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Ichimoku Strength Meter MT5

30 USD

Demo downloaded: 3

Published: 4 July 2026

Current version: 1.50

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Ichimoku Strength Meter MT5

Indicators
Thomas Steinmassl
Thomas Steinmassl
Austria

748
5 (2)
12 products 1 signal
Version: 1.50
Activations: 20

Ichimoku Strength Meter MT5 is a professional multi-timeframe dashboard indicator for MetaTrader 5. It combines currency strength, pair recommendations, Ichimoku trend bias, and moving average bias in one clean and easy-to-read panel.

The indicator analyzes the 8 major currencies:

USD, EUR, GBP, JPY, CHF, AUD, CAD, and NZD

It automatically calculates all 28 major currency pairs and ranks them by strength, trend direction, and signal quality.

Main Features

Multi-timeframe currency strength analysis
Scans all 28 major Forex pairs
BUY/SELL pair recommendations
Ichimoku multi-timeframe scan
Moving Average multi-timeframe scan
Consensus ranking for all pairs
ATR-normalized calculation
Broker prefix/suffix support
Draggable dashboard panel
Customizable colors, columns, and panel layout
Optional alerts for strong signals
Indicator only, no automatic trading
Works directly in the chart window

How It Works

The Ichimoku Strength Meter measures the movement of each currency pair across multiple timeframes. The movement can be normalized by ATR, which helps make different pairs more comparable and prevents volatile or JPY pairs from dominating the calculation.

The strength value is then assigned to the base currency and quote currency. This creates a clear ranking of the strongest and weakest currencies.

In addition, the indicator scans all 28 pairs using:

Ichimoku Tenkan / Kijun / Senkou Span
Moving Averages 5 / 10 / 20 / 50 / 100 / 200
Multi-timeframe weighting
Bullish/Bearish percentage display

Use Cases

This indicator is useful for traders who want to quickly identify:

which currency is currently strong
which currency is currently weak
which pairs show clear trend conditions
where Ichimoku and MA bias agree
which pairs may be interesting for trend-following, pullback, or breakout setups

Default Timeframes

By default, the indicator uses:

M15
H1
H4
D1

All timeframes, periods, and weights can be adjusted in the input settings.

Note

This indicator is an analysis and decision-support tool. It does not open trades automatically and it is not financial advice. Always test your strategy on a demo account first.

more...

Screenshot #1 Ichimoku Strength Meter MT5

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ReturnToOpen Pro EA is a fully automated Expert Advisor for MetaTrader 5 based on a classic Return-to-Open / Mean Reversion strategy . The EA uses the session open price as the main reference level and looks for extended price movements that may return back toward the opening price. The strategy can be useful for markets that often show short-term overextensions after the session open, such as DAX, indices, Forex, or other liquid instruments . How does the strategy work? The EA stores the sessio

PAC Trend Rider EA is a trend-following Expert Advisor for MetaTrader 5 based on the Price Action Channel (PAC) . The EA is designed to detect breakout and pullback opportunities around the PAC channel and can combine these entries with professional trend, volatility and risk management filters. This Expert Advisor is suitable for traders who want to trade clear market trends automatically while keeping full control over entries, exits, risk and trading conditions. How does PAC Trend Rider EA wo

TimeTrade Pro EA is a simple and clearly structured Expert Advisor for MetaTrader 5 that automatically opens Buy and Sell trades at predefined times. The EA is suitable for traders who want to automate fixed trading times, session strategies, time-of-day setups, or time-based backtests. The Expert Advisor can open one Buy trade and one Sell trade per trading day. Buy and Sell times can be configured separately. In addition, Buy and Sell positions can optionally be closed automatically at predefi

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