Currency Strength Multimeter

4.57

VIEW THE CURRENCY STRENGTH AND PAIR STRENGTH FOR "X" BARS IN A GIVEN TIMEFRAME.

The Currency Strength Multimeter indicator shows the strength, direction and rank of each of the following currencies:

  1. AUD
  2. CAD
  3. CHF
  4. EUR
  5. GBP
  6. JPY
  7. NZD
  8. USD
Furthermore, it also shows the strength, direction and rank of each of the following currency pairs:
  1. AUDCAD
  2. AUDCHF
  3. AUDJPY
  4. AUDNZD
  5. AUDUSD
  6. CADCHF
  7. CADJPY
  8. CHFJPY
  9. EURAUD
  10. EURCAD
  11. EURCHF
  12. EURGBP
  13. EURJPY
  14. EURNZD
  15. EURUSD
  16. GBPAUD
  17. GBPCAD
  18. GBPCHF
  19. GBPJPY
  20. GBPNZD
  21. GBPUSD
  22. NZDCAD
  23. NZDCHF
  24. NZDJPY
  25. NZDUSD
  26. USDCAD
  27. USDCHF
  28. USDJPY
The indicator works on any chart and in any time frame. The strength, direction and rank data of each currency and currency pair is accessible through an indicator buffer. You may drop the indicator on a chart to show all the info or you can configure the indicator to only show the currencies and currency pair for the specific chart it's on.

The data is displayed as horizontal bar charts for currencies and currency pairs. It also displays a continuous line chart for currencies only.

The indicator inputs and defaults are as follows:
  • BarsLimit = 96 - Number of bars to display for the indicator.
  • BarsCalculation = 16 - Number of bars to use in calculation.
  • ShowAllCurrencyPairs = true - False to show data for currency chart only.
  • DrawIndicator = true - False when using iCustom to access the data via buffers.
NOTE: THE LENGTH OF THE "BarsCalculation" PARAMETER DETERMINES SENSITIVITY OF THE CURRENCY STRENGTH. SHORTER LENGTH - MORE SENSITIVE. LONGER LENGTH - LESS SENSITIVE. ADJUST ACCORDING TO YOUR TRADING STRATEGY AND TIMEFRAME. THE DEFAULT SETTINGS ARE GOOD FOR M15 CHART.


Reviews 8
Anthony Bourne
695
Anthony Bourne 2023.01.03 12:35 

Excellent purchase! This is a must have indicator for scalping, day trading and swing trading!!!

Quantum Trader
3069
Quantum Trader 2022.06.02 15:31 

GREAT JOB

topline8000
1144
topline8000 2022.05.03 11:02 

with other indicator for confirmation

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cam028 2025.10.08 02:06 

good product

Anthony Bourne
695
Anthony Bourne 2023.01.03 12:35 

Excellent purchase! This is a must have indicator for scalping, day trading and swing trading!!!

Quantum Trader
3069
Quantum Trader 2022.06.02 15:31 

GREAT JOB

topline8000
1144
topline8000 2022.05.03 11:02 

with other indicator for confirmation

Atstyle
45
Atstyle 2022.04.20 13:42 

User didn't leave any comment to the rating

andrei150
461
andrei150 2021.10.03 15:48 

Не медленно убрать навязываемый данным индикатором, масштаб свечей!😡 А так вполне пригодная вещь. 🙂

cicas65
254
cicas65 2021.08.05 14:00 

Grande indicatore. Basta saperlo leggere! Grazie.

Potresti inserire un allarme quando la coppia supera un determinato valore in positivo o in negativo?

Potresti anche far in modo da ricercare i max dei valori per ogni coppia?

Grazie.

Great indicator. Just know how to read it! Thank you.

Could you insert an alarm when the torque exceeds a certain value in positive or negative?

Could you also make sure to research the max values ​​for each pair?

Thank you.

Clay Pot
191
Clay Pot 2021.08.03 08:56 

Concept is fantastic just need a few more twicks

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