Market / MetaTrader 4 / Indicators /

Currency Meter Pro

30 USD

Demo downloaded: 32

Published: 19 October 2020

Current version: 1.7

Currency Meter Pro

Indicators
Ashkan Hazegh Nikrou
Version: 1.7
Updated: 16 November 2023
Activations: 5

Simple introduction to currency meter indicator :

Currency Meter Is Indicator to determine power of each currency and show them in very simple design

This indicator can help you to see power of each currency separately.
As you know when GBPUSD goes up, it means GBP going to more power or USD goes more weak, but you cant understand what is the reason of this movement, it was about GBP ? or it was about USD ?
To determine GBP power , This indicator, will check all pairs contain GBP and determine there movements and finally calculate average power of movement for GBP, and show us by percent and also histogram,
By this way you can see histogram by some green and red bars, and also percents, can show you want is the power of GBP or USD or EUR or JPY and ..

How indicator determine power of movement according to different time frames ?

This indicator draw some boxes on chart , each box relate to one of time frames, and contain 7 rows, each row show us one currency and its power percent and histogram.
When we are in H1 time frame, it means currency powers calculated according to last 1 hour movement of pairs, so by visit different boxes you can have correct view of currency power in short and long term

What about graphic design and actions can help traders to have better interface ?

Auto align boxes according to chart width, so when user change his chart size, boxes will redraw and automatically adjust according to new size
Minimize and maximize button for each box, can help trader to avoid cover his chart when he doesn't like to use indicator.

Important :

This indicator is not testable in strategy tester, becuase mt4 strategy tester has not access to multi pair, but you can see how this indicator work and how it can determine power of each currency in image and youtube video.

Do you have an idea and want to build your own product for mql5 market ?

If yes, i can be your consultant and developer , i ll guide you how to improve your idea and release it in mql5 market, click on below link and hire me.

https://www.mql5.com/en/job/new?prefered=ashkan.nikrou

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sudamagopa 2021.04.27 10:20 #

Never regret purchased this indicator. The author very patiently guiding, answer your question and hearing the update. The new update of the indicator is super. Really help a lot on trading.

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Is This tools use able for free in Forex market ? Accuracy Meter is useful and also free product, i made this product for free because i believe that any seller must have some good products for free not just release bad products as free tools. What does Green koala logo mean : Means Free Products , i ll release my free products by green koala logo, so when you see green koala, it means new free products is access able for you. Accuracy Meter Introduction : Accuracy Meter is powerful

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Join Koala Trading Solution Channel in mql5 community to find out the latest signals, news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Description : we are happy to introduce our new free indicator based on one of professional and popular indicators in forex market (Parabolic SAR) this indicator is new modification on original Parabolic SAR indicator, in pro SAR indicator you can see cross over between dots and price chart, this c

FREE

Welcome to Koala Fibo Base Time Welcome to Koala Fibo Time Zone Welcome to Koala Fibo Time Extention Welcome to Missed Tool For Meta Trade! Simple Introduction : Fibonacci Time Zones are vertical lines based on the Fibonacci Sequence. These lines extend along the X axis (date axis) as a mechanism to forecast reversals based on elapsed time. A major low or high is often chosen as the starting point. Distances start relatively small and grow as the Fibonacci Sequence extends. Chartists can exten

FREE

Abstract : Welcome to our latest in a profitable yet safe Expert advisor, Koala, which uses stop loss for every open position and does not use a martingale or Grid strategy, thereby reducing the chance of account blow outs. Koala is the first of its kind to use a built in auto backward optimization engine to pick the best variable values based on a mathematical and statistical analysis of the past 2 weeks data a any point in time. This novel method of autooptinmization helps this EA adapt itse

79 USD

Koala Trend Line Introduction : I made this indicator to help traders find trend better, this indicator can show you current trend line. As you know trend line must draw between 2 highest or lowest points. So the main logic is to find highest and lowest points. Indicator find all highest and lowest points in history and show them by red and blue dots. These highest and lowest points calculated according to depth value. depth value is adjustable , and user can change it. What does depth mea

30 USD

Welcome to koala MT4 Trading Panel This is professional tool can make trading easy , much faster for you, if you are one of forex manual trader. This tool has nice user interface and easy method to adjust entry, stop loss, take profit by just drag and drop lines. Ability to adjust fix lot size, risk dollars, Magic Number, Equity DD Protector, Trailing stop, Break Even. and also Trailing based on Moving average are more advantages of this tool. What is this panel properties : 1. Open Buy Trade

30 USD

Description : Koala Pro divergence is not just simple divergence, it's qualified strategy can detect nice divergence signals based on distance from moving line, we know moving average work like gravity, price respect moving line and refer to moving average always, this indicator determine price distance by moving line continuesly and try to choose one of divergance arrows that has enough potential. In this strategy always our target is moving average.

30 USD

Koala Engulf Pattern Introduction Professional MT5 indicator to detect engulf price action pattern. Useful in forex , cryptocurrency , CFD, Oil market. Some adjustable methods to separate qualified engulf patterns. Nice drawing on chart by fill engulf candles and draw stop loss and 3 different take profits on chart. Alert system contain pop up, mobile notification, email alert. Koala Engulf Pattern Advantages Pure Price Action pattern, engulf is one of amazing price action patterns and very

30 USD

Koala Price Action Scanner - Monitor power of price action in all pairs easier than ever , all in one panel Join Koala Trading Solution Channel in mql5 community to find out the latest news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Introduction: Discover the new Koala Price Action Scanner – a versatile, multi-currency, and multi-time frame tool designed to detect essential price action patterns and present them in an intuitive scanner

30 USD

Introduction to Smart Engulfing MT5: Step into the realm of refined trading with Smart Engulfing MT5 – your go-to professional indicator for identifying top-tier engulf patterns. Designed with precision and ease of use in mind, this tool is crafted exclusively for MetaTrader 5 users. Uncover lucrative trading opportunities effortlessly as Smart Engulfing MT5 guides you with alerts, arrows, and three distinct take-profit levels, making it the ultimate companion for traders seeking simplicity and

49 USD

Filter:

sudamagopa 2021.04.27 10:20 #

Never regret purchased this indicator. The author very patiently guiding, answer your question and hearing the update. The new update of the indicator is super. Really help a lot on trading.

27109

Reply from developer Ashkan Hazegh Nikrou 2021.04.27 10:23 #

many thanks sir
its a great help and motivation for me
to continue publishing high quality products

Version 1.7 2023.11.16

🌟 CurrencyMeterPro Update 1.7 Unveiled: Introducing Power Age! 🚀

We're thrilled to announce the latest update to CurrencyMeterPro, now upgraded to version 1.7! Our new standout feature, Power Age, takes your trading experience to a whole new level.

🔍 What's New?
In the previous version (1.6), we provided you with currency power insights and suggested the best signals based on power comparison. Now, with version 1.7, we've added the revolutionary Power Age feature.

⌛ Power Age - Unveiling the Timing Advantage:
Ever wondered about the freshness of a signal's power? Now, you can gauge it with Power Age. This innovative addition displays how much time has elapsed since the last signal, whether it's in ticks or seconds. The longer the Power Age, the more reliable and trustworthy the signal becomes.

📈 Dynamic Power Display:
Watch the power of each currency evolve in real-time! The Power Age is elegantly presented below each currency box, constantly increasing with every market tick or passing second. As the signal power changes, the age parameter resets, ensuring you're always working with the latest and most robust signals.

⏱️ Age Matters:
Why trust a signal with an age of 2 when you can have one with an age of 30? The Power Age empowers you to make informed decisions by considering the freshness of each signal. A higher Power Age signifies a signal that has stood the test of time, offering you enhanced confidence in your trading strategies.

🚀 Upgrade Now and Elevate Your Trading Game!
Don't miss out on this game-changing update. Upgrade to CurrencyMeterPro version 1.7 today and unlock the power of precise and timely signals. Trade with confidence, trade with CurrencyMeterPro!

📥 How to Upgrade:
Simply visit our website or platform, download the latest version, and experience the next level of trading intelligence. Your success journey just got an exciting boost!

Trade smarter, trade sharper, with CurrencyMeterPro 1.7 - Your Path to Profitability! 💹✨

Version 1.6 2021.04.27

Broker Prefix and Suffix inputs added for who want to use brokers by specific symbol names.

Version 1.5 2020.11.22

1. Minor calculation issue fixed.
2. Graphic design improved
2. Indicator made in separate window.

Version 1.4 2020.10.27

1. Calculation logic improved (more accurate than old versions)
2. Graphic design improved

Version 1.3 2020.10.25

1. CAD CURRENCY ADDED TO CURRENCY METER LIST
2. GRAPHICAL FEATURES IMPROVED

Version 1.2 2020.10.20

Indicator will find best opportunity of each time frame, and suggest pair and direction below each box

Description quality and completeness
Reliability and usability
User support