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Currency Strength Meter Pro for MT4

Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU.


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);
  • 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 (RSI, CCI, RVI, MFI, Stochastic, DeMarket, Momentum);
  • 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);
  • 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);

Currency Strength Meter Pro Dashboard for MT4 (Contains only dashboard): https://www.mql5.com/en/market/product/48570

Currency Strength Meter Pro Graph for MT4 (Contains only graph): https://www.mql5.com/en/market/product/48584

Current Indicator for MT5: https://www.mql5.com/en/market/product/49323


Join  Take profit Telegram channel to get latest news and updates.


If you want new feature contact me please.


Take profit!

Reviews 4
Clive Tyler
449
Clive Tyler 2020.11.24 09:32 
 

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

lampaal
131
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!!

aw1977
289
aw1977 2020.08.25 07:58 
 

I just rent this indicator today, to test it with my current trading system. It looks promising as this indicator rich of useful features....mostly, I like history line. Thank you

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Special offer! Buy and get 100% cashback! Limited by the date of purchase - valid now from 01/28/2021. The trend detection indicator will compliment any strategy and can also be used as an independent tool. Recomedation for work with indicator #8 Benefits  Easy to use; does not overload the graphic wih unnecessary information. The ability to use as filter for any strategy. Contains bult -in dynamic levels of cupport and resistange,  which can be used both, for profit taking, and for settings up
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Filter:
lampaal
131
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!!

Clive Tyler
449
Clive Tyler 2020.11.24 09:32 
 

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

aw1977
289
aw1977 2020.08.25 07:58 
 

I just rent this indicator today, to test it with my current trading system. It looks promising as this indicator rich of useful features....mostly, I like history line. Thank you

Aravind
6865
Aravind 2020.07.17 04:33 
 

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

Reply to review
Version 2.3 2020.12.31
Added possibility to use multiple tradable pairs finders.
Added tradable pairs state to Currency Strength State Notification.
Added possibility to change visible rows count for tradable pairs table.
Version 2.2 2020.11.23
Added possibility to add dashboard window to chart main window.
Version 2.1 2020.11.20
Fixed sending Tradable Pairs notification.
Version 2.0 2020.11.17
Added high resolution screens support (4K).
Added User Interface (UI) scaling and Font scaling.
Added support of strength identification for Gold.
Added expression based tables columns visibility, It allows to customize tables columns.
Added possibility to get notification once N period candle is closed.
Added expression based notification for levels crossing, which allows to get notifications when there is a cross on many different timeframes all at once.
Added averaging CSM values for different timeframe for tradable pairs finder.
Added support for current chart timeframe for all expressions.
Added new Currencies Strength State Notification which shows strength of all currencies as N period candle is closed.
Added averaging CSM values for Currencies Strength State Notification.
Improved history data loading. It allows to show indicator data more faster if history data is missed.
Improved logging at notifications area.
Fixed updating indicator data when market is closed, when there is not any ticks.
Fixed not sending of notifications on some conditions.
Fixed typo mistakes.
Version 1.20 2020.07.09
Added auto detection of symbols suffix.
Restore dashboard state when change chart symbol, timeframe, reconnection to the server and changing indicator properties.
Added highlighting of graph lines for current chart instruments.
Added scale ration parameter for RSI algorithm.
Fixed showing of graph lines if selected "Chart Symbols" for "Symbol Type" property.
Version 1.10 2020.05.03
If not enough available bars on current chart or not full history data we start to draw graph lines for available bars rather than wait for downloading of all bars or history data.
Added logging if not possible to calculate currency strength values.
Updating indicator data forcibly if no updates last 30 seconds to avoid old data if there is no any ticks (weekends etc...) for a long time and MT would have downloaded new history data.
Updating indicator data forcibly at indicator init time to init all buffers and construct all necessary objects.
Fixed typo at currency symbol name "NZDUSD".
Fixed problem with program launch when program file name is very long.
Fixed out of range error while navigating through out indicator buffer data if not available bars at current chart.
Fixed smoothing config for Exponential, Smoothed and Linear weighted algorithms.