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Fxpod Currency Panel

Currency panel is a bird eye of all currency on all timeframe. It will help traders to determine which currency pair to trade on a single Chart. The Indicator will show currency pair trend by grouping them.


How to trade with Currency Panel?

Use the Currency Panel as your first filter. You will need to use your own strategy for entry, but Currency Panel will be the best tools for you to find the candidate. For example breakout trader: break out trader it is best to follow major trend, look for H4, D1 or maybe W1 trend, and then trader can look for the lower timeframe. Probably trader will wait until M1/M5 timeframe start to move to direction. Trader can go to specific chart to look out for entry, take profit and stop loss with Support and Resistance.


Setting up the indicator

  1. To use the indicator please prepare 1 empty chart, open any chart. It is better to put on a liquid chart such as EURUSD, GBPUSD, EURJPY, GBPJPY.
  2. After that change the chart type into line and change the chart background into white background.
  3. Change the line chart property colour become none from the Chart Property (right click the chart and choose background).
  4. Finally you can attach the Indicator.


Parameters

  • Number of Column: Default is 4, it will be depend on traders Screen size.
  • Column Width: Column width in pixels
  • Starting Period: Trader can choose the starting period to analyst, we start from 1 minute chart until weekly chart.
  • Ending Period: (see above)
  • Text Colour: Colour for text, use black/gray when the background is white. Default value is gray we assume you are using white background as we usually do.
  • Up trend Colour: Colour for up trend. Uptrend is when Fast MA is above the Slow MA and the distance between Fast MA and Trend MA above threshold (around 0.5 ATR)
  • Down trend Colour: Colour for down trend. Down trend is when Fast MA is below Slow MA and the distance between Fast MA and Trend MA below -threshold (around -0.5 ATR)
  • Sideways Colour: Colour for sideways/no clear trend. It is when distance between Fast MA and Trend MA around 0.5 ATR to -0.5 ATR.
  • Fast MA: Default period for Fast Moving Average, MA 5.
  • Slow MA: Default period for Slow Moving Average MA 22.
  • Trend MA: Default period to determine trend and the currency strength, MA 50.
  • Calculation Method: The Moving Average Calculation Method

Note: this indicator is taking all currency pair for calculation you need to show all symbol from your market watch. Download our Download Bar - All Currency Chart Data Expert Advisor for free from the market in order to prepare all the currency chart data.

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THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
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ShvedSupDem Pro Zone
Andrey Shvedov
Let us analyze what supply and demand are, and how relevant the expression "market memory" is. The screenshots show the operation of the SupDem-Pro custom indicator, it is the improved version of my previously created Shved Supply and Demand indicator. In order to create it, I gave up trading for almost 3 years and studied a lot of literature, I have not traded during this time, but only analyzed the behavior of the price in different situations. It took me quite a long time to correctly formula
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Best Currency Strength Indicator
Tumelo Rakotsoane
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
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Naked Forex Kangaroo Tail
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
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Infinity TrendLine PRO
Evgenii Aksenov
(Lo siento por la traducción automática del texto) El indicador TrendLine PRO se basa en el análisis de la fuerza de toros y osos. Muestra la línea de tendencia resaltada, el punto de entrada y los niveles recomendados de TakeProfit y StopLoss. El panel muestra la señal actual (SELL o BUY), la tasa de éxito de la transacción y el resultado general de las transacciones. El escáner incorporado se inicia presionando el botón "PRO" y muestra todos los plazos disponibles para cada par, las señales e
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Note: This is not an EA to open trades, this tool is only to download historical data on all timeframes and combination of currency pairs (28 pairs). Sometimes, when you apply an indicator/EA using multi-pair, you need to have all data available on your MetaTrader 4, for example: https://www.mql5.com/en/market/product/1379 . In order to get all the history on MetaTrader 4, you can open all currency pair charts and change all the timeframes, it will force MetaTrader 4 to download the data. Run th
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Fxpod Currency Trend
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This indicator shows Strong and Weak currency. Calculated based on moving average applied to all related currency pairs. Follow the trend with Currency Trend Indicator Look for long term trend, for example H4 or D1. Look for strongest vs weakest currency. Go to lower timeframe M30/H1 for entry, use your own technical analysis/fundamental analysis to enter the trade. Trader also can use Support / Resistance. Reversal trading with Currency Trend Indicator Look for Strong vs Strong or Weak vs W
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