Currency Strength28 is a very useful multi currencies and MTF solid indicator in order to select the best candidates pairs to trade at any time. It allows to prepositioned the strongest opportunities...
Advanced Dashboard for Currency Strength and Speed
More and more traders enjoying its features.
What is very unique on the dashboard is the "TREND" values (left column).
This information is not available on any of my other indicators.
The "TREND" value is calculated over all timeframes including currency strength AND currency speed from M1 until Monthly timeframes.
Now you can quickly filter which currencies have momentum and what direction.
Try to find a trade which agrees with TREND.
The absolute value should be a difference of at least 800 between 2 CS and each CS should have at least 200/-200.
For example, you see highlighted TREND for JPY and AUD with +695/-608. It would clearly fit in our rules above.
There is also GBP +403 which could pair with AUD -608.
There is also CAD -322 which could pair with JPY +695.
But EUR -21 is too flat as it is CHF +20. Those have no clear sentiment.
And NZD -271 with USD +255 do not diverge with 800 difference.
This info is used as TREND to give you a guide to filter pairs and directions.
It is not a trade entry signal itself. How to find a trade by looking at a single (or 2) timeframes is described a lot in my blogs.
Get the complete Market overview of Currency Strength with
Advanced Dashboard for Currency Strength and Speed (MT4)
User manual: https://www.mql5.com/en/blogs/post/708783
Get it here: https://www.mql5.com/en/market/product/25461
More info please request via email on email@example.com
This Indicator is part of a Kit. At least one duo with Advanced Currency Strength28. Advanced Currency Implulse with Alert is very reactive to the market, quickly and accurately signaling changes in...
When the forum looks quite the development runs hot!
Recently many indicators have been updated.
+++++++++++++++++ MT4: +++++++++++++++++
The two brothers ACS28 and Impulse have been updated to be compatible with CS28 Combo Signals. With MT4 the complete suite is ready.
Currency Strength Exotics have been updated with dynamic Market Fibs.
+++++++++++++++++ MT5: +++++++++++++++++
ACS28 and Impulse MT5 were updated to make equations faster and added dynamic Market Fibs.
(Ohhh did I say Impulse MT5 with dynamic Market Fibs??? Yes, indeed.)
Actual job is now to upgrade Advanced Supply Demand MT5. This will take more time.
Do not think that jobs are done in a few hours or days. It takes weeks at least. Reviewing thousands of lines of code. Implementing new functions, optimizing, testing, reviewing again and repeat... that's how high-quality products are coming from.
These are the 4 most important documentations to study:
The Trading Strategy: https://www.mql5.com/en/blogs/post/679077
User manual ACS28: https://www.mql5.com/en/blogs/post/697384
User manual Impulse: https://www.mql5.com/en/blogs/post/697135
User manual Advanced Supply Demand: https://www.mql5.com/en/blogs/post/720245