Market / MetaTrader 5 / Indicators /

CT Currency Strength

100 USD

Demo downloaded: 7

Published: 8 January 2023

Current version: 1.0

CT Currency Strength

Indicators
Kei Charles Daniel
Kei Charles Daniel
South Africa

624
3 (1)
2 products 3 topics
Version: 1.0
Activations: 5

Critical Trading, Currency Strength

This indicator allows for viewing true value changes in the 8 major currencies, this ability has many applications for simple and advanced forex trading. No need to switch to inaccurate 3rd party applications or websites.

Trend catching: No need to watch 28 charts, pair up the strongest and weakest performing pairs.
Optimize entries: Show the currencies of your current chart and enter on reliable pullbacks for further confluence on your trades.
Currency performance: See currency performance over any time period. Attach multiple on a chart with different timeframes for multiple timeframe trend correlation.
News effects: See which currencies are getting bought leading up to important news and the affect after release.
Divergence Trading: Use divergence on assets with strong correlation with the USD.

These are just a few applications of using currency strength analysis.

Attach to a chart, choose your time method (a set period of bars or a starting date), choose which currencies you want to track (all by default), and ready.

Note: The indicator uses data from 28 symbols and depending on your chosen time period, max bars setting and internet speed it may take some time to recalculate until accurate.

Note: Due the indicator using multiple symbol data and the way MT5 indicators operate, it may be difficult to use this indicator during closed market. It can be forced by switching between timeframes until stable.

Note: Currently the indicator only accepts symbols in the standard format of EURUSD, AUDJPY etc. Contact criticaltrading@outlook.com to request the addition of non-standard formats.

Contact criticaltrading@outlook.com for more info or to request any other functionality.

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CT Currency Strength

Kei Charles Daniel