# How to calculate Absolute Currency Strength

87

Hello Everyone,

How I can calculate Absolute Currency Strength.

Thank you very much

How to trade with Relative (RCS) and Absolute (ACS) currency strength
• Peter
• www.articlesbase.com
4565

hi;

what is your suggestion for " high, low " time frame ?

if we use D1 time frame to take ( high,low ) and then calculate " Total Strength " , and then use it for our signal in h4 time frame, is it good?

87

TIMisthebest:

hi;

what is your suggestion for " high, low " time frame ?

if we use D1 time frame to take ( high,low ) and then calculate " Total Strength " , and then use it for our signal in h4 time frame, is it good?

I don't think so. the total strength calculated in the excel file is Relative Strength also

<REMOVED BY MODERATOR>

this website calculates absolute strength. but I couldn't run it.

87

TIMisthebest:

hi;

what is your suggestion for " high, low " time frame ?

if we use D1 time frame to take ( high,low ) and then calculate " Total Strength " , and then use it for our signal in h4 time frame, is it good?

As far as I know Absolute strength can be calculated using close prices.

I put all the 8 currencies in a matrix like below:

USD EUR AUD CAD JPY NZD CHF GBP

USD 1    x1    x2    x3   x4     x5    x6   x7

EUR 1/x1  1

AUD .             1

JPY

NZD

CHF

GBP

which every item is close price of a pair currency

if a pair currency like USDEUR doesn't exist its value will be 1/EURUSD.

so the problem is finding every currencies value (I think using Eigenvalues).

10505

thanx for sharing.....
4565

thanx for sharing.....
10094

TIMisthebest:
thanx for sharing.....
Thanx for sharing once more
502

Doesn't a currency heat map estimate currency strength and weakness in a similar way
5837

Roler100:
Doesn't a currency heat map estimate currency strength and weakness in a similar way
Yes, a Currency Heat Map estimates currency strength and weakness in a similar way. Various implementation however uses different formulae in calculation.