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Currency Strength Meter Pro Dashboard for MT4

5

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. Gold symbol can be changed to other symbols like XAG, XAU etc.


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);
  • 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, 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);
  • User-friendly interface;
  • High resolution screens support (4K);


Relative links:


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!


Reviews 14
Suvashish Halder
1018
Suvashish Halder 2022.05.19 18:37 
 

5 Star No Doubt but make sure to apply this indicator with the trend for better results. Thank you.

John Gray
415
John Gray 2022.04.26 02:47 
 

I paid $60.00 for this indicator. Loaded it on my chart found a trade within minutes and closed it out 30 minutes later for a $435.00 profit. Fair to say I'm happy with my purchase.

deimy
413
deimy 2022.04.04 06:59 
 

Great indicator, simple to read but powerful for me. Very costumable, show correctly strength. And most important, author assist me step by step to customize the indicator, very good support. Thank you

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PROscalper is a perfect tool for traders who use the scalping strategy! It gives you the visual view of the main Stoploss, Takeprofits and current/last pips on the chart and also in the integrated menu. So with this overview you have the high quality indicator for scalping! You can use PROscalper on any timeframes and on any pairs, but lower timeframes are recommended. To improve results, you can combine PROscalper with a Trendindicator (TrendfollowerSR) to get a dual confirmation for the entrie
99 USD
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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. Gold symbol can be changed to other symbols like XAG, XAU etc. 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 history data of all 28 major curren
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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. Gold symbol can be changed to other symbols like XAG, XAU etc. 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 history data of all 28 major currenc
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Currency Strength Meter is the easiest way to identify strong and weak currencies.   The   indicator shows the relative strength of 8 major currencies: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD. 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; The indicator is created and optimized for using it externally at an Expert Advisors or as a Custom Indicator inside your programs.
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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. Gold symbol can be changed to other symbols like XAG, XAU etc. 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 pair
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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 M1
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Trend Power for MT4
ALEKSANDR SHUKALOVICH
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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
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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. Gold symbol can be changed to other symbols like XAG, XAU etc. 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 history data of all 28 major curren
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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. Gold symbol can be changed to other symbols like XAG, XAU etc. 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 pair
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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
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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, Intere
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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 yo
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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 sh
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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
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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 sh
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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
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Trend Power for MT5
ALEKSANDR SHUKALOVICH
5 (1)
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 align
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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
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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 defau
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Suvashish Halder
1018
Suvashish Halder 2022.05.19 18:37 
 

5 Star No Doubt but make sure to apply this indicator with the trend for better results. Thank you.

ALEKSANDR SHUKALOVICH
4811
Reply from developer ALEKSANDR SHUKALOVICH 2022.05.19 19:53
Thanks for your review.
John Gray
415
John Gray 2022.04.26 02:47 
 

I paid $60.00 for this indicator. Loaded it on my chart found a trade within minutes and closed it out 30 minutes later for a $435.00 profit. Fair to say I'm happy with my purchase.

ALEKSANDR SHUKALOVICH
4811
Reply from developer ALEKSANDR SHUKALOVICH 2022.04.26 06:49
Thanks for your review.
deimy
413
deimy 2022.04.04 06:59 
 

Great indicator, simple to read but powerful for me. Very costumable, show correctly strength. And most important, author assist me step by step to customize the indicator, very good support. Thank you

ALEKSANDR SHUKALOVICH
4811
Reply from developer ALEKSANDR SHUKALOVICH 2022.04.04 07:47
Thanks for your review. It's very important for me.
Happy Scalper
704
Happy Scalper 2021.12.10 20:31 
 

Best indicator ever developed PERIOD! Dead nuts accurate. No lagging. Great for scalping! Thank you very much for a great indicator! Money maker for sure. Thanks again, much appreciated.

ALEKSANDR SHUKALOVICH
4811
Reply from developer ALEKSANDR SHUKALOVICH 2021.12.11 11:14
Thanks for such positive review. Hope it will be profitable for you for a long time.
34626502
21
34626502 2021.10.01 10:56 
 

it's good trust me you need it, I feel so good that i bought this product instead of renting it so that it's there with me life long!!!

Himanshu_121
21
Himanshu_121 2021.06.25 13:15 
 

Very powerful tool to add pips securely in your pocket. Its been great experience so far running in profit since I have purchased this indicator the support and effort of the creater is appreciable totally recommend this masterpiece !!! Thank you so much Mr. Genius 🙏

Xavira
24
Xavira 2021.06.23 22:14 
 

Great tool!!! I bought this one, because it is VERY easy to read. On one glance one can see easily strong, weak, neutral currencies in comparison to each other including three different time frames (1h,4h,daily). Very, very comfortable and easy to use. On top: I actually made a lot more profit since I use it. It mostly works to keep oneself to the info of the tool. In fact it is always right, but one should also closely look at the chart if there is really a clear trend to see which might last longer than one hour or so. If there is a solid trend, the currency strength meter confirms....then just go for it, it almost always works and the profit is sure. Thanks to the developer for this good job, makes my life a lot easier. Just one little hint: I use it in meta trader 4 and it works well there, but when I have opened up to many chart windows and same time the csm loaded in each chart, then the meta trader software makes problems (I can`t use the drawing tools anymore and I also can`t switch between the timeframes anymore). The csm can be opened in 6 or 7 chart windows same time, but using it in more windows same time can cause problems. At least in my case.

ALEKSANDR SHUKALOVICH
4811
Reply from developer ALEKSANDR SHUKALOVICH 2021.07.09 12:19
Thanks for you review. I'm working to improve performance of indicator. By my testing now calculation of currencies strength was reduced for 85 percent. It's 7 times faster than at current version. Hope it helps for your usage. Wait for new update version 3.03. Also I wish your feedback after using of new version 3.03.
Thanks for you intend to improve this indicator.
MT102
756
MT102 2021.05.31 12:09 
 

Great indicator, works well as described and it fit my trading system well !

UPDATE review:

The seller is super nice and extremely cooperated. He would help you step by step to customize alert for the indicator, following your own system rules. Really great support! Highly recommended.

ALEKSANDR SHUKALOVICH
4811
Reply from developer ALEKSANDR SHUKALOVICH 2021.06.01 08:44
Thanks for review. It helps customers and me.
Shaizar01
94
Shaizar01 2021.04.07 08:59 
 

I have purchased the currency strength meter pro dashboard mt4 after the 2.10 vision this indicator gives me better results and is highly accurate. If You didn't purchased this indicator don't shop-around the currency strength meter Pro Dashboard is available for and the Trend power ,this are the most powerful tools to have in your trading toolbox.

Mah27
72
Mah27 2021.01.02 02:04 
 

Five star indicator. The Author is helpful and reachable any time. I use this indicator since 5 months ago, and I am happy. Thanks Aleksandr

OLIVER GYILA
1846
OLIVER GYILA 2020.10.21 10:54 
 

Excellent product, really great help to complement my strategy. Developer is also very helpful and quick in responses. Highly recommend

Viet Le Hoang
35
Viet Le Hoang 2020.07.25 15:11 
 

Excellent! I tested the CSM, the numbers are very close to Adam Khoo's CSM.

ALEKSANDR SHUKALOVICH
4811
Reply from developer ALEKSANDR SHUKALOVICH 2020.10.18 09:44
Watch image by this link: https://c.mql5.com/31/513/Untitled4.png
for compare this CMS indicator with Adam's CSM.
Thanks for review.
Imtiaz Anik
65
Imtiaz Anik 2020.07.24 09:29 
 

User didn't leave any comment to the rating

tankuanwei
25
tankuanwei 2020.06.02 13:54 
 

I purchased this indicator and it is really helpful to determine the strongest currencies against the weakest currencies. It helped me to end the month with an positive return which increases my win rate a lot. Really great product .

Reply to review
Version 5.0 2022.06.19
Added possibility to change table header text color for all tables.
Added possibility to change text color of table cells for weak, strong and neutral currencies strengths.
Added "Disabled" log level and it's used by default.
Added possibility to change symbol of current chart by clicking instruments names on headers of simple table rows on dashboard.
Added possibility to change timeframe of current chart by clicking on timeframes on header of simple table columns on dashboard.
Added possibility to change timeframe of current chart by clicking on timeframes on header of sorted table columns on dashboard.
Updated GUI Processor with many graphical improvements and bug fixes of UI processor.
Improved strength calculation speed.
Improved calculation speed of indicator processors for "Time based process" (if possible it passes calculation to "Index base process" which is much faster than "Time based process").
Improved log messages and added new messages to log.
Workaround incorrect symbol parsing by XM broker.
Fixed not updating indicator strength values in some cases (when history time equals to 0, transmitting to "Index base" calculation).
Fixed wrong average strength value calculation in some cases.
Refactoring and many other improvements.
Version 4.0 2021.12.31
Added possibility to run many instances of indicator to the same chart window.
Added application source description for all notifications, it helps to identify from which instance of indicator a notification was thrown.
Added possibility to change the names of tradable pairs table's columns.
Added tracing for terminal information, broker information, MQL program information and input parameters information.
Added "Get instruments from" property for Simple Table, Sorted Table and Tradable Pairs Table to show strength only for specified instruments.
Added possibility to show Cross Lines Notification for instruments from specified symbols or specified instruments.
Added possibility to show Cross Level Notification for instruments from specified symbols or specified instruments.
Added possibility to show Tradable Pairs Notification for instruments from specified symbols or specified instruments.
Added possibility to show Currencies Strength State Notification for instruments from specified symbols or specified instruments.
Added possibility to change table head color for all tables (Simple table, Sorted table, Tradable pairs table).
Added possibility to highlight tables' timeframes cell for current chart timeframe by different color.
Added possibility to highlight tables' instruments cells for current chart symbol by different color.
Added cross level notifications for average strength from multiple timeframes.
Added cross lines notifications for average strength from multiple timeframes.
Added possibility to search crosses lines for cross lines notifications on different timeframe together at the same time (works as AND condition) like it was done for crosses levels notifications.
Added new filtering algorithm for tradable pairs searching. It's called "Symbols". It allows to search tradable pairs with pairs which are listed by user or ignore pairs which are listed by user.
Changed MA algorithm rules for search of tradable pairs (If you are using custom tradable pairs expression do not forget to update your expression according new rules for MA algorithm).
Fixed not showing last tradable pair at tradable pairs table if all pairs should be shown by condition.
Fixed typo mistakes at input parameters of indicator.
Version 3.3 2021.08.21
Optimized of CSM values calculation by caching values for every update circle (7 times faster, load of CPU for CSM values calculation is reduced for 85 percent).
Added several algorithms for processing of TradablePair table's cell clicking (open pair at new chart, open pair at other chart or new one if it is not opened yet).
Added scrolling of chart to history line time if it is out of view (it allows do not lose history line).
Fixed DeMarker algorithm name.
Version 3.2 2021.06.25
Added 5 properties for tradable pairs expression (this properties concatenates together and allows to avoid MQL limits for property length of 226 chars, now it's possible to use expression with 1130 chars length).
Version 3.1 2021.06.23
Added possibility to enable tradable pairs notifications only for specified columns.
Version 3.0 2021.06.07
Added possibility to backtest history data with history line at specified time with one minute accuracy (not only with close time of candle).
Added possibility to change Gold symbol. It allows to use any different symbol not only gold but XAG, XAU etc.
Added Bullish or Bearish direction of tradable pairs in tradable pairs notification message.
Adding history line object to visible list of chart objects.
Keeping history line state on chart even if indicator's properties have changed.
Momentum algorithm values for strength calculation is multiplied by 100.
RVI algorithm values for strength calculation is multiplied by 100.
Version 2.11 2021.03.31
Fixed tradable pairs finder for MA alignment algorithm if Gold is enabled.
Version 2.10 2021.03.29
Added navigation through tradable pairs by left mouse click on calls of tradable pairs table.
Added bearish and bullish coloring of tradable pairs table according to expression at indicator properties.
Added possibility to change color for bearish and bullish of tradable pairs cells.
Added bearish or bullish description next to tradable pair for Currency Strength State Notification.
Added new DM (Difference max between currencies' strength) algorithm for tradable pair search engine.
Added Moving Averages Alignment algorithm for tradable pair search engine.
Fixed D (Min Difference between currencies' strength) algorithm for tradable pair search engine for (CCI, RVI and Momentum algorithms).
Fixed indicator initialization if cross level expression is empty at indicator properties.
Version 2.2 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 2.1 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.
Added scale ration parameter for RSI algorithm.
Restore dashboard state when change chart symbol, timeframe, reconnection to the server and changing indicator properties.
Version 1.10 2020.05.03
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.
Deleted not used inputs.
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.
Version 1.2 2020.04.30
Fixed issue with indicator launching because of long indicator file name.
Version 1.1 2020.04.30
Indicator is recompiled with new version of MT4.