AlgoTrade Currency Strength Meter

AlgoTrade Currency Strength Meter shows the strength of each of the 8 major currencies (USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD) against the other 7, ranked on a card with the strongest and the weakest. It reads data only.

What it does

  • Strength is the average move of each currency against the other 7 across the 28 pairs: since the open of today's, this week's, or this month's candle in server time, or over the last hours (4 by default).
  • Displays a ranked list with a bar for each currency, strongest at the top, and its value in percent.
  • Shows the strongest and the weakest currency, and how their pair moved over the same period.
  • Tabs switch between Today, Week, Month, and the last hours. The currencies of the chart's symbol are shown in white.
  • Finds the broker's symbols for the 28 pairs, including names with a prefix or suffix. Missing pairs, or those with no price in the period yet, are left out of the averages, and the card shows how many pairs were found.

How to use

  • Attach the indicator to any chart. The pairs are added to Market Watch so their prices can be read (this can be disabled in the inputs).
  • Click a tab to change the period. Click "Fold" to show a single line, or "Show" to display the full card. The card corner can be changed in the inputs.

Inputs: the period shown first, the number of hours for the last hours tab (1 to 72), adding the pairs to Market Watch, and the card corner.

Please read

  • This indicator reads data only and does not open, modify, or close trades.
  • On a weekend or holiday, the Today tab shows the last session.
  • For questions or feature requests, please post in the comments section on this page. Your reviews help us plan updates.

Made by AlgoTrade Pte. Ltd. Trading always carries risk. Past results do not guarantee future results.

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