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Real Currency Power Meter Linear MT5

5

This is a linear indicator of a currency power (correlation) having the ability to filter by smoothing values. It shows the current power of 8 major currencies, as well as historical values without redrawing. It is based on a custom algorithm. A basic currency pair is used for the calculation basis; the currency pair can differ from the current chart symbol. The result depends on the selected chart timeframe the indicator is launched at and on the basic currency pair. The indicator works with any extended names of standard currency pairs (you should specify the appropriate value in the parameters).

Alternative variants of calculation of the strength of the currencies:  Currency Power Meter Linear Currency power correlation MACD Relative Pairs Correlation


Parameters:

  • iPeriod - number of bars used to analyze currency power.
  • HistoryBars - number of calculated bars on history. The parameter affects execution time during the first launch. It is also necessary for reducing the necessary history data in case a broker has limitation on history length.
  • SmoothingPeriod - data smoothing period (to enable smoothing, set to 1).
  • SmoothingMethod - data smoothing method.
  • ShowPairLabels - enable/disable display labels with names of currencies in the left part of the indicator window.
  • LabelsFontSize - currency label font size.
  • ShowCrossArrows - show/hide arrows marking the intersection of currency power lines for the current currency pair.
  • UseAbsoluteValues - enable/disable the mode of using absolute (true) or "step" (false) values for calculating currency power.
  • ArrowShift - shift to display arrow above or below the price.
  • ArrowUpColor - the color of the up crossing arrow.
  • ArrowDnColor - the color of the down crossing arrow.
  • ArrowUpCode - the code of the up crossing arrow (Wingdings).
  • ArrowDnCode - the code of the down crossing arrow (Wingdings).
  • Strength Line EUR - show/hide the power line.
  • Strength Line GBP - show/hide the power line.
  • Strength Line AUD - show/hide the power line.
  • Strength Line NZD - show/hide the power line.
  • Strength Line USD - show/hide the power line.
  • Strength Line CAD - show/hide the power line.
  • Strength Line CHF - show/hide the power line.
  • Strength Line JPY - show/hide the power line.
  • UseBase - the basic currency for calculations.
  • PairPreffix - an addition to the names of currency pairs. For example, if the name of the currency is "EURUSD.e" = ".e"
  • ShowWarningComments - enable/disable comments on the operation errors, for example, the absence of symbol quotes or insufficient symbol history length at a broker's side.
  • ShowHolesCount - show/hide in comments information about missing quotes.
Reviews 1
Sehn
128
Sehn 2017.04.30 04:55 
 

Fantastic indicator, highly recommended.

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This is a linear indicator of a currency power having the ability to filter by smoothing values. It shows the current power of selected currencies (the maximum number is 8), as well as historical values. Calculation depends on the selected chart timeframe the indicator is launched at. The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as
Mini Charts MT5
Sergey Efimenko
4.91 (23)
The indicator displays minimized charts of any symbol from any timeframe. The maximum number of displayed charts is 28. The charts can be located both in the main and bottom window. Two display modes: candles and bars. Amount of displayed data (bars and candles) and chart sizes are adjustable. To work with a mini chat, you must first put the desired indicator(s) on a regular chart, then save it as a template and apply a template for the mini chart via the appropriate parameter, for example, for
FREE
CPM Extended MT5
Sergey Efimenko
4.43 (7)
The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using
FREE
The utility is designed to   change the symbol   of the current, all or selected charts,   change the timeframe , as well as to   synchronously move through the history   of all charts (automatically or by clicking the button). The list of symbols is read from the "Market Watch" or is set manually. The color, size and position of the buttons are customizable. Synchronization of charts occurs according to the time of the first visible bar when you press the "SYNC" button or when moving the mouse/
Mini Charts
Sergey Efimenko
4.27 (15)
The indicator displays minimized charts of any symbol from any timeframe. The maximum number of displayed charts is 28. The charts can be located both in the main and bottom window. Two display modes: candles and bars. Amount of displayed data (bars and candles) and chart sizes are adjustable. Parameters: Corner - display start corner (selected from the list) CandleMode - display mode: true - candles, false - bars ShowLastBid - enable/disable the last price display LastBidShiftX - last price lin
FREE
CPM Extended
Sergey Efimenko
4.6 (20)
The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using
FREE
The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5356 ) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows
This is a linear indicator of a currency power having the ability to filter by smoothing values. It shows the current power of selected currencies (the maximum number is 8), as well as historical values. Calculation depends on the selected chart timeframe the indicator is launched at. The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as
The indicator allows you to determine the current price direction and market volatility. This version of the Traders Dynamic Index (TDI) has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages. Parameters: Mode Osc - estimation oscillator selection; Period Osc - the calculation
Unique "scalping" trend indicator with the feature of multi-layered smoothing of the resulting lines and a wide selection of parameters. It helps determine a probable change in the trend or a correction virtually near the very beginning of the movement. The toggled intersection arrows are fixed and appear at the opening of a new bar, but, with enough experience, it is possible to look for entry opportunities as soon as the indicator lines intersect at the unfinished bar. The signal appearance l
This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening. Parameters: ForcedTF - ch
The indicator shows harmonic patterns on the chart without repainting with the minimum possible lag. The search for indicator tops is based on the wave principle of price analysis. Advanced settings allow you to choose parameters for your trading style. At the opening of a candle (bar), when a new pattern is formed, an arrow of the probable direction of the price movement is fixed, which remains unchanged. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butter
If you trade by levels, then this indicator is for you. The indicator displays support and resistance levels for the selected timeframes, additionally showing how many points to the nearest levels, as well as between which levels the current price is in the form of a color scale and percentages. Location anywhere on the chart, the ability to scale, the calculation offset taking into account the hourly difference of your broker, the choice of colors and other parameters will allow you to cus
Extended Fractals
Sergey Efimenko
5 (1)
The indicator expands the capabilities of standard fractals, allows you to find, display and use them, calculating for any odd length, that is, 3 (DeMark points), 5, 7, 9 and so on bars. Fractals can be calculated not only by bar prices, but also by the values of moving averages of a given period. All types of alerts are implemented in the indicators separately for upper and lower fractals. To set the number of used bars, the Left fractal bars count variable is set in the settings (the default
Extended version of the "Keltner Channel" indicator. This is an analytical tool that allows you to determine the ratio of the price position relative to its volatility. You can use 26 types of moving average and 11 price options to calculate the middle line of the indicator. Configurable alerts will notify you when the price touches the upper or lower border of the channel. Available average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weig
Advanced ZigZag Dynamic
Sergey Efimenko
4.5 (4)
The difference from the standard ZigZag indicator is the following: instead of calculating new extremum points based on the number of bars, it uses the distance between the high and the low to calculate the extremum points. In addition, this distance is calculated dynamically on default and depends on price fluctuations for a selected period and the multiplier. The distance can be set as a fixed number. In addition, it displays the reversal line, reaching which the previous extreme point is fix
An extended version of the well-known Moving Average Convergence / Divergence (MACD) indicator, distributed in 4 colors: growth, fall above and below 0. 26 options for smoothing moving averages, 11 types of prices. Disabled Alerts on color change with selectable alert mode: only when crossing a zero value or at any color change (rising / falling change and 0 crossing). Smoothing options: Simple, Exponential, Wilder Exponential, Linear Weighted, Sine Weighted, Triangular, Least Square, Smoothed,
I offer Stochastic indicator (oscillator) with signal line filtration by means of the Adaptive Moving Average (АМА). I also added a function of multicolor signal line display of increase and decrease by means of lines or dots at the discretion. Moreover, you can highlight signal line values located below the specified minimum level or above the specified maximum level. Parameters: PeriodK - period K of Stochastic oscillator Slowing - period of Stochastic oscillator slowing PriceField - Stochasti
CCI with AMA filtering
Sergey Efimenko
5 (1)
I offer you Commodity Channel Index (CCI) indicator (oscillator) with additional filtration by means of the Adaptive Moving Average (АМА). This technical indicator determines the strength or weakness of Bullish and Bearish trends. Its principle is based on the analysis of the current change in the deviation of the price from its average value for a given period with the filtering of the obtained values using the Kaufman algorithm, built on the basis of an exponentially smoothed moving average an
The indicator automatically calculates and plots Fibonacci support and resistance levels - one of the most effective tools for market analysis. The calculation uses the averaged price data for the selected period and timeframe. The minimum and maximum for this period are taken as the beginning and end of the movement. Fibonacci levels allow you to see potential reference points, around which the price movement can slow down or reverse, that is, they are used to predict further movement, as well
The indicator allows you to determine the current price direction and market volatility. This version of the Traders Dynamic Index  (TDI) has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages. Parameters: Mode Osc - estimation oscillator selection; Period Osc - the calculation p
Advanced Power Trend
Sergey Efimenko
5 (2)
Unique "scalping" trend indicator with the feature of multi-layered smoothing of the resulting lines and a wide selection of parameters. It helps determine a probable change in the trend or a correction virtually near the very beginning of the movement. The toggled intersection arrows are fixed and appear at the opening of a new bar, but, with enough experience, it is possible to look for entry opportunities as soon as the indicator lines intersect at the unfinished bar. The signal appearance li
The uniqueness of this indicator lies in the volume accounting algorithm: accumulation occurs directly for the selected period without reference to the beginning of the day. The last bars can be excluded from the calculation, then the current data will have less influence on the significant levels (volumes) formed earlier. For a more accurate calculation, data from the M1 graph is used by default. The step of distribution of price volumes is regulated. By default, the right border of the display
This is a linear indicator of a currency power (correlation) having the ability to filter by smoothing values. It shows the current power of 8 major currencies, as well as historical values without redrawing. It is based on a custom algorithm. A basic currency pair is used for the calculation basis; the currency pair can differ from the current chart symbol. The result depends on the selected chart timeframe the indicator is launched at and on the basic currency pair. The indicator works with an
True SSRC nrp
Sergey Efimenko
5 (2)
The indicator shows (optional): Spearman's rank correlation coefficient, Pearson's linear correlation coefficient, Kendall's rank correlation coefficient, and Fechner's sign correlation coefficient. This oscillator shows the points of possible market reversal when the price goes beyond the overbought and oversold levels. There are 4 methods for additional filtering of the obtained values: simple, exponential, smoothed, linearly weighted. After the bar is closed, the values are fixed and not rep
The indicator expands the capabilities of standard fractals, allows you to find, display and use them, calculating for any odd length, that is, 3 (DeMark points), 5, 7, 9 and so on bars. Fractals can be calculated not only by bar prices, but also by the values of moving averages of a given period. All types of alerts are implemented in the indicators separately for upper and lower fractals. To set the number of used bars, the Left fractal bars count variable is set in the settings (the default
This is an extended version of Keltner channel. You can use 21 types of Moving Average and 11 methods of calculating the indicator's center line. Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Zero-Lag Exponential Moving Average
The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5357 ) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows
The difference from the standard ZigZag indicator is the following: instead of calculating new extremum points based on the number of bars, it uses the distance between the high and the low to calculate the extremum points. In addition, this distance is calculated dynamically on default and depends on price fluctuations for a selected period and the multiplier. The distance can be set as a fixed number. In addition, it displays the reversal line, reaching which the previous extreme point is fixe
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Sehn
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Sehn 2017.04.30 04:55 
 

Fantastic indicator, highly recommended.

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Version 1.2 2022.07.12
The code has been optimized for the current version of the terminal.
Version 1.1 2020.07.25
The code was optimized for the current version of the terminal.