Download MetaTrader 5

Searching for strength indicator

To add comments, please log in or register
Ingvar Engelbrecht
4506
Ingvar Engelbrecht  

I had, but lost it.

An indicator showing the majors as differntly colored graphs in a window. Been looking around but not found one.

code, free or reasonably priced

Francis Dogbe
9503
Francis Dogbe  
Are you talking about currency strength?
Ingvar Engelbrecht
4506
Ingvar Engelbrecht  
Francis Dogbe:
Are you talking about currency strength?

  Yes.  Basically it should show a currencies relative strength visavi the other over a time period.

   So you pick a currency that shows relative strength agains a majority of the other currencies and one that shows weakness

these 2 currencies is the pair to trade.

Alexander Voronkov
20583
Alexander Voronkov  
Ingvar Engelbrecht:

  Yes.  Basically it should show a currencies relative strength visavi the other over a time period.

   So you pick a currency that shows relative strength agains a majority of the other currencies and one that shows weakness

these 2 currencies is the pair to trade.

Did you speak about that?

 

PRADIP RUPARELIA
4106
PRADIP RUPARELIA  
Should it be made my amateurs or real traders?
Stanislav Korotky
20381
Stanislav Korotky  
Try this one - https://www.mql5.com/en/articles/1472
Practical Application of Cluster Indicators in FOREX
Practical Application of Cluster Indicators in FOREX
  • 2007.09.03
  • Simeon Semenych
  • www.mql5.com
Cluster indicators are sets of indicators that divide currency pairs into separate currencies. Indicators allow to trace the relative currency fluctuation, determine the potential of forming new currency trends, receive trade signals and follow medium-term and long-term positions.
Zuhaib Ahmed Malik
615
Zuhaib Ahmed Malik  
currency strength meter?
To add comments, please log in or register