter);
  • Moving average smoothing (allowed to smooth result with specific algorithms);
  • Latency (allowed to calculate currency strength with specified interval, thus it takes less time for calculation);
  • Allows to show data only for specified currencies (chart pair, market watch pairs, all currency pairs);
  • User-friendly interface;
  • High resolution screens support (4K);

Currency Strength Meter Pro for MT5 (Contains dashboard and graph): https://www.mql5.com/en/market/product/49323

Currency Strength Meter Pro Dashboard for MT5 (Contains only dashboard): https://www.mql5.com/en/market/product/49325

Current Indicator for MT4: https://www.mql5.com/en/market/product/48584


Join   Take profit Telegram channel to get latest news and updates.


If you want new feature contact me please.


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Version 2.12 2021.04.05
Fixed indicator buffer index out of range error for some CSM Algorithms.
Version 2.11 2021.03.31
Fixed tradable pairs finder for MA alignment algorithm if Gold is enabled.
Version 2.10 2021.03.29
Added bearish or bullish description next to tradable pair for Currency Strength State Notification.
Added new DM (Difference max between currencies' strength) algorithm for tradable pair search engine.
Added Moving Averages Alignment algorithm for tradable pair search engine.
Fixed D (Min Difference between currencies' strength) algorithm for tradable pair search engine for (CCI, RVI and Momentum algorithms).
Fixed indicator initialization if cross level expression is empty at indicator properties.
Version 2.2 2020.12.31
Added possibility to use multiple tradable pairs finders.
Added tradable pairs state to Currency Strength State Notification.
Version 2.1 2020.11.20
Fixed sending Tradable Pairs notification.
Version 2.0 2020.11.17
Added high resolution screens support (4K).
Added User Interface (UI) scaling and Font scaling.
Added support of strength identification for Gold.
Added possibility to get notification once N period candle is closed.
Added expression based notification for levels crossing, which allows to get notifications when there is a cross on many different timeframes all at once.
Added averaging CSM values for different timeframe for tradable pairs finder.
Added support for all timeframes (M1,M2,M3,M4,M5,M6,M10,M12,M15,M20,M30,H1,H2,H3,H4,H6,H8,H12,D1,W1,MN1,Current).
Added new Currencies Strength State Notification which shows strength of all currencies as N period candle is closed.
Added averaging CSM values for Currencies Strength State Notification.
Improved history data loading. It allows to show indicator data more faster if history data is missed.
Improved logging at notifications area.
Fixed delay of dashboard data updating after timeframe switching.
Fixed not sending of notifications on some conditions.
Fixed typo mistakes.
Version 1.10 2020.07.09
Added auto detection of symbols suffix.
Added highlighting of graph lines for current chart instruments.
Added scale ration parameter for RSI algorithm.
Fixed showing of graph lines if selected "Chart Symbols" for "Symbol Type" property.