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Stochastic Basket Currency Strenght FREE

The Stochastic Basket Currency Strenght brings the Stochastic indicator to a new level. 

Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses. 

The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame. 

After that, the indicator plots the average of the values, making it as an oscillator around the zero value. 


If the currency line is over the other, it indicates a whole strenght of such currency against the other seven. 

If the currency line is over the zero line, it's a clear signal of strenght, driving the price in the direction of the currency position (long if currency is the numerator, short if it is the denominator).


The Stochastic Basket Currency Strenght can be fully customized with your favourite Time Frame (greater or equal your working Time Frame), and can take as inputs the values of K,D and Smoothing that you want. 


It is a great tool for trend confirmation and for spotting potential reversal moments, while the counter currency gains strenght in the whole market. 


WARNING!

Free version works only on the EURUSD pair!!

Full version available here --> https://www.mql5.com/en/market/product/48488



Proudly developed by www.automazionetrading.com 



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Scanner and Dashboard for Cycle Sniper ATR Fibo Channels Indicator As users know indicator draws Fibonacci Channels and arrows according to the user's settings. With CS ATR Fibo Channels Scanner, you will have the ability to watch the market. - Multi Timeframe - Multi Instrument Enter your parameters to watch (as explained in Cycle Sniper ATR Fibo Channels Indicator )  - If you cho0se "Arrows by ATR Levels" , you will receive the potential reversal arrrows. - If you choose "Arrows by M
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Range Exhaustion
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Robert Gerald Wood
Range Exhaustion occurs when price meets or exceeds the expected range for the current period. At these levels, price starts to lose its momentum relative to earlier in the period, so its a good point to make sure you are not taking new positions. This indicator will show you where this is likely to happen on your chart, showing levels for Daily, Weekly and Monthly periods. When you see price exceeding these exhaustion levels, it's telling you that the momentum behind the move is very strong an
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Square of 9 for all
Square of 9 for all
Francesco Rubeo
Welcome all to the famous Gann's "Square Of 9"!! This method was used by one of the best traders in the history, a person who made his way among the top traders. An "Holy Grail" for whoever wants to learn trading. The "Square of 9" was used by this genius to find the market's future supports and future resistances. Nowadays is possible to find them with just a click, thanks to softwares. At the time Gann was using just his set of square and goniometer!! Gann describes, partially, the tecnique on
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Extreme Swing Indicator
Extreme Swing Indicator
Filip Maurice Daelman
Dear Trader, this is one of the most powerful signals you will find in the market place. I worked many months to improve the accuracy. Check for yourself with the demo version. Parameters are set for EURUSD. I can assist you to configure it for any other symbol or TF. It can be configured to generate more of less in-trend or contra-trend signals. Extreme Swing Indicator is a no-nonsense, no delay, no repaint indicator ! It selects buy/sell entry signals based on a number of swing calculations a
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Trend Pulse MT4
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Lihong Guo
Trend Pulse (For MT4) is a forex or stock technical analysis indicator, it shows prices Trend, Oscillator and Momentum. The chart shows bullish (buy) or bearish (sell) Trend Pulse. The Trend Pulse is easy to interpret: 1. When Trend Pulse Histogram is above zero (Green), it is bullish, when it is below zero (Red), it is bearish. 2. When Trend Pulse Histogram crosses zero, color changes, it shows the trend changes. It is a Buy or Sell signal. # No Repaint # No Future Data is used for calcul
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The cross-correlation indicator calculates the relationship between the specified pairs for the previous period. Automatically selects the instruments with the highest and the lowest correlation, and then simulates trading on the selected pairs on the same test period. Then indicator displays the pairs that have shown the best trading results. Visualizes the PAC (Pairs Arbitrage Correlation) criterion for the pairs selected by the trader. The signal to open trades is set by the PAC levels. When
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Version 1.2 2020.04.18
Fixed Plotting
Version 1.1 2020.04.14
Hotfix for a visualisation bug