Absolute currency strength for MT4

5

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")
  • Colors of each line

Calculation type:

From which source are open and close prices taken.

  • RAW - raw data
  • MA - simple moving average with period taken from "Calculation data"
Reviews 4
Quantum Trader
3015
Quantum Trader 2020.05.11 17:25 
 

very good job , thank you

Adolfo Vidales Basurto
455
Adolfo Vidales Basurto 2019.12.22 01:52 
 

Very Good Indicator

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IGOR KIRIANEN
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The indicator is built on a non-standard Zig Zag, it draws accumulations after which if the price leaves this zone and a test of this zone occurs, then a sound signal is given and an arrow appears - after the test candle closes.The indicator does not redraw its signals, it is very easy to use, there are only three settings 1- this is the zig zag parameter 2- this is the minimum price exit from the zone 3- this is the maximum price exit from the zone. The lower the parameter for Zig Zag, the more
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This indicator is fully user-adjustable, calculates corellation between all symbols, which you want. Indicator is real-time updated and fully automated.  You can adjust a lot of parameters. Calculation Parameters List of symbols: write all symbol, which you want to calculate, just separate them by comma Calculated bars: amount of bars from which will be calculated Time frame: time period of calculation Used price: used price - 0 (CLOSE), 1 (OPEN), 2 (HIGH), 3 (LOW), 4 (MEDIAN), 5 (TYPICAL), 6 (
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satya prakash gupta
827
satya prakash gupta 2022.09.16 15:06 
 

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Quantum Trader
3015
Quantum Trader 2020.05.11 17:25 
 

very good job , thank you

Adolfo Vidales Basurto
455
Adolfo Vidales Basurto 2019.12.22 01:52 
 

Very Good Indicator

Shaheen Hassanali
6813
Shaheen Hassanali 2018.12.12 10:53 
 

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