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Currency Strength Index

Want to know if to go long or short on any currency pair? 5TT Currency Strength Index is the answer! 5TT Currency Strength Index is a unique indicator for determining the short-term strength of any currency.

Each currency strength is determined by an index of the currency with the strength of 7 other major currencies. The indicator is constantly monitoring price action across 28 currency pairs and 56 combinations; taking the following into consideration

  • Price volatility.
  • Short-term price range.
  • Short-term price action and candle formation.

How To Use

  • Always trade in direction of trend.
  • More than 3 green bars indicate strength and more than 3 red bars indicate weakness.
  • Combine weak currencies with strong currencies. This will always be a trending condition. For instance if AUD has 5 red bars (weakness) and USD has 5 green bars (strength), sell AUDUSD.
  • Avoid combination of strong vs strong or weak vs weak pairs. This will be a ranging condition.


  • Header Color: This is the color of the indicator text. Can be adjusted to suit chart background.
  • SymbSuffix: If the broker platform includes a suffix on currency pairs, please enter ONLY the suffix. If no suffix, leave blank. E.g. ETX will display EURUSD as EURUSDSB. Enter SB in this case.
  • ShowComments: Displays Relative Currency Strength percentages on the chart.
mlen77 2017.03.22 08:28   

This is very upsetting. Downloaded it already 4 times.

Bought the Currency Strength and downloaded it several times but the indicator does not appear. Just a black screen.

Why is my screen just black?

I am using Meta Trader 4 platform.

Your indicator is useless if that is the case. Please refund me because I am just on my ropes end!

Thank you,


foreal90 2015.07.20 09:54   

This indicator doesnt deserve even a one star rating,its poorly coded and doesnt do what it says in fact if you are not adept this indi will make you blow ur account in no time.why on earth should this crap tell me that USD is weak while in reality USD is actually trending upwards.

Version 1.3 2015.05.12
- Removed text 'Index' from each currency title
- Applied modification to code to reflect contribution from current day's price action