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  • Reviews (24)
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Currency Relative Strength

This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY.

The strength value is normalized to the range 0-100:

  • The value above 60 means strong.
  • The value below 40 means weak. 

This indicator needs the data of all 28 paris and 9 timeframes.

Use the EA Downloadhistory28&9 to download data automatically. --> https://www.mql5.com/en/blogs/post/728216


I coded an EA with this indicator, the EA has a GUI which provides manual trade ,grid strategy, profit protect,breakeven and trailing stop:

Pair Power Index Helper (PPI Helper)

Reference for calling it in EA : https://www.mql5.com/en/blogs/post/730961

Inputs  (full screenshot : https://c.mql5.com/1/180/INPUT-FULL-V3.4__1.png)

  • OnlyShowCurrentPairs -  if it is true, only shows the pair of the current chart,otherwise shows all 8 curves.
  • BarsToShow - Number of bars to show the  strength curve.
  • MaPeriodsToSmoothLines - Moving Average periods for smoothing strength lines.
  • Suffix - Symbol suffix.
  • FontSize - the font size of the figure, the default is 13
  • RowSpace - the row space of the figure, the default is 17

The below 2 inputs are for alert when there is a cross bewteen two curves:

  • AlertType - This is 5-option input for alert crossing. NONE means no alert. Alert after a crossing is finished.
  • AlertSymbol - Select all symbols or only current symbol for alert crossing.

AlertType-- a 5-option input:

  • NONE --- DO NOT Alert
  • Popup --- Popup a window
  • Email --- Send email
  • Popup&Email ---Popup a window and send email
  • PUSH NOTIFICATION --- Push mobile message by MT4 APP.


The below 2 inputs are for sending the strength numbers of all 8 curves:
  • Email - Send email for strength data on a new bar or after the specified number of minutes.
  • IntervalMinutes - if it is 0, send email on a new bar, otherwise send email after the specified number of minutes.
The below 6 inputs are for alert when there is a curve crossing up the level of 60(stronger) or crossing down the level of 40(weaker):
  • Currency Cross Level Setting (Stronger/Weaker)- -======
  • AlertType - this is 4-option input. NONE means no alert.
  • AlertCurrency - select all 8 currencies or only current currency of the chart.
  • BarIndex - 0 presents the current bar,it means the crossing occurs between the first bar and the second bar.
  • CrossUpLevel - a level for crossing up, the default is 60.
  • CrossDownLevel - a level for crossing down, the default is 40.
The below 6 inputs are for oversold (currency cross above 20) or overbought(currency cross below 80):
  • Currency Cross Level Setting (Oversold/Overbought) - ======
  • AlertType - this is 4-option input. NONE means no alert.
  • AlertCurrency - select all 8 currencies or only current currency of the chart.
  • BarIndex - 0 presents the current bar,it means the crossing occurs between the first bar and the second bar.
  • CrossUpLevel - a level for crossing up, the default is 20.
  • CrossDownLevel - a level for crossing down, the default is 80.



Reviews 24
thapas
338
thapas 2020.06.10 16:36 
 

just rented this indicator, very promising. infact it saved me some money just this week. It will help me at least from buying at a high or selling at low since I am a trend follower. need to see more live for a month before I buy it. Thanks again

SYED HUSSNAIN AMEER
835
SYED HUSSNAIN AMEER 2019.12.04 04:09 
 

Thank you for the great indicator and also great support! appreciate that!

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QUANTUM TRADING SOFTWARE LIMITED
This indicator has been developed to identify and display these trends quickly and easily, allowing you to see instantly, those currency pairs which are trending, and those which are not – and in all timeframes, with just one click. The 28 currency pairs are displayed as a fan as they sweep from strong to weak and back again, and this is why we call it the ‘currency array’. All 28 pairs are arrayed before you, giving an instant visual description of those pairs that are trending strongly, those
197 USD
Divergence Dash
Paul Geirnaerdt
Diverence Dash is a MACD, RSI, OBV, Momentum, Stochastic or Standard Deviaviation Divergence Dashboard. It will scan all symbols and timeframes you want. Also, Divergence Dash can open charts with the divergence found using the template of your choice. Divergences are often used as a leading indicator and, by using Divergence Dash, are easy to spot. The risk/reward ratio in divergence trading is very low. What can Divergence Dash for you: Find MACD, RSI, OBV, Momentum, Stochastic or Standard Dev
69 USD
Naked Forex Tweezer Pro Indicator for MT4
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
177 USD
Pivot Prof MT4
Paul Anscombe
An Outstanding Indicator... Get simple, effective trade opportunities with Pivot Prof and use the Support and Resistance   levels professionals use. No other indicator does what Pivot Prof does, so read on and get ready to change your trading today... Pivot Prof is feature rich and uses special algorithms to calculate and display trading levels from multiple timeframes on a unique easy to read chart, with all the alerts and full customization. More Information Here  ►   Pivot Prof - Trading An E
79 USD
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lanxiao13
25
lanxiao13 2020.09.11 19:12 
 

咋中文的这么少呢?这个作者服务很周到啊,有啥不懂的问都给你解答的很好,关键指标啥的都挺好用的

lamare2011
19
lamare2011 2020.08.18 12:45 
 

hi i have purchaed this product but it's not working. why? help me plz

Kev Case
189
Kev Case 2020.08.03 21:59 
 

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thapas
338
thapas 2020.06.10 16:36 
 

just rented this indicator, very promising. infact it saved me some money just this week. It will help me at least from buying at a high or selling at low since I am a trend follower. need to see more live for a month before I buy it. Thanks again

SYED HUSSNAIN AMEER
835
SYED HUSSNAIN AMEER 2019.12.04 04:09 
 

Thank you for the great indicator and also great support! appreciate that!

Plamen Ivanov
1834
Plamen Ivanov 2019.08.22 10:31 
 

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601
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zacante
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SwingFX
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Reply to review
Version 4.12 2020.09.11
code optimization
Version 4.11 2020.08.31
V4.11
Fixed a small bug in V4.1
The bug is whatever ShowJPY is true or false, the JPY strength curves always shows.
Version 4.1 2020.08.31
Version 4.1
Add 8 options for each currency to show or not.
Please note the first input “OnlyShowCurrentPairs” must be false if you want set show or not for each currency.
Version 4.0 2020.06.10
1.added push notification in alert type
2.fixed bugs in overbought/oversold alert.
Version 3.4 2020.06.03
Add alert for oversold and overbought.
1.one currency is oversold and crossed above 20, send alert
2.one currency is overbought and crossed below 80,send alert.
Version 3.3 2018.09.28
Add an input - OnlyShowCurrentPairs, if it is true,only shows the two pairs of the current chart.
Version 3.2 2018.06.13
New version 3.2
1. Added font size and row space settings for the strength figure.
Inputs:
FontSize - the font size of the figure, the default is 13.
RowSpace - the row space of the figure, the default is 17.

2. Added alert function when strength line cross up 60 or cross down 40.
Inputs:
AlertType - this is 4-option input. NONE means no alert.
AlertCurrency - select all 8 currencies or only current currency of the chart.
BarIndex - 0 presents the current bar, it means the crossing occurs between the first bar and the second bar.
CrossUpLevel - a level for crossing up, the default is 60.
CrossDownLevel - a level for crossing down, the default is 40.
Version 3.1 2018.01.30
v3.1
Added email function - send email on a new bar or after the specified number of minutes, the email content is the strength data.
Email - true or false
IntervalMinutes - if it is 0, send email on a new bar, otherwise send email after the specified number of minutes.
Version 3.0 2017.07.31
version 3.0 : add an alert after a crossing is finished,which means the crossing is between the second and third bar.
Inputs:
AlertType: this is 4-option input. NONE means no alert.
AlertSymbol: select all symbols or only current symbol.