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Absolute currency strength for MT5

Indicator measures strength of each currency in your list.


Main idea:

It simply iterates through all combinations of pairs and adds difference between open and close in percent.

Parameters:

  • List of currencies - what currencies will be calculated (maximum is 8)
  • Calculation type - from which data will be strength calculated
  • Calculation data input - used as input related to calculation type
  • Symbol suffix - used in case of suffix on symbols, e.g: when your symbols look like EURUSDm, EURUSDmicro etc. (suffix is "m", "micro")

Calculation type:

From which source are open and close prices taken.

  • RAW - raw data
  • MA - simple moving average with period taken from "Calculation data"

Nikolay Gaylis
17227
Nikolay Gaylis 2019.01.14 06:12 
 

User didn't leave any comment to the rating

sunnychow
5007
sunnychow 2019.01.12 16:43 
 

Thanks for share