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Currency Strength Meter Pro for MT4

78 USD

Demo downloaded: 377

Published: 14 April 2020

Current version: 7.20

Currency Strength Meter Pro for MT4

Name: Currency Strength Meter Pro for MT4
Price: 78.00 USD
Rating: 4.3 (10 reviews)
Author: ALEKSANDR SHUKALOVICH

4.3

Indicators
ALEKSANDR SHUKALOVICH
Version: 7.20
Updated: 7 January 2026
Activations: 5

By default the strength value is normalised to the range from 0 to 100 for RSI algorithm:

The value above 60 means strong currency;
The value below 40 means weak currency;

This indicator needs the data of all 28 major currency pairs and 9 timeframe.

Use the Expert Adviser Downloadhistory28&9 to download data automatically: https://www.mql5.com/en/blogs/post/728216

This Currency Strength Meter supports many powerful features:

Currency Strength Meter Dashboard (shows strength of currencies for any timeframe with sorting by name or value at one user-friendly dashboard);
Currency Strength Meter Graph (shows strength of currencies with graphic lines and labels near to lines or at corner of graph);

Candle close time graph lines calculation;
Time based graph lines calculation;

Graph lines styling for chart symbols and other symbols;
Allows to calculate average currency strength from specified timeframes;
Searching tradable pairs by several algorithms (allows to find strong and weak currencies and show them at table as tradable pairs, you do not waste your time to do this calculation manually);
Powerful notification manager:

Notifications by crossing level (levels and timeframe is set by formula);
Notifications by crossing lines (timeframe is set by formula);
Notifications when new tradable pair is found (tradable pairs are found by formula);
Notifications about CSM state;

Many algorithms for calculation of strength of currencies (MACD, RSI, CCI, RVI, MFI, Stochastic, DeMarker, Momentum);
Powerful tradable pairs search engine by expression;

Min difference between strength of strong and weak currencies;
Min strength level for strong currency and weak currency;
Max difference between strength of strong and weak currencies;
Moving averages alignment;

Coloring of any object of Currency Strength Meter;
History line (allows to get Currency Strength Meter value for particular time in history, it helps to backtest your trading strategy with using Currency Strength Meter);

Calculation on candle close time;
Calculation on specified time with one minute precision;

Moving average smoothing (allowed to smooth result with specific algorithms);
Latency (allowed to calculate currency strength with specified interval, thus it takes less time for calculation);
Allows to show data only for specified currencies (chart pair, market watch pairs, all currency pairs);
User-friendly interface;
High resolution screens support (4K);
And much more (see indicator's properties);

Relative products:

Current Indicator for MT5
Currency Strength Meter Pro Dashboard for MT4 (Contains only dashboard)
Currency Strength Meter Pro Graph for MT4 (Contains only graph)

See additional indicators for trend trading:

Trend Power for MT4 - It helps to identify trend direction and its power by using moving averages ZigZag pattern and correlations of tradable instruments.
MA Bounce Strategy for MT4 - It helps to identify and find place for potential market entry by MA bounce strategy.
Chart State Saver for MT4 - It helps to save and manage states of all charts even if they would be closed.
News Scalping Executor Pro Utility for MT4 - It helps to trade high impact and huge volatility news.

Communication:

Join Take Profit Channel to get latest news and updates.
Join Take Profit Group to discuss products of author.
If you want new feature contact me please.

Take profit!

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Video Currency Strength Meter Pro for MT4

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TheHaratashi 2026.01.13 02:03 #

This meter is so good I bought a 2nd copy for my other computer! This meter is exactly what I was looking for. I looked everywhere for free or paid meters like this and couldn't find anything until I found this one. And the training links Aleksandr provides are pure gold. They say the holy grail doesn't exist, well, it does now!!!

Ericj1 2023.03.08 10:59 #

Good day, I am renting the indicator and it is a good indicator. I want to use this indicator to trade GOLD and USD. How to remove all the other currecny lines showing the streght and weakness and be left with only GOLD and USD lines that will show strenght and weakness on thi strenght meter

2417

danmar 2023.03.03 17:53 #

HI i just discover that my very very recent asking to have 0, 1 or 2 decimals to have more easy to read was already made ! Great Aleksandr because for me it is so much clear ! your curr str is very very interesting, accurate and your reaction so quick Thanks a Lot. i appreciate a lot i use it , i have a lot of "other" currency and this one is very good and so easy to adapt visual and mode of compute well done for a nice price also Warmly ++++

2023 09 25 : this tool is really very accurate and has all the possibility to adapt at all needs (at least mine !) really accurate, quick compute, and Aleksandr answer all my questions quickly even the response is probably evident

i have 2 necessary tools and this one is one of the 2.

thank you a lot, well done, warmly

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News Scalping Executor is an advisor which helps to trade news with high impact and huge volatility. This advisor helps to create two opposite orders with risk management. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. To be profitable with this type of trading you should choose the most volatile types of news such as: GDP, CPI, Unemployment Claims, Interest

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News Scalping Executor Pro is an advisor which helps to trade news with high impact and huge volatility. This advisor helps to create two opposite orders with risk management and profit protection. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. It can lock profit by moving stop loss or partially closing of orders. To be profitable with this type of trading yo

70 USD

80 USD

Trend Power Indicator is an indicator which helps to identify trend direction and its power by using moving averages ZigZag pattern and correlations of tradable instruments. It provides trend power data with user-friendly interface which can be read easily and fast. This indicator by default is configured for trading of Adam Khoo's ( Piranhaprofit ) strategies. It saves mass of time for searching of tradable pairs by his strategies. It indicates when all required moving averages are alignment

38 USD

Chart State Saver for MT4 is utility which helps to save states of all your charts even if they will be closed. And then all saved charts' states can be easily loaded back to charts. It stores templates for each particular currency pair and automatically applies them to charts once they will be opened at next time. Also they can be applied to the charts by your own needs. Thus you can close any chart at your MT4 without scaring to lose chart's data like drawls, messages, chart styling and so on

35 USD

The MA Bounce Strategy is a strategy that seeks to long FX pairs on a strong uptrend as they bounce off their MA support and shorting FX pairs on a strong downtrend as they bounce off MA resistance. The best suitable periods of moving averages for that strategy are 18, 30, 50. This indicator helps to identify and find place for potential market entry by MA bounce strategy. Read More information about MA Bounce Strategy . By default MA Bounce Strategy indicator is configured for trading of M15

80 USD

News Scalping Executor is an utility which helps to trade high impact and huge volatility news . This utility helps to create two opposite orders with risk management and profit protection. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. It can lock profit by moving stop loss or partially closing of orders. To be profitable with this type of trading you shou

60 USD

News Scalping Executor Pro is an utility which helps to trade high impact and huge volatility news . This utility helps to create two opposite orders with risk management and profit protection. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. It can lock profit by moving stop loss or partially closing of orders. To be profitable with this type of trading you sh

70 USD

62 USD

42 USD

38 USD

Chart State Saver for MT5 is utility which helps to save states of all your charts even if they will be closed. And then all saved charts' states can be easily loaded back to charts. It stores templates for each particular currency pair and automatically applies them to charts once they will be opened at next time. Also they can be applied to the charts by your own needs. Thus you can close any chart at your MT5 without scaring to lose chart's data like drawls, messages, chart styling and so on

35 USD

The MA Bounce Strategy is a strategy that seeks to long FX pairs on a strong uptrend as they bounce off their MA support and shorting FX pairs on a strong downtrend as they bounce off MA resistance. The best suitable periods of moving averages for that strategy are 18, 30, 50. This indicator helps to identify and find place for potential market entry by MA bounce strategy. More information about MA Bounce Strategy can be read by this link https://www.mql5.com/en/blogs/post/743037 . By defaul

80 USD

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TheHaratashi 2026.01.13 02:03 #

6690

Reply from developer ALEKSANDR SHUKALOVICH 2026.01.13 19:13 #

Thanks for your review.

Ericj1 2023.03.08 10:59 #

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Reply from developer ALEKSANDR SHUKALOVICH 2023.03.08 11:21 #

Thanks for you review. It's very important for me. Answer for your question is here: https://www.mql5.com/en/market/product/48464#!tab=comments&page=8&comment=45459430

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danmar 2023.03.03 17:53 #

i have 2 necessary tools and this one is one of the 2.

thank you a lot, well done, warmly

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Reply from developer ALEKSANDR SHUKALOVICH 2023.03.08 11:22 #

Thanks for your review.

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271811 2022.09.07 01:55 #

Stay awayfrom strength meters...They only tell you what happened already in the market...useless

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Reply from developer ALEKSANDR SHUKALOVICH 2024.12.07 14:49 #

I'm glad to hear that because this indicator was created to show what happening in the market. And traders can use this information to analysis market chart. By the way all indicators analysis historical data and then calculate its own data. There is no indicators which can see future. And it's all good because smarter traders can earn money from less smarter traders unless who become sponsors for successful traders.

Bonnysam 2022.08.20 23:42 #

One of the best indicators i bought. The indicator is amazing and it saves soo much time. but what amazed me mostly is the level of care and help you get along with the indicator. Thank you Aleksander for offering 5 stars customer service. This will def not be the last time I purchase on of his remarkable indicators. I recommend you to get this indicator, YOU WILL NOT REGRET THIS

6690

Reply from developer ALEKSANDR SHUKALOVICH 2022.08.21 09:18 #

Thanks for review. I accept any ideas to improve indicator functionality.

astri453 2021.10.25 14:33 #

What a good Indicator! I like it.

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Reply from developer ALEKSANDR SHUKALOVICH 2021.10.25 20:22 #

Thanks for good review. It's very important for me. I'm getting inspiration to improve it.

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ROBERT EDWARD BIRD 2021.05.18 06:44 #

Not accurate at all. One minute it gives you clear indication that a trade is good as per levels. You take the trade based off lower tf and BOOM..... Reversal. Consistent losses. Save your money on this one

6690

Reply from developer ALEKSANDR SHUKALOVICH 2024.01.02 17:10 #

I tried to help customer to improve its practice of using indicator.
ALEKSANDR SHUKALOVICH
Hi, I have seen you not very kind review. I want to help you. You first my customer who not so satisfied with my indicator. I think you are using it on a wrong way. I think something wrong with you trading strategy. Then lower timeframe you are using then much higher trading skill trader must have. 1 minutes timeframe is for master expert of trading. It's because on lower timeframe is very easy to manipulate with people. If you are not profitable on D1, H4, H1 TM you shouldn't use lower TF. Also Have you take your trades on price levels? Because if you take it between levels your stop loss can be easily triggered. Indicator shows currencies strength at current time. It's not a leading indicator. It does not see the future. As price starts to change values of indicator changes too and it does its work very accurately (I do not know why you think it's not accurate at all). Tell me about your trading strategy? I think I can help you with it. This indicator helps me to increase my winning trades about 6 percent. You shouldn't trade only indicator values blindly.
10:36 ALEKSANDR SHUKALOVICH
Good way to use indicator is to find many entries to the market according to you strategy then backtest this entries with indicator. Indicator allows to aggregate CSM values from history, Than you should find best CSM values for entry by analyzing your statistic. Than you should check each new entry. They should have similar CSM values.
11:28 ALEKSANDR SHUKALOVICH
By the way tradable pairs are configured for M15 timeframe.
20 May 05:02 ROBERT EDWARD BIRD
Thank you for your reply. Firstly, I am not a new trader. I have a pretty good grasp on what to look for.
Now looking through your message, my trading strategy is trend. I try to stay with the trend amd occasional pullback. Iv'e been trading 1 hr tf but entering off lower tf.(5-15min). I was using your indicator to try to accomplish this better. What I found was that even thhough all indicatirs on m15-D1 would be showing green and over 60% before I would trade with that trend. EG... XAU/USD. XAU would read over 60% on all TF's and USD under 40. Trade would be entered and lost within the hour.
05:03 ROBERT EDWARD BIRD
It would be helpful to see a user guide that caters to the average person on how to initiate your system. As for now, it just loses. Even off 15 min tf
05:06 ROBERT EDWARD BIRD
I also don't know why there is 2 tradable pairs columns. Perhaps you could let me know?
21 May 09:06 ALEKSANDR SHUKALOVICH
Sorry for my long respond. I have been out. I'll try answer soon.
09:21 ALEKSANDR SHUKALOVICH
1) I also don't know why there is 2 tradable pairs columns. Perhaps you could let me know?
First column to shows tradable pairs uses only currencies strength values from different timeframes.
Second columns to shows tradable pairs uses currencies strength values from different timeframes + moving averages alignments.
This columns uses as default presets. As I supposed this columns should be changed by trader according there needs and strategy. It's because each strategy requires its own strength of currencies. Also values from CSM can be used as countertrend traders. For example if strength of USD 80 and strength of CAD 20. These values very over stretched and they can be reversed to opposite direction (USD goes down and CAD goes up).
I supposed trader would backtest its strategy with CSM values and would find the best strength of currencies to its strategy. And then reconfigure tradable pairs columns to show only what trader needs.
Tradable columns count can be changed from 0 to unlimited. It can be done my changing a tradable pairs expression at indicator properties. Look to "Tradable pairs" section at it's properties.
09:24 ALEKSANDR SHUKALOVICH
here is rules from one of my trading strategy
...... ALEKSANDR SHUKALOVICH
It has 31 condition to check. CSM takes only 1 item and it allows to increase my win rate about 6 percent according my statistic. And still this item on experimental state. I'm looking for a better values from CSM. Every 3 month I check all setups and analyze values from CSM.
09:29 ALEKSANDR SHUKALOVICH
I can share my trading plan. Maybe it will be useful fore you.
09:31 ALEKSANDR SHUKALOVICH
Also strength for XAU is not very accurate because to identify its strength accurately you broker has to have all pairs with XAU (XAUAUD, XAUCAD, XAUCHF, XAUEUR, XAUGBP, XAUJPY, XAUNZD, XAUUSD)
09:32 ALEKSANDR SHUKALOVICH
I think your broker has not all of them.
09:32 ALEKSANDR SHUKALOVICH
At indicator properties you can see a warning about it.
09:33 ALEKSANDR SHUKALOVICH 09:36 ALEKSANDR SHUKALOVICH
I'm working on update right now which allows to backtest history on much more powerful way. Now it allows to grab CSM values only from indexes of closed candles. After update you can grab CSM values from any time with 1 minute precision.
09:39 ALEKSANDR SHUKALOVICH
I have many works to do updates for indicators it's very hard to me to write a good documentation. I have started working on it but it still very poor. sorry for that.
09:40 ALEKSANDR SHUKALOVICH
About my other strategy you can read here https://www.mql5.com/en/blogs/post/743037 MA Bounce Strategy
MA Bounce Strategy Indicator There is an indicator which can help to identify and find place for potential market entry by MA bounce strategy. Indicator can be downloaded by this links: MT4
09:40 ALEKSANDR SHUKALOVICH
I have sent you this link before.
09:42 ALEKSANDR SHUKALOVICH
Also I do not know all details about you strategy. There is a chance that this indicator is useless for you trading strategy.
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By the way if you have consistent loss just switch "Buy" and "Sell" buttons and you would gain consistent profit.

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Clive Tyler 2020.11.24 09:32 #

Excellent indicator from an excellent creator, who offers superb customer service and communication. Highly recommend!

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lampaal 2020.09.16 19:43 #

Best indicator ever - the functionality is excellent. 100 stars. The new release is even better, now 1000 stars, what a tool!!

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Reply from developer ALEKSANDR SHUKALOVICH 2021.07.09 12:10 #

Thanks for you review. It's very meaningful for me. Hope it helps customers too.

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aw1977 2020.08.25 07:58 #

User didn't leave any comment to the rating

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Aravind Kolanupaka 2020.07.17 04:33 #

Nice Indicator. 10 Stars **********

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Reply from developer ALEKSANDR SHUKALOVICH 2021.07.09 12:09 #

Thanks for you review.