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
687
Anthony Bourne 2023.01.03 12:35 

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

Quantum Trader
3049
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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Godwin Edward Enyali
Indicators
FibStrike Rejection is a powerful MT4 indicator designed for traders who want to visualize high-probability buy and sell zones using Fibonacci retracements combined with wick rejection signals . The indicator automatically identifies recent high and low swings based on a customizable lookback period and draws Fibonacci levels from 100% to 40% . Buy and sell zones are highlighted within these levels. In addition, the indicator detects wick rejection candles at both the Fibonacci zones and the cur
Scalping Points Pro
Andrey Kozak
5 (3)
Indicators
Scalping Points Pro is an indicator that shows possible price reversal points on the chart and does not redraw its signals. Also, the indicator sends signals to the trader via Email and Push. The accuracy of the signals of this indicator is approximately 92-94% on the M5 timeframe and more than 95% on the H1 timeframe. Thus, this indicator allows the trader to accurately open trades and predict further price movement. The indicator does not redraw its signals.  The indicator works on timeframe
PZ Wedges
PZ TRADING SLU
3 (2)
Indicators
Boost your trading precision with the versatile wedges tool The PZ Wedges Indicator is a technical analysis tool that helps traders identify potential continuation patterns in the market. These patterns, known as wedges, are formed when the price of an asset consolidates within a narrowing range, bounded by upward or downward converging trendlines. Wedges are considered to be continuation patterns because they often precede a breakout in the direction of the preceding trend. When a wedge pattern
Matrix Arrow Indicator MT4
Juvenille Emperor Limited
5 (3)
Indicators
Matrix Arrow Indicator MT4  is a unique 10 in 1 trend following 100% non-repainting  multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocks.  Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Avera
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cam028
6492
cam028 2025.10.08 02:06 

good product

Anthony Bourne
687
Anthony Bourne 2023.01.03 12:35 

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

Quantum Trader
3049
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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