JabrixCS - Currency Strength Daily Session Indicator
This indicator allows you to analyze the hidden trends and correlations between the 8 most traded currencies via unique strength meter. Calculations to determine the strength of the currency on the JabrixCS provided the option of using either PriceClose or Price from Moving Averange
" The Power of this concept (JabrixCS) , you can see easily and very clearly the currency movements in each session that you specify "
- Main Settings
- CurrStrengthType = TrueCS - sets how to calculate strength. TrueCS Calculate with PriceClose and MovingAverageCS calculate strength with Price of MovingAverage
- MovingAveragePeriod = 3 - if CurrStrengthType=MovingAverageCS, this Period used for calculate Moving Averange.
- OnlyThisSymbols = false - if true, Only Currency where Indicator place on pair showing. if false, all currency will showing.
- UseReffTime = true - if true, calculate with base refference time.
- RefferenceTime="00:00;10:00;16:00", Refference times can be Open Markets, London Open, New York Open and etc.. This time base on Server Broker time.
Best Use on M15. M30, and H1 Timeframe