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Currency Strength Meter Pro for MT5

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 currency pairs and 9 timeframe. History data will be downloaded automatically as indicator will be started.


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 (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);

Currency Strength Meter Pro Dashboard for MT5 (Contains only dashboard): https://www.mql5.com/en/market/product/49325

Currency Strength Meter Pro Graph for MT5 (Contains only graph): https://www.mql5.com/en/market/product/49326

Current Indicator for MT4: https://www.mql5.com/en/market/product/48464


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


If you want new feature contact me please.


Take profit!

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Sugianto
Reversal Z is an indicator to determine the reversal point based on support and resistance. Reversal Z is equipped with up and down arrow plus alert to suggest entry positions. How To use this indicator : here Input indicators: + Averaging Period: Total Bar history to determine support and resistance. + Popup message : Show alert window + Push notification: Send notification to MetaQuotes id + Email: Send email + Play sound on alert: Play alert sound + Sound files: Sound Name
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Diego Arribas Lopez
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Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
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Ihano Trend
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Vitalii Zakharuk
Crossing points of the Ihano Trend technical indicator can be used as potential market reversal points. Thus, all intersection points will be optimal points at which the movement changes taking into account the indicator period. You can adjust the settings for any symbol and timeframe. The indicator filters signals using volatility control. At a certain interval, you can choose the optimal settings for any symbol and timeframe and work with them calmly. All calculations are based on opening pric
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Configurable Dashboard Pro by RunwiseFX MT5
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Runwise Limited
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Multi Timeframe Moving Averages MT5
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Timo Kosiol
MT Moving Average MT Moving Average is an easy to use multi time frame moving average indicator. It shows moving averages (SMA or EMA) of current symbol from all time frames (higher and lower). No need to switch between time frames anymore. With help of the indicator panel you can select which timeframe should be shown on the chart. I.e. your current timeframe is M5 and you can turn on M15 to see the the moving average of period M15. Indicator settings Dark interface --> Set to true to use d
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Volume Weighted Average Price Indicator
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Khuman Bakhramirad
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Pair Trading Station MT5
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Young Ho Seo
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ScorpionFX
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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.
Speed up of tradable pairs searching with MA algorithm at indicator init time and switching timeframes.
Version 3.2 2021.06.26
Added 5 properties for tradable pairs expression (this properties are concatenated together and it 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 time based graph lines calculation (It allows to show currencies strength which is calculated on specified timeframe on candle close time of current chart timeframe).
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.
Sorting of tradable pairs alphabetically.
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.
Disabled ray property of history line.
Fixed out of range index error for indicator buffer for some CSM Algorithms.
Fixed wrong shift between text labels and graph lines for extended timeframes at MT5 (M2, M6,M10,H2...).
Version 2.12 2021.04.05
Fixed indicator buffer index out of range error for some CSM Algorithms.
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 2.3 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 all timeframes (M1,M2,M3,M4,M5,M6,M10,M12,M15,M20,M30,H1,H2,H3,H4,H6,H8,H12,D1,W1,MN1,Current).
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 delay of dashboard data updating after timeframe switching.
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 1.10 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.