Strength Graph

5

This indicator is a tool to measure the relative strength of different currency pairs. It present major currencies strength value base on their relative strength/weakness in custom period of time.


Indicator parameters

  • Strength Period - Change the strength period in the settings affects the number of bars used for calculation. The higher the period value, the smoother the indicator lines and the result will represent longer term strength of each currencies, rather than recent strength.
  • Display Options - Select the display options which affect how the data is visually displayed. (show strength/weakness/kebab).
    1. In mode "show strength", the stronger one currency gets, the higher its value. The weakest currency will be of value 0.
    2. In mode "show weakness", the weaker one currency gets, the lower its value. The strongest currency will be of value 0.
    3. In mode "show kebab", the stronger one currency gets, the higher its value. The average strength value will be 50.

It is useful when you are trying to trade not only major pairs but different cross pairs.

If this indicator is not working properly, it is likely that you have to switch between different timeframes and wait for it to refresh.

The indicator window displaying data value range can be customized it in the settings. You can change indicator line colors and styles for visual preference. To disable currency line, select "none" for its color.

Reviews 1
topline8000
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topline8000 2022.05.04 02:17 
 

for verification of winning rate

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The symmetrical triangle pattern dashboard allows you to monitor multiple markets and timeframes at once for symmetrical triangle patterns as draw by the symmetrical triangle pattern indicator available here: https://www.mql5.com/en/market/product/68709/ Visit the above indicator to learn more about how symmetrical triangle patterns are formed and simple to follow strategies to trade them. The dashboard is a stand-alone product and DOES NOT require the indicator to work. It only monitors for th
Daily Candle Predictor
Oleg Rodin
5 (12)
Indicators
Daily Candle Predictor is an indicator that predicts the closing price of a candle. The indicator is primarily intended for use on D1 charts. This indicator is suitable for both traditional forex trading and binary options trading. The indicator can be used as a standalone trading system, or it can act as an addition to your existing trading system. This indicator analyzes the current candle, calculating certain strength factors inside the body of the candle itself, as well as the parameters of
Prop Firm Sniper
Mohamed Hassan
4.33 (6)
Indicators
Prop Firm Sniper MT4  is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on   M5 or M15   for Gold (XAUUSD), and   M15 or H1   for more volatile Forex pairs such as   GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper  is a professional market structure indicator designed t
Premium Supply and Demand Zones with Alerts
Godwin Edward Enyali
Indicators
PREMIUM SUPPLY AND DEMAND ZONES WITH ALERTS Premium Supply and Demand Zones with Alerts is a professional Smart Money trading indicator that combines institutional-grade Supply & Demand zones with a multi-timeframe trend histogram to deliver high-confidence rejection entries . The indicator automatically identifies premium Supply and Demand zones on the main chart and confirms entries using strong wick rejection logic . Trade signals are generated only in the direction of the dominant trend , w
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Strength Glance
Zi Feng Ding
5 (2)
Indicators
This indicator is a tool to measure the relative strength of different currency pairs. It used a user selected base currency as a comparing standard, and evaluate all other major currencies base on their relative strength/weakness. the stronger one currency compare to the base currency, the higher its value. Base currency has a fix strength value of 50. Indicator parameters Strength Period - Change the strength period in the settings affects the number of bars used for calculation. The higher t
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