Market / MetaTrader 4 / Indicators /

Currency Strength Exotics

Demo downloaded: 5 284

Published: 11 October 2016

Current version: 2.8

Currency Strength Exotics

4.84

Indicators
Bernhard Schweigert
Version: 2.8
Updated: 12 April 2023
Activations: 5

CURRENTLY 20% OFF !

Best Solution for any Newbie or Expert Trader!

This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity?

User manual: click here

It works for all time frames. You will quickly be able to see the TREND! Designed on new underlying algorithms it makes it even easier to identify and confirm potential trades. This is because it graphically shows the strength or weakness of the 8 main currencies plus one Symbol!

The indicator shows the strength lines of the 8 main currencies (AUD CAD CHF EUR GBP JPY NZD USD) plus 1 symbol more! This indicator shows the true value of the Symbol. For example: for XAUUSD (Gold): the price is quoted in US$. If Gold is moving up how do you can know if strength is with Gold or Weakness with US$? We would trade only if Gold is strong. The indicator extracts the true Strength of Gold and eliminates the quote currency US$. It handles Gold equally as a 9th currency. Furthermore, it shows market activity and Currency Strength Fibonacci reversal levels (Market Fibs).

Get your trade setup when currency strength builds a double-GAP (USD strength line and the exotic strength line showing opposite direction)! This strategy can be used by swing traders and scalpers alike. For swing traders, it shows when a new trend has been triggered and for scalpers, it shows which pairs are going to have movement. From our clients and our own experience, we know the indicator work so well that it is truly a case of 1+1= 3!

Indicator Parameters See the full list in the User Manual.

==== EXOTIC settings

fix EXOTIC pair name (empty for XAUUSD and auto detect) (enter exotic pair name be fixed)
auto-get EXOTIC pair name from chart (do auto detect exotic pair name from the chart)
EXOTIC reverse line manually (Gold is reversed) (most products need be line-reversed because priced in USD)
autodetect EXOTIC to reverse line (Automates the function above. If USD is found as base currency like USDMXN, USDSEK, the line will not be reversed.
suffix for currency pairs (if EURUSD is called like EURUSDm then enter m)

==== Chart settings

Line width base and quote CS (make thicker the currency of the chart)
show USD line always thick (used with indexes...)
Line width other 6 CS (the other currencies which are not part of the chart)
Line other 6 CS dotted if width=1
EXOTIC Line width same other 6 CS (false: exotic line always thicker)
HIDE the other 6 CS lines (show only base and quote currency line)
HIDE EXOTIC line if symbol is not on chart (true: no exotic line if a currency selected)
Line width Market (0=not) (size of Market Momentum dot) (Market Activity)
show Bars back (how many candles back the indicator prints the currency lines)
quick chart open in new window (false: change pair in the same chart)
Show CS labels end of line

==== Color settings

You know how to use it. Euro is white, please change if you use white chart background.

=== other settings

open support charts! - (Special: to update automatically the MetaTrader 4 history, 7 support charts will be opened! This function can be deactivated.)
Font spacing X (big screen) (This is for those who have a big 4K monitor. It might be needed to add to horizontal spacing of the buttons.)

Tips

Use my templates. (See Manual)
If USD strength line and the exotic strength line show opposite direction it is a strong signal. (Double-GAP)
Stay within the trend (GAP) of the higher time frame.
Watch for reversal if the line is at Market Fibonacci 161 or 261.
Check chart history at what levels the Symbol do often reverse.
SPECIAL: To update the MT4 chart history use the 7 support charts (see Manual)
Check my news and blogs on profile for trading system and trade examples.

Ones you got the indicator(s) request the STARTER-PACK email (manual) with more info, links, templates, and stuff. I want to make sure of your success!

Best Regards, Bernhard

more...

104

Hs S 2023.04.07 08:38 #

Very good indicator , trade a lot of gold so this is the one.

157

Oleg Moiseyenko 2023.03.01 01:15 #

Respect to the author for his work in creating indicators to facilitate trading. I especially want to note the support. In combination with the use of three indicators, success is guaranteed. I’v been using the second year, no complaints, 5 stars rating

350

JACK_LE_CHAT 2022.12.30 03:48 #

A welcome add-on to Bernhard's set of indicators, which constitute one of the most interesting, overall trading strategy I have seen when they are used conjointly. Indeed, 99.9% of the "traditional" indicators (MACD, RSI, Stochastic, CCI, Moving Averages... And the list goes on) are lagging since they are a posterior INTERPRETATION of the market based on the calculation of average values (to summarize in a nutshell). Bernhard's "CS28 System" (let's name it like this for sake of simplicity), on the opposite, is not a belated view, it is the reflection of what ACTUALLY happens in the market HERE and NOW ! With Currency Strength Exotics, Bernhard simply takes his own system to the next level by adding more potential through the screening and instant comparison of more instruments, yet keeping the philosophy of the original CS28 System untouched. Bluffing.

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CURRENTLY 31% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and confir

88 USD

199 USD

149 USD

199 USD

Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential of Advanced Suppl

199 USD

Best Solution for any Newbie or Expert Trader! This Indicator is an affordable trading tool because we have incorporated a number of proprietary features along with a new formula. The Advanced Accumulated Currency Volume Indicator is specialized for the main 28 Forex pairs and works on all time frames. It is a new formula that on a single chart extracts all the currency volume (C-Volume) of AUD, CAD, CHF, EUR, GBP, JPY, NZD, and USD. This is a great advantage in trading. Volume traders will know

58 USD

CURRENTLY 26% OFF !! This indicator is a super combination of both our main indicators ( Advanced Currency Strength 28 & Advanced Currency IMPULSE with ALERT ). It shows Currency Strength values for TICK-UNITS and alert signals for 28 Forex pairs. 11 different Tick-Units can be used. Those are 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, and 30 Seconds. The Tick-Unit bar in the sub-window will be shown and shifted to the left when there is at least 1 tick within the second’s timer. With only ONE chart y

148 USD

CURRENTLY 20% OFF !! Best Solution for any Newbie or Expert Trader! Review your trades is the first step to a successful trader. Successful traders have a habit of regularly reviewing their trading performance. This tool will help you to do just that. The review process will be most effective with this tool to track your trading. Analyse your manual trades or the trades of your EA. Use the 3 general view. To switch between just click on the button. Closed Trades Open Trades Close+Open Trades A

65 USD

A trading tool you do not want to miss. The indicator displays all trades/deals in the chart with the symbol it is attached to. It prints the number of pips in profit or loss. By choice it prints a vertical line through sub-windows for better analysis. Check also the PRO-version here: My Trade History PRO As well it adds the information about the total result of trades in the deposit currency and the total pips. You can choose to show only the trades of the day or to show only trades within a n

FREE

Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthless wannabe clone

128 USD

Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and confirm potential trades.

128 USD

Filter:

323

Olivier Cerf 2023.04.25 12:34 #

Doesn't give the Buyers/Sellers force, only alert when big move, but very late for indexes. Inadapted for scalp or day trading.

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Reply from developer Bernhard Schweigert 2023.04.26 10:31 #

I'm sorry to hear that you've had difficulties with the indicator. However, please note that you did not request the starter email or package, which includes a comprehensive guide on how to use the product effectively and understand our trading strategy. We would be happy to provide you with this information and any further assistance to help you better understand the product.

104

Hs S 2023.04.07 08:38 #

Very good indicator , trade a lot of gold so this is the one.

157

Oleg Moiseyenko 2023.03.01 01:15 #

350

JACK_LE_CHAT 2022.12.30 03:48 #

146

DarthTraderX 2022.10.07 06:31 #

I trade gold and I want to know what this guy to give me hint when I can catch him. The cs exotic gives me the whole picture to pinpoint where I will enter a trade. This indicator is like the old version of CS28 Dashboard and gives me idea whether gold will continue or slowing down. Great great indicator. Highly recommended.

104

hwhdrm80ilax 2022.08.07 15:04 #

I am considering trading XAUUSD so I purchased this because I own all of the other ACS28 indicators. These give you much more confidence! Gold is a bit volatile for my taste so I may not trade it, but I am glad to be armed with the tool to do it if I make that decision.

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Reply from developer Bernhard Schweigert 2022.10.03 13:16 #

Thanks for the honest review! 👍

161

MAHABAL 2022.08.01 08:22 #

looks good..recently rented..thanks bernhard

399

Zamshol Kamal Bin Harun 2022.06.09 12:29 #

Great indicator and excellent support, Thanks Bernhard

13413155521 2022.03.20 17:31 #

Hello, I rented your advanced supply demand some time ago, and today I rent your currency strength exotics, which is mainly used to trade xauusd and WTI. Can you give me a description and suggestions?

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Reply from developer Bernhard Schweigert 2022.03.20 19:55 #

Thanks for your feedback. Please check your email now.

1024

Grace-FX 2021.12.05 20:57 #

Good indicator. Thanks to developer.

79013

Reply from developer Bernhard Schweigert 2022.01.26 14:05 #

Thanks for the feedback! 🙏👍

141

ManniB 2021.09.21 11:30 #

I've bought/renting everything that Bernard have, used it for nearly 1 year now, this new update have just made me move this to the top of my 3 most used apps from him. Well done and Thank You Sir! Bernard, this is the single BEST MT4 Indicator that I've ever used!

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Reply from developer Bernhard Schweigert 2021.09.21 12:05 #

Thanks for the great review! 👍

175

Fadi88888 2021.04.23 13:25 #

I really test 90% of the indicators in the market and i can say this is the best one . I like that can personalize which currency interest for me . Buy the strong currency against the weak currency ... with this tool easy and powerful concept . I highly recommend this indicator . Happy Trading and a lot of pips to all :)

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Reply from developer Bernhard Schweigert 2021.04.29 11:49 #

Thanks a lot for your awesome feedback. 🙏💖

916

Zachary David Cox 2021.02.26 22:19 #

I've used a couple of this authors products and have had success so I decided to try this one. My experience with the other products made setup and understanding very easy and I made profits less than an hour after install. It is very powerful and combined with the advanced supply and demand indicator it produces profits!

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Reply from developer Bernhard Schweigert 2021.04.14 19:38 #

Thanks for the honest review! 👍

Mulham 2021.01.07 02:53 #

hello friend, i rented the program,but i did not know how to install it on the platform. can you help?

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Reply from developer Bernhard Schweigert 2021.04.14 19:37 #

Welcome friend, To install the indicator go to Terminal / Market / Purchased within your MT4/5 (Ctrl+T). Please request a starter email at bernhardfxcontact@gmail.com with links, templates and the installation step by steps. I will send you a private message.

423

lifebook1994 2020.09.27 19:38 #

Exotic is indeed an awesome indicator. I have been use it more than 2 years now and has helped me tremendously in trading decisions. Bernhard is a very customer oriented programmer who continuously works on improving his indicators. I recommend renting the indicator without any hesitation.

961

dcau93 2020.09.09 06:48 #

User of ACS28 for 1 year I decided to renew it but by choosing CS28 Exotic which seemed identical to me with in addition the choice of a symbol like Commodities, Indexes or Futures. I hadn't seen any minor differences that were significant to me. My email to Bernhard received a quick response telling me that he would incorporate my request in a future update. less than a week later, the requested changes are incorporated! Hard to beat. Many thanks to Bernhard for his quick responses to my emails and also for responding so quickly with this major update. This tool is extremely useful especially with ACS Impulse which makes it possible to clearly show what is happening.

477

Ferrari888 2020.08.14 22:27 #

Я пользуюсь практически всеми индикаторами Бернарда и если следовать и соблюдать правилам, то успех гарантирован,главное опыт и внимательность. Благодарен Бернарду за отличные индикаторы и за отличную обратную связь ,за хорошие советы и рекомендации. Желаю тебе Бернард успехов в создании лучших индикаторов

333

Kandasamy Senthil Kumar 2020.06.22 10:51 #

excellent

chaclaxd 2020.06.08 19:33 #

Totally misleading indicator at the time of making the operations, unfortunately I demand a refund of this indicator if I do not proceed to do otherwise, the creator only excuses himself saying that the market is volatile

Robbiequk 2019.02.28 17:04 #

Great indicator with excellent support, Thanks Bernhard.

1 2

Version 2.8 2023.04.12

Update: Important news to prepare for the external tool Combo Signals EXO indicator.

We have added further interfaces for signal export, and an input for thicker currency lines of your choice. In addition, you can now select the quote currency for gold or indices. While it is usually displayed in USD, in exceptional cases it may be EUR. A new input for this has been added to the settings.

New inputs:
+ choose quote currency for exotic pair (USD)
+ show line always bold (Comma separated CS list)

We hope these enhancements will provide you with a better trading experience. If you have any questions or feedback, please don't hesitate to contact us.

Version 2.7 2022.09.24

Added more improvements.
Updating is recommended.

Updating of code with new MT4 builds.

Version 2.6 2021.09.19

IMPORTANT UPDATE !!!

Due to new Metatrader versions, we need a corrective input to draw objects in a subwindow. If you use MT4 build 1341+, add the subwindow number (1 for the first subwindow, 2 for the second...). 0 means automatic.

New input at the end of the list:

+ Force objects to subwindow number (0=auto)

Version 2.5 2021.09.07

Various improvements for new Metatrader version.

Version 2.4 2021.05.30

Various improvements.

Version 2.3 2021.04.14

Optimized a graphical function to draw GAP-Arrow when hide other currencies.

Version 2.2 2021.03.07

Various improvements for new Metatrader version.

Version 2.1 2020.09.07

MAJOR UPDATE 2020
Added GAP-Arrow
New inputs:
+ draw GAP arrow
+ GAP Market Fib (23) slope
+ arrow size (1 to 5)
+ use PIN (Compatibility prepared with a new CS28 Combo Signals EXOTICS similar to Advanced Currency Strength28 Indicator in the future!)

Graphics:
You can now show market line as cross.
New input:
+ draw Market line as cross

Version 2.0 2020.08.24

Various improvements for new Metatrader version.

Version 1.90 2020.01.16

Various improvements.

Version 1.80 2019.06.09

A great update.
The special function "Currency Strength Characteristics" will now apply also to the exotics symbol.
The golden line will now fit much better into the sub-window.
Compare with input
+ use currency specific characteristics

Version 1.70 2019.02.27

Corrected the resizing of the sub-window when use "HIDE the other 6 CS lines" = true.

Version 1.60 2019.01.15

Diverse improvements.
Updating objects Currency labels.

Version 1.50 2018.08.19

Added new buffers to show historically the dynamic Market Fibonacci reversal levels instead of horizontal lines.

Version 1.40 2017.10.13

Another magic function will automatically open 7 support charts in the background to speed up the broker feed and update the external history data. When the indicator is applied to another timeframe those charts will follow. While using multiple indicators those charts will be shared. (This function can be deactivated.) Please read the user manual blog.

New input:
+ open support charts!

Version 1.35 2017.04.07

Improved visual:
+ The other currencies which are not part of the actual chart can be shown as dashed.
+ USD which is mostly the quote currency of indexes and commodities can be shown always bold.
The default parameter for "show USD line always thick" is changed to 'true'.

Version 1.34 2017.02.20

Improved function to read correlated external pairs.
The dynamic Market Fibonacci Level lines will reset after 2 candles by default and reflect so the actual Market activity.
Two visual setting has been added (it was requested):
+ HIDE Market Fibs 23 lines
+ HIDE Market Fibs 50 lines
(I would not hide but customer is king.)

Version 1.31 2016.11.15

Added new features

=== New function included
+ The line volatility of Exotic pair or product is now visually better adapted.

=== EXOTIC settings

+ The input "Reverse line manually" is now set to false as default.
+ New is the input "auto detect reverse line". It is set to true as default.

This new input automates the function before called "reverse line manually". With input "auto detect reverse line"=true the line of gold, DAX, Oil, US30... will be automatically reversed because USD is considered as quote currency. If USD is found in the pair as base currency like USDMXN, USDSEK, the line will not be reversed. To turn auto detect off set it to false.
(To reverse the line manually for another view of USDMXN or USDSEK set "reverse line manually"=true and "auto detect reverse line"=false.)

Now it is easier to switch between pairs without to open the settings.