Average True Power

Strongest and Weakest Currency Analysis

This product shows the strength of the main currencies in FOREX based on average pip gain/loss in different time-frames!

Depending on the strength of the currency, the indicator colors changes from blue to red also the orders may also be changed, allowing you to find the strongest and weakest currency at a glance!


Advantages

Whatever your trading method and strategy are, it is always important to choose the correct pairs, so this indicator will help you answer this question by calculating the average pip gain/loss of each currency and also help you to find the direction of the trends!


Features

  • Shows the power of 8 main currencies in FOREX.
  • Shows powers in different time-frames from M1 to Daily.
  • For the sake of comparison it also shows the power of Yesterday!
  • Easy, nice and user-friendly interface which help you monitor the market live!
  • It shows the average pip gain/loss of each currency in different periods.
  • It sorts the currencies in each period based on the power of them, so the strongest one is always on top and the weakest one is in the lowest level.


Input Parameters

You can put the indicator on any Currency pairs (Suggested EURUSD) and on any Time-frames (Suggested M1).

  • BackGround – You can set your favorite color for panel-background, default is Black;
  • Time_frames – You can set your favorite color for time-frames, default is Gold;
  • Bullish – You can set your favorite color for Bullish currency, default is DodgerBlue;
  • Bearish – You can set your favorite color for Bearish currency, default is Red;


Notes

When the color of the value is red, it means it is less than zero (we don’t show the minus sign).

Before using the indicator, do not forget to set the show all in market watch!

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Presenting one-of-a-kind Gann Indicator for XAUUSD IQ Gold Gann Levels is a non-repainting, precision tool designed exclusively for XAUUSD intraday trading. It uses W.D. Gann’s square root method to plot real-time support and resistance levels, helping traders spot high-probability entries with confidence and clarity. William Delbert Gann (W.D. Gann) was an exceptional market analyst whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient calculation
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Young Ho Seo
5 (2)
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Introduction to EFW Analytics EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts. Firstly, Equilibrium Fractal Wave Index is an exploratory tool to support your trading logic to choose which r
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