Multi Currency Strength Dashboard PRO

Currency strength meter and dashboard for MetaTrader 5

This currency strength indicator reads up to 28 forex pairs and turns them into one number per currency, for the 8 majors: USD, EUR, GBP, JPY, CHF, CAD, AUD and NZD. It combines a currency strength meter, a multi-timeframe agreement matrix, a strength history sparkline per currency, a best and worst pair finder, a 28 pairs differential panel, CSV export, one-click chart switching and configurable alerts, in a single dashboard on your MetaTrader 5 chart. Three calculation engines are available: price change, RSI momentum, and a hybrid of both.

What you see on the chart

• A ranked strength bar for each of the 8 currencies, with its percentage
• A multi-timeframe matrix: three timeframes per currency, side by side, so you see whether the short term agrees with the higher timeframe
• A strength history sparkline on every row: the last 15 readings, so a currency that is gaining is not confused with one that is giving back
• Best pairs: the widest strength differentials, ranked. Click one and its chart opens
• Pairs to avoid: two currencies moving together leave nothing to trade, and they are listed rather than hidden
• A 28 pairs panel, one click away, with every differential at once
• A CSV export of the current readings, written to your MQL5 Files folder
• A different alert sound per event, so you know whether a currency turned strong, turned weak or a pair appeared, without looking at the screen, and a compact mode that folds the panel down to its header

How to use it

1. Drop the indicator on any chart. It reads the market, not the chart symbol
2. Check the Pairs line at the bottom of the panel: it should read 28 on a broker offering the majors and minors
3. Set the calculation timeframe and period to match how you trade: M15 to scalp, H1 intraday, H4 to swing
4. Look for a wide gap between a strong currency and a weak one, then check that the three timeframe squares agree
5. Take the setup to your own chart and your own rules: this panel filters, it does not trade

User guide included: ask for it by message in the MQL5 chat.

Settings

Calculation: CalculationMode (price change, RSI momentum or hybrid), CalculationTimeframe, CalculationPeriod, RSI_Period, UseMultiTimeframe, SmoothResults, SmoothingPeriod. Multi-timeframe matrix: ShowTFMatrix, TF1, TF2, TF3. History: ShowSparklines. Dashboard: ShowDashboard, PanelX, PanelY, PanelWidth, BarWidth, FontSize, colours for strong, medium and weak. Broker symbols: SymbolSuffix, SymbolPrefix. Display: UIScalePercent. Pairs: ShowBestPairs, MinStrengthDiff, ShowWorstPairs. Alerts: EnableAlerts, AlertOnStrongCurrency, AlertOnWeakCurrency, AlertOnBestPair, EnablePushNotifications, EnableSoundAlerts, SoundStrong, SoundWeak, SoundBestPair. DashboardMinimizable.

Compatibility

MetaTrader 5, any broker offering the major and minor forex pairs. Symbols carrying a suffix or a prefix, such as EURUSD+, EURUSD.raw, EURUSD.a or mEURUSD, are resolved automatically from your own chart symbol, and a SymbolSuffix input is there if a broker uses an unusual naming. The panel scales with the Windows display scaling, is dragged by its header and remembers where you put it. The indicator reads price data only: it places no orders. A native MetaTrader 4 version exists under the name Multi Currency Strength Dashboard PRO MT4.

Questions

Send me a message here on MQL5. I answer, with no time limit.

Trading involves risk of loss. This indicator is an analysis tool, not trading advice.