CPM Extended MT5

4.5

The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers.

What the indicator shows: a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using this currency you specify in the input parameters (assuming that your broker provides quotes for the pairs), the more weighted the index will be (but be careful with pairs of "non-major" or exotic currencies, they can distort the overall picture). For example, if you specify only EURUSD, the relative index for Euro will be calculated only based on this pair, if you add EURGBP, then the Euro index will be calculated based on two pairs and a more weighted value will be obtained.

How to use the data: the lower/higher the index value, the more likely a technical correction or trend continuation is, in the absence of important news.

Reviews 11
oaskari
14
oaskari 2023.04.09 11:19 
 

This is what I was looking for. Thank you for sharing.

apcruz01
180
apcruz01 2022.05.06 16:40 
 

Interesante hay pocos indicadores de fuerza para Mt5 solo que debería poder colocar temporalidades menos a una hora. gracias por el aporte

Alexandre Coutinho
18
Alexandre Coutinho 2025.02.15 22:49 
 

Muito bom, reuni informações preciosas.

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Sergey Efimenko
4.78 (9)
The indicator displays minimized charts of any symbol from any timeframe. The maximum number of displayed charts is 28. The charts can be located both in the main and bottom window. Two display modes: candles and bars. Amount of displayed data (bars and candles) and chart sizes are adjustable. Parameters: Corner - display start corner (selected from the list) CandleMode - display mode: true - candles, false - bars ShowLastBid - enable/disable the last price display LastBidShiftX - last price lin
FREE
CPM Extended
Sergey Efimenko
4.8 (10)
The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using
FREE
The indicator allows you to determine the current price direction and market volatility. This version of the Traders Dynamic Index  (TDI) has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages. Parameters: Mode Osc - estimation oscillator selection; Period Osc - the calculation p
The utility is designed to change the symbol of the current, all or selected charts, change the timeframe , as well as to synchronously move through the history of all charts (automatically or by clicking the button). The list of symbols is read from the "Market Watch" or is set manually. The color, size and position of the buttons are customizable. Synchronization of charts occurs according to the time of the first visible bar when you press the "SYNC" button or when moving the mouse/keyboard i
The indicator allows you to determine the current price direction and market volatility. This version of the Traders Dynamic Index (TDI) has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages. Parameters: Mode Osc - estimation oscillator selection; Period Osc - the calculation p
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Alexandre Coutinho
18
Alexandre Coutinho 2025.02.15 22:49 
 

Muito bom, reuni informações preciosas.

Sutatong
408
Sutatong 2023.04.14 15:28 
 

User didn't leave any comment to the rating

oaskari
14
oaskari 2023.04.09 11:19 
 

This is what I was looking for. Thank you for sharing.

Troy
56
Troy 2022.10.13 14:46 
 

Превосходный индикатор. Не хватает только алерта/пуша на телефон о смене тенденции, когда один индекс силы валюты по индикатору становится выше/ниже другой.

apcruz01
180
apcruz01 2022.05.06 16:40 
 

Interesante hay pocos indicadores de fuerza para Mt5 solo que debería poder colocar temporalidades menos a una hora. gracias por el aporte

[Deleted] 2019.01.14 07:13 
 

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sunnychow
9083
sunnychow 2019.01.12 16:57 
 

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Gennadiy Voltornist
11906
Gennadiy Voltornist 2017.12.24 19:16 
 

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Daniel Andrejczuk
5597
Daniel Andrejczuk 2017.11.09 14:10 
 

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Nork
6187
Nork 2016.12.21 07:31 
 

User didn't leave any comment to the rating

Rodrigo da Silva Boa
7133
Rodrigo da Silva Boa 2016.01.09 13:27 
 

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