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Moving Average Currency Strength Meter


(Currently 30% OFF)

Before reading the description of this indicator, I just want to introduce to you following concept

Moving Average Line - Typical moving average which is based on one chart alone. 

Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line.

Moving Average indeed is one of the most popular indicator which almost every trader use.

Currency Strength Meter is also a trend indicator which is based on multiple currencies.

Moving Average Currency Strength Meter is a one chart indicator which gives you the Moving Average with algorithm of Currency Strength Meter.

The BLUE line is the normal MOVING AVERAGE LINE which every trader use. While the RED line is the CURRENCY STRENGTH LINE.

Indicator Parameters

  • MACD Settings
    • Tweak Timeframe 
    • Moving Average TIMEFRAMES- Choose the timeframe you want from M1 to MN
    • Currency Line Period - Input PERIOD for Currency Line  *NOTE: putting "zero" means the current candle. Example: D1 with period 0 means the strength on current D1 candle
    • Moving Average Line Period - PERIOD for Moving Average
    • Method - Moving Average Method
    • Moving Average Shift - Shift of line for your moving average
    • Price - Choose what type of price to be used
    • PIPS CROSS - Difference between Moving Average Line and Currency Strength Line to tell whether a pair is trending or crossing
    • Font - Edit Font
    • Show or Hide Strengths, Trends and Moving Average
    • Currency Colors
    • Signal Colors
    • Line Colors
    • X and Y-axis of Objects
  • ALERT Settings
    • Alert based on - Choose between Time Interval based or a Change of Direction based alert.
    • Type of Alert - Choose to get alert from Market Direction, Currency Strength or Both
    • Market Direction Alert - Give alert just on trending pairs, crossing pairs, waiting pairs or alert on all Directions
    • Computer Alert  - This is a CHART alert. Choose if you want to get alert by chart's pair only or by all pairs
    • E-mail Alert       - This is a MAIL notification alert. Choose if you want to get report by chart's pair only or by all pairs
    • Mobile ALert     - This is a metatrader app phone alert. Choose if you want to get alert/report by chart's pair only or by all pairs
    • Alert me at      - Choose what time you want to get your alert. 
    • ALERT INTERVAL - Hours Interval you will receive your next Alert
    • MAX CANDLE - This will limit or control the maximum candles to be analyzed. Limiting the number of candles is made to avoid lags or hangs on the your. This will prevent your MT4 to hang due to high load. Imagine how much calculation the indicator is doing for 2500 candles on 28pairs.

Reviews 20
Najseattle7 2022.06.06 04:45 

This is a fun indicator. I made a nice strategy using envelopes around the blue MA and angles of both the MAs. This indicator can do some cool things

Frank Paetsch
Frank Paetsch 2021.09.22 00:33 

good Indicator

4example 2020.12.18 01:12 

I am still yet to find a loosing trade in testing. Will put to work tonight on VPS. From now one this little guy is working, I will rest. I test it on several pairs in both trending and consolidating markets. If real time entry is used and active money management, there is simply no loosing trade, but break even in consolidation. In trending market it is amazing. Now I know, there are here some negative reviews. Of course. They have no patience to test nor willingness to ask the author about help with strategy. Not all time frames are equal guys. Emir is one of a kind. His indicator is simply fantastic. Please have the diligence to test it properly before posting your review and help others with an honest opinion.

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The PTS Divergence Finder Sell Indicator by Roger Medcalf  -  Precision Trading Systems. This indicator only give Bearish - Sell Indications. First and foremost, I have been asked many times why I did not provide a sell divergence indicator while happily providing a buy signal divergence finder for many years. I gave the answer that sell divergences are less reliable than the buy divergences, which is still true. Some solutions to change this were found, not by giving in to peer press
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MAJOR CHANGES HAS BEEN MADE. Parameter description will be changed. EXPECT ANOTHER UPDATE BEFORE JUNE ENDS. PRICE WILL GO UP AFTER THE FINAL UPDATE. True Currency Meter with Email and SMS push notifications! Have you ever wondered why would some pairs would move more than others, and 100 pips on EURGBP is bigger than 100 pips on EURUSD? And during the news, some would move 200 pips but some would only move 150 pips? This is the key to the newly developed "28 pairs" True Currency Strength Met
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Najseattle7 2022.06.06 04:45 

This is a fun indicator. I made a nice strategy using envelopes around the blue MA and angles of both the MAs. This indicator can do some cool things

Frank Paetsch
Frank Paetsch 2021.09.22 00:33 

good Indicator

4example 2020.12.18 01:12 

I am still yet to find a loosing trade in testing. Will put to work tonight on VPS. From now one this little guy is working, I will rest. I test it on several pairs in both trending and consolidating markets. If real time entry is used and active money management, there is simply no loosing trade, but break even in consolidation. In trending market it is amazing. Now I know, there are here some negative reviews. Of course. They have no patience to test nor willingness to ask the author about help with strategy. Not all time frames are equal guys. Emir is one of a kind. His indicator is simply fantastic. Please have the diligence to test it properly before posting your review and help others with an honest opinion.

Ferrari888 2020.09.23 11:55 

Отличный индикатор очень помогает в торговле. Главное следовать правилам.Спасибо за хорошую работу Эмир

Aravind Kolanupaka
Aravind Kolanupaka 2020.05.18 04:44 


Mahmoud A Kamaleh
Mahmoud A Kamaleh 2019.09.25 22:29 

User didn't leave any comment to the rating

Yebo Lu
Yebo Lu 2019.09.23 13:10 

bravo !

Henry Setiawan
Henry Setiawan 2019.09.19 11:20 

This indicator is great. Now I trade more safe & confident, without a dangerous technique like martin, averaging, etc. I think Emir should make this forum more live, because everyone in here wanna see & learn what strategy we are using with this indicator.

Qun Li
Qun Li 2019.08.20 05:00 

very good

Forex 101
Forex 101 2019.08.18 13:11 

I'm not sure why people are giving out bad reviews on this one when you can surely earn $$$. I just started last Friday and already paid off the rental amount. I will surely get the permanent license and continue to earn. This system is a lifesaver thank you Emir! God bless you!

AgeTrader 2019.08.18 02:13 

User didn't leave any comment to the rating

jayosworld 2019.08.16 09:34 

Wow! Just rented for a month a few hours ago and already had valid signals. I am up in profit already! Just watch the videos on how to fix your charts (it's pretty easy) and you'll do just fine! I'll update my review after a month to show how my trades went.

Christopher Christian Kobiela
Christopher Christian Kobiela 2019.08.08 22:03 

Great indicator, already gave me some pips! Would you please add me to your Facebook Group? Thanks!

Hiroaki Takahashi
Hiroaki Takahashi 2019.08.07 04:33 

I want to join your group facebook ! Nice indicator

vollmerama 2019.07.12 21:51 

Im amazed. Today it showed clearly on H1 that EURUSD was going to go Long. And it did Amid some other indicators pointing towards short trade. Good Job!

Ravi Luke
Ravi Luke 2019.07.12 06:08 

Great indicator. With good money management you can get good returns.

sunnychow 2019.07.10 16:34 

User didn't leave any comment to the rating

[Deleted] 2019.07.06 08:18 

User didn't leave any comment to the rating

linkandpia 2019.03.22 18:08 

It’s is a very smart system , and if used correctly with correct money management it can be very profitable , the good trades tend to continue for longer times while the bad trades are exited quickly. So the overall is in the positive.

The developer is great , he is always responsive quickly , and he does his best to solve any problem.

I whole heartedly recommend this indicator.

kennyschuble 2019.03.13 22:57 

Full disclosure I am not trading real money yet. But this indicator looks AWESOME in demo and if you get full purchase you get access to the Facebook were people are posting trades and making money. The biggest point from people in the FB group seems like the easy of use and the amount of pips or % they are making ! One person said it correctly that if there ever was a single indicator system this is it! Let me also make this point, and to make a long story short. Emier went way above and out of his way to help me with some technical issues. So you wont get any better service ! Without him I would not be up and running. Let's also not forget the one on one you get with him about the indicator to make you you understand it all. I was already trying to put together a system of currency strength with moving averages but then he came out with this and did the work for me...lol.......Thanks Emir !

Reply to review
Version 1.8 2020.08.21
Arrow signals on charts are now available
Version 1.7 2020.02.26
Button Length and Width can now be edited
Version 1.6 2019.07.07
No major changes. This is just a reminder to DEMO-version users that back test result is not accurate. This means that the lines of backtest is different from forward testing(rented or licensed)

*Note: The limitation of backtest is that it can only test one pair at a time. So if it test a multi-currency indicator like this, results are not accurate.
Version 1.5 2019.06.20
Added Options to Show or Hide Currency strengths, trends or moving average
Version 1.4 2019.03.19
Text Color Added
Version 1.3 2019.01.31
Moving Average and Currency Strength Line can now have different periods.
Shift Parameter is only for Moving Average
Version 1.2 2018.12.19
Back Test can now be used, but only December 2018 onwards won be allowed for back testing
Alerts can now be either Time_Interval or when there's a change in Market Direction
Moving Average Shift is added for Moving Average Line.
Version 1.1 2018.12.13
Minimal change just on comment section when user's mt4 have missing data.