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Best Currency Strength Indicator

Advanced Currency Strength Indicator

The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes, but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute).

This indicator is very powerful because it reveals the true movements of the market. It is highly recommended to analyze charts knowing the performance of individual currencies or the countries economies. The indicator will reveal the country's economic performance by analyzing the strength of the country's currency on a daily/weekly/monthly basis. It can also be used for news events (Fundamentals), even if you don't have time to keep up with the news... The indicator does all the work for you by calculating the strength of the country's currency. This will give you an edge in the market because you'll know which currencies are best to trade at that moment. Buy strong currencies and sell weak currencies (Diverging currencies)

This strategy is even used by the Banks to make profits. They take a strong currency and pitch against a weak currency.

Special Unique Features

1. No more spending hours analyzing all charts. Analyze the Forex Market in 1 window (1 minute).
2. Choose any custom time you want to start calculating currency strength.
3. Get signals directly to your phone anywhere you are.
4. Be notified when there's a new signal by turning on Alerts.
5. Currency Strength Meter Dashboard (showing all the values, dates, time and connection speed in milliseconds).
6. Multi-Timeframe Currency Strength Dashboard (Calculated across all timeframes).
7. 28 FOREX pairs + Gold + Silver + 5 additional pairs of your choice (Stocks, CFD's, Crypto Currencies, Indexes or any chart).
8. Special period separators (showing months, days and times)
9. Signals in a chart (Arrows showing all signal entry points in a chart).
10. Multiple options to choose how to calculate currency strength (Anytime, date or number of candlesticks).
11. Support for Any broker symbol names (Prefix and Suffix).
12. Divergence Arrows indicating diverging currencies.
13. The ability to Focus only in 1 chart (e.g. showing only 2 lines, excludes all other currencies).
14. More features will be explained in the Indicator Parameters and the video.

Every day, Currencies diverge from each other. The indicator uses built-in algorithms to identify the very beginning of a trend when currencies start to diverge from each other and will immediately alert you or send signals to your phone. It uses real price quotes for calculations (Not lagging). You can choose any timeframe you want to trade and there are various options for each timeframe.

Tip:

  • When you activate "Focus only in this chart" parameter, drag and drop any chart to show only 2 lines for each currency in a chart.
Indicator Parameters:

  • Prefix - Symbol prefix.
  • Suffix - Symbol suffix.
  • UPPERCASE_or_lowercase - Most brokers have symbols in uppercase letters.
  • Trading_Strategy - Choose the trading strategy.
  • Maximum_Number_of_Bars_for_Calculations - The maximum number of bars the indicator will stop calculating at.

Day Traders
  • Start_From_Hour - Choose an hour to start from.
  • Start_From_Minute - Choose any minute to start from.
This indicator is also suitable for long-term traders. There are 2 (two) options. 
  1. Start from a specified date and time.
  2. Start from a certain number of bars/candlesticks.
There are 2 (two) types of dashboards.
  1. The first one shows the values of all currencies.
  2. The Multi-Timeframe dashboard shows the strength of each currency across all timeframes.
  • The indicator has a special period separator which makes it easier to identify days and time when analyzing a chart. 
  • Enable 'Alerts' to be notified when the indicator identifies a trend and it will play an alert sound (Wave sound file). 
  • Send signals directly to my phone - Signals sent to your phone. 
  • Customize the look of the indicator by changing colors.

All you have to do is spot diverging currencies and trade them. Simple!

More will be explained or clarified in the video, make sure you watch the video using PC browser...

And also check the latest comments in the comments section for examples on how to use it (Use an internet browser to access comments).




















Reviews 35
Firestarter
279
Firestarter 2021.02.24 18:43 
 

Once I got to add in my Chart, is really Awesome. A nice and great an only one Best indicator that have all pairs, Minor,Major,Cryptos,Exotics. Astonishing to to creator. A highly recommended tools to the beginners and Expert.

moh.dav
61
moh.dav 2021.01.24 11:51 
 

it's good indicator as guide only ! also save your time rather than looking in all pairs manually. i recommend open it in only one tab due the heavy load of this indicator.

Aravind
6885
Aravind 2020.10.10 19:14 
 

Yes, this is the "Best Currency Strength Indicator" of all. The author is very helpful. 100 stars.

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Prometheus Trade Engine is an indicator that combines price action, ratio based indicator & custom indicators to create this leading indicator that has a multi-timeframe approach to give you high probability trade setups & assist you in making a prediction on what is MOST likely to happen in the market going forward Features Reversal Zone Rectangular box on your chart based on a close approximation to 50% & 61.8% Fibonacci retracement levels over the high-low period of 100 bars By default, Blue
200 USD
Binary Options Conqueror
Majeed Odubela
SYSTEM INTRODUCTION:   The Binary Options Conqueror System Is Specifically Designed For Binary Options Trading. Unlike Other Systems And Indicators That Were Adopted From Other Trading Environments For Binary Options. Little Wonder Why Many Of Such Systems Fail To Make Money . Many End Up Loosing Money For Their Users.  A Very Important Fact That Must Be Noted Is The Fact That Application Of Martingale Is not Required. Thus Making It Safer For Traders Usage And Profitability. A Trader Can Use F
150 USD
Quantum Currency Strength Indicator
QUANTUM TRADING SOFTWARE LIMITED
Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it is almost impossible. There are simply too many currencies and too many pairs to do this quickly and easily yourself. You need help! The Quantum Currency Strength indicator has been designed with one simple objective in mind. To give you
279 USD
Pro Scalping System
Vitaliy Kryukov
Pro Scalping is a comprehensive manual system developed for the most efficient trading at any market conditions on all instruments and time scale. The system is based on two main blocks: 1. The block of trend determination that calculates dynamic support and resistance. The function of auto-optimization is available for this block. 2. The block of price deviation from its median based on the big set of regressions to get the statistically-valid result. Entry rules For buys: 1. The trend g
150 USD
Volume by Price MT4
Brian Collard
The ' Volume by Price ' indicator displays the complex relations between volume , price and time in easy to interpret forms. Volume Profile and Market Profile along Volume Weighted Average Price to identify key levels and ranges. Instantly load basic or advanced compositions. Various range selection methods including drag and drop. Labels to indicate the scale and scope of data displayed, and comprehensive styling by attributes such as color, size, area etc. Available in three   editions   fro
199.95 USD
Trade Extractor
Philip Pankaj
TRADE EXTRACTOR   is the fastest self-learning AI Algorithm, which will learn any market situation with ease.As a Manual trader, I came across the difficulty of finding the right parameter and the right condition to trade. There are infinite combinations of indicators and objects(trendlines, gann grid, fibo levels etc) which as an human, I can’t decide their winning rate or performance. Many claim to have a winning strategy but won’t have enough statistical support to prove their claims. Due to
199 USD
BinaryManagerPA
Sergey Bashkov
BinaryManagerPA is an indicator for binary options based on the analysis of the Price Action and indicator setups using complex filters. The main advantage of the indicator is that it estimates the current state of the market in advance with using several expiration times. As a result, the indicator generates the statistics on the percentage of successful trades (WinRate) for the selected instrument and timeframe. In addition, the indicator displays the win rate and the recommended expiration fo
178 USD
Price Action Strength Indicator
Robert Maidla
Price Action Strength indicator uses the purest form of data available in the market (price action) to indicate the strength of the market move. Reading price action and measuring its strength is a subjective matter and it is a technique that takes years to master. The purpose of the indicator is to make the reading of the price action strength as objective as possible. The indicator is far more advanced then default oscillators, because in addition to the price movement and its direction, the P
190 USD
More from author
Trading Sessions Advanced
Tumelo Rakotsoane
Trading Session Advanced This indicator was designed to indicate trading sessions in a chart. It draws boxes for each trading session in different colours. Trading Sessions: - London Session - New York Session - Tokyo Session - Sydney Session Some currencies are best traded during certain trading sessions. - EUR, GBP & CHF currencies have high volatility during London session.  - USD & CAD currencies have high volatility during New York session. - AUD, NZD & JPY currencies have high volatili
30 USD
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Firestarter
279
Firestarter 2021.02.24 18:43 
 

Once I got to add in my Chart, is really Awesome. A nice and great an only one Best indicator that have all pairs, Minor,Major,Cryptos,Exotics. Astonishing to to creator. A highly recommended tools to the beginners and Expert.

moh.dav
61
moh.dav 2021.01.24 11:51 
 

it's good indicator as guide only ! also save your time rather than looking in all pairs manually. i recommend open it in only one tab due the heavy load of this indicator.

Aravind
6885
Aravind 2020.10.10 19:14 
 

Yes, this is the "Best Currency Strength Indicator" of all. The author is very helpful. 100 stars.

Yahia Ismail Ibrahim El Mughrabi
633
Yahia Ismail Ibrahim El Mughrabi 2020.08.23 21:41 
 

The name of the indicator is "Best Currency Strength Indicator". And I can say, it is the best indicator ever made. It deserve 100 Stars. The developer is very supportive and respond to messages quickly. I encourage everyone to buy the indicator

FXN Neo
112
FXN Neo 2020.08.20 22:46 
 

The best currency strength indicator I've ever used!!! Awesome support too!!!

Keng Li
192
Keng Li 2020.07.14 02:08 
 

This indicator data shows good, but the actual application effect does not reach the expectation.

jayosworld
249
jayosworld 2020.05.31 11:38 
 

It's a great concept but it keeps freezing my MT4. No matter how slow I make it or lessen the bars. I will give 5 stars when the freezing issue is taken care of. UPDATE: I managed to get it work on another MT4 platform, and it works beatifully! AND the developer was as helpful as he could be trying to sort out my issue. So that's a 5 stars in my opinion. I can't wait to start using this all the time!

Mohamed_j
389
Mohamed_j 2020.06.24 13:00 
 

One of the best Indicator and the programmer is very helpful and friendly Thank you, My friend

alzyad11
388
alzyad11 2020.05.31 17:20 
 

My name is Mohamed Al-Ziyad

I contacted you and me a few minutes ago

I want please a copy of the settings in order to translate it into Arabic. Thank you

sofrito
133
sofrito 2020.05.10 16:13 
 

I bought this product last month, I have been looking at its functionality and putting it into practice first on a demo account and then on a real one. Honestly it seems to me a great tool, very useful and 100% recommended. Thanks to the author for facilitating the operation.

Belaire Boss Lionel Belaire
317
Belaire Boss Lionel Belaire 2020.05.02 17:49 
 

One of the best indicator, impressive

thank you so much

I make 100 stars

Highly recommend

heinedw
184
heinedw 2020.03.06 07:10 
 

Brilliant Indicator. Stunning support. 7,75% Return on investment in the first week.

Heiner G.
405
Heiner G. 2020.02.27 20:22 
 

TOP indicator! You can see where movement arises and can arise.

hassantiger
678
hassantiger 2019.08.18 16:38 
 

User didn't leave any comment to the rating

Ehsan Mohammad Sharifi
116
Ehsan Mohammad Sharifi 2019.08.11 12:19 
 

User didn't leave any comment to the rating

Natapong Hansanan
38
Natapong Hansanan 2019.10.11 16:22 
 

Very useful indicator , easy to use and highly recommend.

1000022941
155
1000022941 2019.10.09 12:41 
 

Seller is very helpful and the indicator is showing a lot of promise. Will update after a while, but for the meantime, it appears to be impressive.

daniela maria lazzi
444
daniela maria lazzi 2019.10.01 13:43 
 

indicatore eccezionale.Geniale chi lo ha ideato

Spartakus93
105
Spartakus93 2019.09.16 17:37 
 

Perfect indicator.

kummy
235
kummy 2019.09.03 17:28 
 

10 Stars.... Ooopsss...

Yess, this indicator is the best i have used for many2 years... Easy to understand, just follow the crossing signal, then execute it... I got 50% profit in 1 day.. Tomorrow, i will hunt again...

Excellent...

lindenx
69
lindenx 2019.09.03 00:55 
 

Helped me out personally when I was having trouble adding exotics! I just had to add the suffix EURTRY+ instead of EURTRY for example

logikaforex
120
logikaforex 2019.08.22 05:53 
 

THX ...100 stars

StaTrader
91
StaTrader 2019.08.15 20:08 
 

Good results so far; still working out chart MTF... Should have it tonight...

Bonifasius Widi Aryanto
290
Bonifasius Widi Aryanto 2019.07.30 15:26 
 

I love Best Currency Strength Indicator. Highly recommend

vollmerama
330
vollmerama 2019.07.16 23:26 
 

Great Indicator with a nice GUI and helpful with good trades. Only this has to be installed and set up on a VPN. Thanks

andreas73
963
andreas73 2019.07.02 13:25 
 

It´s a game changer!!

Your market is served on a silver tablet:) Wait for one or more currencies gaining strength or losing its value.

Your work will be deciding if this change in value is strong enough for an order.

This indicator has plenty of tools to help you with that.

It's really affordable and it can make you money by using strict money management, as always.

7,4% the first week

sunnychow
8659
sunnychow 2019.07.05 16:51 
 

User didn't leave any comment to the rating

Ck.
396
Ck. 2019.07.05 07:33 
 

Nice indicator with good functionality.

Skunk561
41
Skunk561 2019.05.21 09:46 
 

This indicator is very good and it has a great potential,I Express my gratitude to the author of this indicator for his support.Thank you very much for this indicator.

RIZA DOEK
1629
RIZA DOEK 2019.05.13 12:02 
 

very good!!

Agnaldo Prata
324
Agnaldo Prata 2019.05.07 07:55 
 

Excellent tool, I have been using it for two months now, it keeps me out of bad trades while help me to pick up the good ones, many thanks to the developer!!!

Janya1958
732
Janya1958 2019.05.03 14:14 
 

This is really a very good strength indicator. This indicator takes a bit of getting used to but after a while it is easy to understand. Also a very good and quick support!

Arthur Singer
1076
Arthur Singer 2019.04.15 18:32 
 

Very friendly, competent person who understands both programming and trading.

michael.a
99
michael.a 2019.03.05 04:00 
 

20% gain after 5 days of using it. Gives me a sniper entry to the market. Absolutely recommend

Chalin Saranga Jayathilake
4191
Chalin Saranga Jayathilake 2019.03.04 18:13 
 

Highly recommend Best Currency Strength Indicator

Reply to review
Version 4.2 2020.05.08
- Fixed Indicator sometimes not working during weekends...
Version 4.1 2020.04.08
- Minor improvements in some calculations
- Draw Divergence arrows in sub window
Version 4.0 2020.04.01
- Minor Improvements
Version 3.9 2020.03.28
- Change colours for pending orders (Risk Reward Ratio).
Version 3.8 2020.02.29
New update!
-> Fixed the indicator sometimes not displaying currency strength lines during the weekends.
Version 3.7 2020.02.27
-> Small improvements regarding currency lines labels...
Version 3.6 2020.01.03
- Minor improvements in risk management calculations
Version 3.5 2019.12.09
- Small improvements
Version 3.4 2019.11.28
- Minor improvements
Version 3.3 2019.11.28
- Minor improvements in some calculations...
Version 3.2 2019.09.24
New Update!

- The indicator can now draw smooth lines using the average price.
(The default value/period is 5. But, you can change the smoothness however you like...).
Scroll down from the top in settings and you'll find the parameter...

- Fixed indicator sending alerts in-between time intervals.
- Minor improvements in risk management calculations for accounts that use currencies other than USD.)
Version 3.1 2019.08.21
- Minor Improvements for EXOTIC pairs.
Version 3.0 2019.08.21
- Just a quick fix [H4 timeframe crashing after I updated to version 2.9]
(It was a minor problem, it's fixed now!) [version 3.0]
Version 2.9 2019.08.21
New Update!

- Minor Improvements in some calculations...
Version 2.8 2019.08.20
New Update!

- Added risk-reward ratio in the chart for open and pending orders.
You can also draw it your self. Specify open price, sl, tp and lot size etc...

- Added "X" for potential turning points in the chart. If the base/quote currecy is over bought/sold. The indicator will draw 'X', indicating that the market might start turning around [Its a warning for potential turning point]. The colour of 'X' will indicate which currency is over bought/sold.
Version 2.7 2019.08.19
New Update!

- Fixed Indicator sometimes crashing when opening in W1 or MN timeframes.
- Fixed Indicator sometimes crashing when opening in Gold M1 & M5 timeframes.

I'm working on more of the requests you guys sent me. I'll update in few days...
-> If you haven't contacted me for more information regarding the indicator and how to use it, then, contact me via email.
-> And if you need any assistance in setting up the indicator or Red text/message on your screen, you may contact me as well...
---[ More updates coming up ]---
Version 2.6 2019.08.06
New update!

- Added notifications for divergence signals as another option.
- Signals will only be sent after the candle closed (Reduced number of signals)
- Added the ability to filter signals:
(You can choose to receive signals only for a certain currency or currency pairs list you want to focus on)
(Enable 'Filter_Signals' -> 'Yes') and choose how would you like to receive signals for which pairs...
+ Minor improvements...
Version 2.5 2019.04.21
New update!

The indicator has two (2) types of strategies programmed.
- Strategy 1: Day Trading / Short term trading. [Option 1 in settings]
- Strategy 2: Long Term trading (Higher timeframes. [Option 2 & 3 in settings]

Strategy 1 - is all about trading diverging currencies for a short/limited period of time.

Strategy 2 - is about trading long term trend. This strategy uses a period for calculations. You can change the period to any number in settings. The default period is set to 20.

The indicator is suitable for short term and long term traders.

For more insight, scroll through the comments and check comment no. 40 (#40).
Version 2.4 2019.04.16
New update!

- The indicator now colours candles to identify the trend based on currency strength calculations.
- When the market is going up, the candles will be coloured in green.
- When the market is going down, the candles will be coloured in red.
You can change to any colour you like...

Imoprtant:
- Right click the chart and go to properties -> common.
- Uncheck the box "Chart on foreground"

--->>> Make sure to uncheck the box "Chart on foreground" in properties/common to be able to see coloured candles.
Version 2.3 2019.04.15
New update!

- The indicator now displays all types of signals in 1 window.

Tip:
- You don't have to wait for signals.
-> You can enter the market anytime using "CSM Multi-timeframe" dashboard.
This dashboard was designed to tell you which currencies you should be trading at that moment.
It calculates across all timeframes and will tell if the currency is appreciating/depreciating.

Example:
- if GBP is strong (+0.235%) and USD is weak (-0.133%). (Choose any currency which is strong against weak currency).
Since GBP is strong, check "CSM Multi-timeframe" dashboard if GBP is further appreciating/getting stronger on multiple timeframes.
And also check if USD is further depreciating/getting weaker.
In that case, its a good time to enter the market, as long as they are diverging from each other.

The indicator will tell you which ones are appreciating or depreciating.

Remember - If you're buying "EURUSD" currency pair, That means you're:
- Buying EUR currency (Base currency)
- Simultaneously selling USD currency. (Quote currency)

Understand the relationship between Base currency and Quote currency.
Version 2.2 2019.04.15
New update!

- Removed the small breakout alert bug!
Version 2.1 2019.03.26
Disabled Alerts for level breakout, the alert bug will be fixed on the next update.
Version 2.0 2019.03.24
New Update!

- The indicator now displays numbers below currency labels indicating whether a currency is overbought or oversold.
(Above +80 = Over bought | Below -20 = Over sold)
When the value increases, it will be a positive number (e.g +66.25), and when the value is decreasing, it will be a negative number (e.g -33.21)

Tip: When a currency is overbought, it is more likely to start depreciating or lose strength.
When a currency is oversold, it is more likely to start appreciating or gain strength.
This is very important because it will also help to time your trades...
-> For a strong currency, trade when the value is increasing/positive.
-> For a weak currency, trade when the value is decreasing/negative.
Trade diverging currencies...
Version 1.9 2019.03.18
New update!

- Add up to 3 levels targeting currencies that are breaking out of each level.
- The indicator will alert you or send a notification to your phone when strong/weak currencies break out of each level specified by you.
> This will make it easier to target which currencies are moving or strongly trending.
Version 1.7 2019.02.24
New update!

- The multi-timeframe dashboard now has a Multi-Timeframe currency trend analysis. (This will make it easier to spot trending currencies and reversing currencies...)
- Plus other improvements as well...

Enjoy! :)
Version 1.6 2019.02.05
New update!

- The indicator now displays divergence arrows in a window.
- Added currency status comment.
- Added more trading sessions options.
Version 1.5 2019.01.30
New update!
- Modified a few things in Risk Management calculations...
Version 1.4 2019.01.28
New update with new features!

New Features:
- CSM Multi-timeframe now has confirmation boxes to confirm appreciation or depreciation of a currency.
If a currency is reversing, the text in multi-timeframe will be written in red colour.
- Account Information dashboard. This dashboard will display your account leverage, balance, equity, margin (%), free margin (%), floating profit (%), net profit for a specified period, the amount you're risking and targeting, risk-reward ratio calculation, the total number of orders running.
It will calculate the lot size you should use to only risk a certain percentage of your account depending on where you want to place your stop loss.
- Trading Sessions > it will indicate (draw boxes) each trading session in a chart.
- It will calculate the range (in pips) of each period.
Version 1.3 2018.12.26
New Update!

The code is restructured to prevent any type of crashing during testing and live chart. It was tested before publishing.

New features:
- Send a text message to your phone just for testing. You can type any message and see if you'll be able to receive it on your phone. You need to test so that you know for sure you'll be able to receive $ignals directly to your phone. Watch the video to learn how you can activate it.
Please note! this does not work during testing... only in a live chart.

If there's any problem, go to my main page to see my contact details and don't hesitate to contact me...
Enjoy!!! :)
Version 1.2 2018.12.26
The reason the chart is empty or does not display data is that this indicator is a multi-timeframe indicator and needs all data to make calculations.

Follow instructions:
1. The indicator needs data (M1,M5,M15,M30,H1,H4,D1,W1,MN) for all 28 FOREX pairs + Gold + Silver.
- All timeframes MUST have data. Remember, when you open a new empty chart, after few seconds, it shows candlesticks. That means MT4 has downloaded data for that chart & timeframe. You need to cycle through all timeframes for all pairs. And then when you're done, RESTART MT4 (Close it to save info and open it again).

2. Check Symbol names for GOLD/XAUUSD and SILVER/XAGUSD in settings.
- Change those symbol names to the one your broker supports. Also, check Prefix and Suffix.

Without data, there's nothing to calculate. MT4 is an older version. MT5 is more advanced.
If all instructions are followed and all data is downloaded and saved. The indicator WILL WORK.
My other clients are using it without any problem...
ENJOY!!! :)
Version 1.1 2018.12.25
New Update!
- The indicator will explain and tell you what to do when the window is empty or doesn't display anything... :)