Market / MetaTrader 5 / Indicators /

TMA Currency Meter MT5

97 USD

Demo downloaded: 17

Published: 25 June 2025

Current version: 3.0

TMA Currency Meter MT5

Indicators
Paul Geirnaerdt
Paul Geirnaerdt
Trader & Developer at Deltabron

Netherlands

21660
4 (93)
For most of my years I have been a software developer, analyzing and coding complex systems such as large scale risk analysis and management projects.
This was a great advantage when I started to develop indicators and EA's for Metatrader in 2007.

21 products 1 topic 3 comments
Version: 3.0
Activations: 10

TMA Currency Meter is the ultimate currency meter. Based on the Triangular Moving Average of all available symbols, this indicator shows which currencies are strong, strengthening, weak or weakening. Experienced as well as novice traders will see the strong and weak currencies in the blink of an eye, and know which trade possibilities to explore further.

TMA Currency Meter is a true Multi Timeframe indicator. It is easy to show the currency strengths for a higher timeframe than the chart timeframe.

The real power of this indicator shows when it is set to display only the currencies of the chart the indicator is attached to. It will show both strong and continuation buy and sell signals, as well as the up or downtrend.

The currency strengths are processed by a discretionary system to produce signals of strong moving currency pairs. All symbols with a signal are shown.

Besides the currency strengths, TMA Currency Meter shows the TMA Slope of the current symbol. This means extra confirmation signals are shown.

An earlier version of TMA Currency Meter is in use by some of the best MT4 traders around. They find this indicator to be a great addition to their trading arsenal.

What can you use TMA Currency Meter for:

Find strong and weak currencies
Find signals for symbols with strong moving currencies
Find signals for the TMA Slope of the all symbols
Use any timeframe
Use any higher timeframe than the chart timeframe
Show buy and sell signals
Show up and downtrends
Show currency crosses
Show strong, weak or normal crosses

Settings

The settings of TMA Currency Meter can be intimidating. Keep experimenting, there is nothing to break.

Use major symbols from Market Watch window? - set to true to calculate all the symbols in your Market Watch window.
Symbols to use: - comma-delimited list of symbols if preceding setting is false.
Show chart symbol only? - set to true if you want to unlock signals for the current symbol.
Timeframe to use: - select the timeframe to calculate the values to, must be the current timeframe or higher.
TMA Slope for current symbol? - set to true to show the TMA Slope line for the current signal.
Show CSS value & signals table? - set to true to show a table with currency values and all signals.
Difference threshold - set to the difference between the two strengths of the currencies of the current symbol to show the up or downtrend.
Signal zone bandwidth - set the bandwidth of the green background bands, these are the bands in which signals are found.
Alerts - Set to true to enable alerts, 'Do Alerts?' is a master switch for all alerts.
Currency names - set individual currencies to true if you want to show them.
Color palette - set to Light or Dark according to your preferred background color.
Colo(u)rs - you know what to do.

If in doubt, start with the default options. Next option to try is 'Show chart symbol only?'

Table

The information table on the left hand side shows the following information:

Currency name and color
Currency value
Value direction - shown in bold and color if the movement is strong
Movement signals - symbols for which the currencies move strong within the bandwidth
TMA Slope signals - symbols for which the TMA Slope moves outside their currency values, use for confirmation.

Caution! TMA Currency Meter crunches numbers for the history of all your symbols. It is resource hungry and can put a dent in the performance of your trading station. That said, any not-too-old PC will do.

Loose Ends

If you run in any problems, try to load some history for all your symbols before dropping TMA Currency Meter on your chart.

Do not hesitate to contact me. Let me know what you think of TMA Currency Meter. Only with your help, I can create better tools for MT4.

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Pivots is an indicator to show pivots for relevant time frames. Besides the pivots the indicator can also show daly open line, the resistance and support levels, the ADR Fibonacci levels and the order of the pivots. Pivots includes an intelligent algorithm to eliminate Sunday candles, but only if your broker provides those. Pivots are significant price levels that may serve as support, resistance or breakout levels Settings textFont - font to use for the labels. textSize - font size. textColor -

30 USD

The Inside Bars indicator shows Inside Bars, the Breakout Zone and Breakouts thereof. Inside Bars are an important price action pattern. The price action of an Inside Bar is completely covered by the price action of the previous bar. Inside Bars are most often used on higher timeframes. Settings Inside Bars default settings are good enough most of the time. Feel free to fine tune them to your needs. ATR factor to skip large candles - very large candles should be filtered as they often cover othe

30 USD

The Candle Patterns indicator shows popular candle patterns on the chart. The possible patterns are Inside Bar, Large Wick, Engulfing, Marubozu, Hammer, Shooting Star, Three White Soldiers and Three Black Crows. Candles are colored to easily identify the patterns. Also, a point and click function displays the pattern found. Settings Message box - when a candle is clicked, the pattern identified will be shown in a Message Box on the charts. All 'Message Box' settings pertain to the box. Show Ins

30 USD

Better Support & Resistance shows the best support and resistance lines and zones. It is based on Fractals with the factor of your choice. All fractals are assembled, weighted, extended and merged into a clear set of support and resistance lines. The immediate nearby lines are shown as zones when price is in that zone. Better Support & Resistance gives you the best overview of the important price levels. Settings Better Support & Resistance's default settings are good enough most of the time. N

30 USD

The Engulfing Bars indicator shows Engulfing Bars, the signal and the suggested stoploss and take profit. Engulfing Bars are an important price action pattern. The price action of an Engulfing Bar completely covers the price action of the previous bar. Engulfing Bars are most often used on higher timeframes. Settings Engulfing Bars default settings are good enough most of the time. Feel free to fine tune them to your needs. Show Engulfing Bars - Set to true to show Engulfing Bars. Body size per

30 USD

The Flying Volume indicator is a specialized volume indicator. It deciphers the volume data after heavy proprietary number crunching. When a main signal is found Flying Volume will look for possible continuation points. The main signal is shown by arrows, the continuation points by dots. Volume indicators are most often used on higher timeframes. Features Main Buy or Sell signals Continuation signals No repainting One signal per bar Settings Flying Volume default settings are good enough most

30 USD

Fractalicious shows Fractals of any length, higher or lower highs and lower of higher lows, the fractal channel and the breakout of the channel. Fractals are an important trend and price action pattern. Fractalicious can be used on any timeframe and symbol. Settings Fractalicious default settings are good enough most of the time. Feel free to fine tune them to your needs. Show last fractal - Set to true to show fractals from the last completed bar. (This could move the fractal if the current ba

30 USD

Breakout Hero is a Multi Symbol , Auto Timeframe , Breakout Expert Advisor . It recognizes breakout patterns and will set pending trades. When triggered Breakout Hero will monitor trades and adjust the stop loss. Breakout Hero is a multi symbol EA, it will trade EURUSD, GBPUSD, USDJPY and USDCAD. Also, Breakout Hero is auto timeframe. Just drop Breakout Hero on any chart and start trading. Only one chart is needed, Breakout Hero will trade the symbols you pick from the settings. You can monitor

99 USD

Dark Rider is a Night Scalper Expert Advisor . It recognizes overbought and oversold conditions in the hours after close of the New York Exchange and trades accordingly. Dark Rider features an on screen monitor and settings panel on which you can monitor your status and progress. A signal for Dark Rider can be found here . New in version 1.5 The option 'Stay in trending trades' is new for version 1.5. It will keep you in trending trades. Profitability has been increased while drawdown has bee

149 USD

Diverence Dash is a MACD, RSI, OBV, Momentum, Stochastic or Standard Deviaviation Divergence Dashboard. It will scan all symbols and timeframes you want. Also, Divergence Dash can open charts with the divergence found using the template of your choice. Divergences are often used as a leading indicator and, by using Divergence Dash, are easy to spot. The risk/reward ratio in divergence trading is very low. What can Divergence Dash for you: Find MACD, RSI, OBV, Momentum, Stochastic or Standard Dev

59 USD

NEWS Price increased to $249 from $149 on September 16th. Buy Fusion Trader v2 and get Donchian Trader for free. (limited to 3 account numbers) Fusion Trader v2 is a Multi Symbol , Auto Timeframe , Expert Advisor . It features several strategies for different symbols and timeframes. Fusion Trader will monitor trades and adjust the stop loss. Fusion Trader v2 is a complete rewrite from v1, it trades different and more symbols. With default settings Fusion Trader has gained 5% monthly on ave

249 USD

Donchian Trader is a Multi Index , Auto Timeframe , Expert Advisor . It features a Donchian Channel strategy for different indices on the daily timeframe. Donchian Trader will monitor trades and adjust to market conditions. Donchian Trader is a multi index EA, For now, it will trade the Dow Jones (US30), S&P 500 (US500) and DAX (GER30). Also, Donchian Trader is auto timeframe. Just drop the EA on any chart and start trading. Only one chart is needed, Donchian Trader will trade the indices

249 USD

MonsterDash Harmonics Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for tho

169 USD

Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and AB=CD patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced by H.M.

99 USD

NEWS Price v4 now $799 for a limited period. Fusion Trader v4 is a Multi Symbol , Auto Timeframe , Expert Advisor . It features several strategies for different symbols and timeframes. Fusion Trader will monitor trades and adjust the stop loss. Fusion Trader v4 is a partial rewrite from v3, it trades differently and more symbols. The Scalping system now uses market orders instead of stop orders. It is 100% Metatrader 5 compatible. Fusion Trader v4 is a multi symbol EA, For now, it will tra

799 USD

Momentum Horizon is a fully automated trading system for MetaTrader 5, designed to trade breakout movements in the Gold market. It combines two price-action setups: a daily breakout based on the previous day’s high and low, and an intraday breakout based on the price range formed during the six completed H1 bars preceding the configured London breakout hour. Breakout levels can be calculated from either candle wicks or candle bodies. An optional buffer can be added beyond each level to reduce e

169 USD

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TMA Currency Meter MT5

Paul Geirnaerdt

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