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Best Currency Strength Indicator

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 economies. The indicator will reveal the country's economic performance by analyzing the strength of the country's currency on a daily/weekly/monthly basis. It can also be used for news events (Fundamentals), even if you don't have time to keep up with the news... The indicator does all the work for you by calculating the strength of the country's currency. This will give you an edge in the market because you'll know which currencies are best to trade at that moment. Buy strong currencies and sell weak currencies (Diverging currencies)

This strategy is even used by the Banks to make profits. They take a strong currency and pitch against a weak currency.

Special Unique Features

1. No more spending hours analyzing all charts. Analyze the Forex Market in 1 window (1 minute).
2. Choose any custom time you want to start calculating currency strength.
3. Get signals directly to your phone anywhere you are.
4. Be notified when there's a new signal by turning on Alerts.
5. Currency Strength Meter Dashboard (showing all the values, dates, time and connection speed in milliseconds).
6. Multi-Timeframe Currency Strength Dashboard (Calculated across all timeframes).
7. 28 FOREX pairs + Gold + Silver + 5 additional pairs of your choice (Stocks, CFD's, Crypto Currencies, Indexes or any chart).
8. Special period separators (showing months, days and times)
9. Signals in a chart (Arrows showing all signal entry points in a chart).
10. Multiple options to choose how to calculate currency strength (Anytime, date or number of candlesticks).
11. Support for Any broker symbol names (Prefix and Suffix).
12. Divergence Arrows indicating diverging currencies.
13. The ability to Focus only in 1 chart (e.g. showing only 2 lines, excludes all other currencies).
14. More features will be explained in the Indicator Parameters and the video.

Every day, Currencies diverge from each other. The indicator uses built-in algorithms to identify the very beginning of a trend when currencies start to diverge from each other and will immediately alert you or send signals to your phone. It uses real price quotes for calculations (Not lagging). You can choose any timeframe you want to trade and there are various options for each timeframe.

Tip:

  • When you activate "Focus only in this chart" parameter, drag and drop any chart to show only 2 lines for each currency in a chart.
Indicator Parameters:

  • Prefix - Symbol prefix.
  • Suffix - Symbol suffix.
  • UPPERCASE_or_lowercase - Most brokers have symbols in uppercase letters.
  • Trading_Strategy - Choose the trading strategy.
  • Maximum_Number_of_Bars_for_Calculations - The maximum number of bars the indicator will stop calculating at.

Day Traders
  • Start_From_Hour - Choose an hour to start from.
  • Start_From_Minute - Choose any minute to start from.
This indicator is also suitable for long-term traders. There are 2 (two) options. 
  1. Start from a specified date and time.
  2. Start from a certain number of bars/candlesticks.
There are 2 (two) types of dashboards.
  1. The first one shows the values of all currencies.
  2. The Multi-Timeframe dashboard shows the strength of each currency across all timeframes.
  • The indicator has a special period separator which makes it easier to identify days and time when analyzing a chart. 
  • Enable 'Alerts' to be notified when the indicator identifies a trend and it will play an alert sound (Wave sound file). 
  • Send signals directly to my phone - Signals sent to your phone. 
  • Customize the look of the indicator by changing colors.

All you have to do is spot diverging currencies and trade them. Simple!

More will be explained or clarified in the video, make sure you watch the video using PC browser...

And also check the latest comments in the comments section for examples on how to use it (Use an internet browser to access comments).




















Comentarios 31
Aravind
6719
Aravind 2020.10.10 19:14 
 

Yes, this is the "Best Currency Strength Indicator" of all. The author is very helpful. 100 stars.

Yahia Ismail Ibrahim El Mughrabi
621
Yahia Ismail Ibrahim El Mughrabi 2020.08.23 21:41 
 

The name of the indicator is "Best Currency Strength Indicator". And I can say, it is the best indicator ever made. It deserve 100 Stars. The developer is very supportive and respond to messages quickly. I encourage everyone to buy the indicator

FXN Neo
112
FXN Neo 2020.08.20 22:46 
 

The best currency strength indicator I've ever used!!! Awesome support too!!!

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Features: All tools are suitable; Lots of strategies; Important levels, recommendations; Flexibility in settings for different instruments and intervals. Signals B, S - predict the direction of the candlestick movement at the beginning or at the close of the candlestick. Recommended TF is from H4 and up. Yellow dots - Recommended SL. Green squares are the recommended TP. Options SL   - By default 6, I recommend choosing from 6 to 12. The higher this value, the lower the probability of SL trig
2 500 USD
Bintang Binary R2
Anthonius Soruh
Bintang Binary Indicator work all pairs Time Frame : All Time Frame Expaired : 1 Candle No Repaint, No Delay and Alerts Use manual and auto trading  Easy to use Trial Version, Rent Version and Full Version avaliable Trial Version >>> download here  https://www.mql5.com/en/market/product/54602 Trial Version not have Alerts Rent version 1 month, 3 month, 6 month, 9 month, and 1 years Auto trading is better use MT2 Trading Platform (Contact me for discount 10 % MT2 trading licence) Work good for f
280 USD
CyberZingFx Trend Reversal
Afsal Meerankutty
Indicator captures the trend reversals with no-repaint Buy and Sell Arrow signals. Good at catching  Swing Highs  and  Swing Lows . SCROLL DOWN TO VIEW SCREENSHOTS AND WATCH VIDEO ________________________________________________________________ Trading using CyberZingFx Trend Reversal is Simple You Buy when a Buy Arrow Appear and Sell when there is Sell Arrow. Put Stop Loss above Higher High for SELL Order and below Lower Low for BUY. Close order partially when an exit signal (dot) appear. The
999 USD
Guru Pro Signal
Sergey Zhuravkov
Monitoring of real trading on this system   https://www.mql5.com/ru/signals/632726 Guru Pro Signal does not repaint!  Guru Pro Signal is an original indicator, developed for the work of employees of one of the large funds! It is the best tool that can be added to your chart!  Guru Pro Signal signals about price reversal with the highest degree of accuracy, the best tool for both scalping and position trading. The entry signal is shown by the BUY and SELL arrows. It is possible to receive noti
150 USD
The Positive Zone
Ellan Dirgantara Tholkhah
Specialized Binary Options Indicator.  The name positive zone is inspired by how this indicator ultimately made me feel, which is "Positive". Not only from a emotional stand point but from a financial one. Once you start earning from this indicator it will give you that runners high, or that nice buzz after you finish a warm cup off coffee in the morning and blast on Cumbawamba's on hit wonder Tubthumping. The key to winning Binary Option is patience and controlling your emotion . This is why th
200 USD
Excessive Momentum Indicator MT4
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
200 USD
Hidden Cross Binary Options
Ellan Dirgantara Tholkhah
The latest Binary Options arrow indicator in the Garuda Signals product line. Binary options signal based on multiple time frame cross over analysis. Gets confirmation from the most consistent signals known to man; Ichimoku, SMA, Bollinger Bands; and also uses the 1 Hour time frame as trend confirmation , so you don't have to open up multiple chart and waste time. - Can be used for all time frames up to 1 hour, but is most POWERFUL for 1 and 5 min options. - Place your Call/PUT based on the Arro
300 USD
PowerSignal
Daying Cao
This PowerSignal is a complete trading system based on ATR of technical indicators. These indicators will record the current status of each POWERTREND in every time frame and currency pair analyzed. The PowerSignal creates a trend strength and entry point signal list display by evaluating these data. If there is a full coincidence on any pair an alert will pop up indicating such case. List data includes Symbol, M5-MN1, BuyPercent, SellPercent, LastEntry. The LastEntry shows entry points (periods
200 USD
Fibonacci Sniper
Elmira Memish
Fibonacci Sniper MT4 - No Repaint Features:  - Indicator sends signals and notificaitons on key Fibonacci Retracement and Extension Levels - Once the buy/sell signal is set, targets ( TP1 TP2 TP3 )and stop loss levels are drawn by the indicator. - Fibonacci Calculations and Custom Patterns are identified by the last 3 or 5 Zig Zag exterum. - You can easily identify key harmonic patterns like Gartley, Bat, Butterfly and Crab patterns. Important Settings:  - Choose the Zig Zag Setting
220 USD
Golden Chip
Daishon Cotman
GOLDEN CHIP TUTORIAL LINK BELOW! https://youtu.be/R69zucG3EnY Golden Chip provides Basic Market Structure, Fibonacci, supply and Demand Zones. Letting you identify when a sell off point is approaching or when a buy opportunity is arriving. The awesome thing about Golden Chip is that, you will see rejection levels or continuation before ANYBODY ! This indicator moves directly with price and lines up perfectly with the Chart. Some indicators would lag but NOT this one ! Golden Chip is amazing f
225 USD
Otros productos de este autor
Trading Sessions Advanced
Tumelo Rakotsoane
Trading Session Advanced This indicator was designed to indicate trading sessions in a chart. It draws boxes for each trading session in different colours. Trading Sessions: - London Session - New York Session - Tokyo Session - Sydney Session Some currencies are best traded during certain trading sessions. - EUR, GBP & CHF currencies have high volatility during London session.  - USD & CAD currencies have high volatility during New York session. - AUD, NZD & JPY currencies have high volatili
30 USD
Filtro:
Chalin Saranga Jayathilake
3609
Chalin Saranga Jayathilake 2019.03.04 18:13 
 

Highly recommend Best Currency Strength Indicator

Arthur Singer
1066
Arthur Singer 2019.04.15 18:32 
 

Very friendly, competent person who understands both programming and trading.

Janya1958
727
Janya1958 2019.05.03 14:14 
 

This is really a very good strength indicator. This indicator takes a bit of getting used to but after a while it is easy to understand. Also a very good and quick support!

Agnaldo Prata
289
Agnaldo Prata 2019.05.07 07:55 
 

Excellent tool, I have been using it for two months now, it keeps me out of bad trades while help me to pick up the good ones, many thanks to the developer!!!

RIZA DOEK
1599
RIZA DOEK 2019.05.13 12:02 
 

very good!!

Skunk561
41
Skunk561 2019.05.21 09:46 
 

This indicator is very good and it has a great potential,I Express my gratitude to the author of this indicator for his support.Thank you very much for this indicator.

Ck.
396
Ck. 2019.07.05 07:33 
 

Nice indicator with good functionality.

sunnychow
8612
sunnychow 2019.07.05 16:51 
 

El usuario no ha dejado ningún comentario para su valoración

andreas73
963
andreas73 2019.07.02 13:25 
 

It´s a game changer!!

Your market is served on a silver tablet:) Wait for one or more currencies gaining strength or losing its value.

Your work will be deciding if this change in value is strong enough for an order.

This indicator has plenty of tools to help you with that.

It's really affordable and it can make you money by using strict money management, as always.

7,4% the first week

Bonifasius Widi Aryanto
290
Bonifasius Widi Aryanto 2019.07.30 15:26 
 

I love Best Currency Strength Indicator. Highly recommend

StaTrader
91
StaTrader 2019.08.15 20:08 
 

Good results so far; still working out chart MTF... Should have it tonight...

logikaforex
121
logikaforex 2019.08.22 05:53 
 

THX ...100 stars

lindenx
69
lindenx 2019.09.03 00:55 
 

Helped me out personally when I was having trouble adding exotics! I just had to add the suffix EURTRY+ instead of EURTRY for example

kummy
235
kummy 2019.09.03 17:28 
 

10 Stars.... Ooopsss...

Yess, this indicator is the best i have used for many2 years... Easy to understand, just follow the crossing signal, then execute it... I got 50% profit in 1 day.. Tomorrow, i will hunt again...

Excellent...

Spartakus93
105
Spartakus93 2019.09.16 17:37 
 

Perfect indicator.

daniela maria lazzi
444
daniela maria lazzi 2019.10.01 13:43 
 

indicatore eccezionale.Geniale chi lo ha ideato

1000022941
155
1000022941 2019.10.09 12:41 
 

Seller is very helpful and the indicator is showing a lot of promise. Will update after a while, but for the meantime, it appears to be impressive.

Natapong Hansanan
38
Natapong Hansanan 2019.10.11 16:22 
 

Very useful indicator , easy to use and highly recommend.

Ehsan Mohammad Sharifi
114
Ehsan Mohammad Sharifi 2019.08.11 12:19 
 

El usuario no ha dejado ningún comentario para su valoración

hassantiger
681
hassantiger 2019.08.18 16:38 
 

El usuario no ha dejado ningún comentario para su valoración

Heiner G.
405
Heiner G. 2020.02.27 20:22 
 

TOP indicator! You can see where movement arises and can arise.

heinedw
154
heinedw 2020.03.06 07:10 
 

Brilliant Indicator. Stunning support. 7,75% Return on investment in the first week.

Belaire Boss Lionel Belaire
319
Belaire Boss Lionel Belaire 2020.05.02 17:49 
 

One of the best indicator, impressive

thank you so much

I make 100 stars

Highly recommend

sofrito
123
sofrito 2020.05.10 16:13 
 

I bought this product last month, I have been looking at its functionality and putting it into practice first on a demo account and then on a real one. Honestly it seems to me a great tool, very useful and 100% recommended. Thanks to the author for facilitating the operation.

alzyad11
374
alzyad11 2020.05.31 17:20 
 

My name is Mohamed Al-Ziyad

I contacted you and me a few minutes ago

I want please a copy of the settings in order to translate it into Arabic. Thank you

Mohamed_j
283
Mohamed_j 2020.06.24 13:00 
 

One of the best Indicator and the programmer is very helpful and friendly Thank you, My friend

jayosworld
240
jayosworld 2020.05.31 11:38 
 

It's a great concept but it keeps freezing my MT4. No matter how slow I make it or lessen the bars. I will give 5 stars when the freezing issue is taken care of. UPDATE: I managed to get it work on another MT4 platform, and it works beatifully! AND the developer was as helpful as he could be trying to sort out my issue. So that's a 5 stars in my opinion. I can't wait to start using this all the time!

Keng Li
190
Keng Li 2020.07.14 02:08 
 

This indicator data shows good, but the actual application effect does not reach the expectation.

FXN Neo
112
FXN Neo 2020.08.20 22:46 
 

The best currency strength indicator I've ever used!!! Awesome support too!!!

Yahia Ismail Ibrahim El Mughrabi
621
Yahia Ismail Ibrahim El Mughrabi 2020.08.23 21:41 
 

The name of the indicator is "Best Currency Strength Indicator". And I can say, it is the best indicator ever made. It deserve 100 Stars. The developer is very supportive and respond to messages quickly. I encourage everyone to buy the indicator

Aravind
6719
Aravind 2020.10.10 19:14 
 

Yes, this is the "Best Currency Strength Indicator" of all. The author is very helpful. 100 stars.

Respuesta al comentario
Versión 4.2 2020.05.08
- Fixed Indicator sometimes not working during weekends...
Versión 4.1 2020.04.08
- Minor improvements in some calculations
- Draw Divergence arrows in sub window
Versión 4.0 2020.04.01
- Minor Improvements
Versión 3.9 2020.03.28
- Change colours for pending orders (Risk Reward Ratio).
Versión 3.8 2020.02.29
New update!
-> Fixed the indicator sometimes not displaying currency strength lines during the weekends.
Versión 3.7 2020.02.27
-> Small improvements regarding currency lines labels...
Versión 3.6 2020.01.03
- Minor improvements in risk management calculations
Versión 3.5 2019.12.09
- Small improvements
Versión 3.4 2019.11.28
- Minor improvements
Versión 3.3 2019.11.28
- Minor improvements in some calculations...
Versión 3.2 2019.09.24
New Update!

- The indicator can now draw smooth lines using the average price.
(The default value/period is 5. But, you can change the smoothness however you like...).
Scroll down from the top in settings and you'll find the parameter...

- Fixed indicator sending alerts in-between time intervals.
- Minor improvements in risk management calculations for accounts that use currencies other than USD.)
Versión 3.1 2019.08.21
- Minor Improvements for EXOTIC pairs.
Versión 3.0 2019.08.21
- Just a quick fix [H4 timeframe crashing after I updated to version 2.9]
(It was a minor problem, it's fixed now!) [version 3.0]
Versión 2.9 2019.08.21
New Update!

- Minor Improvements in some calculations...
Versión 2.8 2019.08.20
New Update!

- Added risk-reward ratio in the chart for open and pending orders.
You can also draw it your self. Specify open price, sl, tp and lot size etc...

- Added "X" for potential turning points in the chart. If the base/quote currecy is over bought/sold. The indicator will draw 'X', indicating that the market might start turning around [Its a warning for potential turning point]. The colour of 'X' will indicate which currency is over bought/sold.
Versión 2.7 2019.08.19
New Update!

- Fixed Indicator sometimes crashing when opening in W1 or MN timeframes.
- Fixed Indicator sometimes crashing when opening in Gold M1 & M5 timeframes.

I'm working on more of the requests you guys sent me. I'll update in few days...
-> If you haven't contacted me for more information regarding the indicator and how to use it, then, contact me via email.
-> And if you need any assistance in setting up the indicator or Red text/message on your screen, you may contact me as well...
---[ More updates coming up ]---
Versión 2.6 2019.08.06
New update!

- Added notifications for divergence signals as another option.
- Signals will only be sent after the candle closed (Reduced number of signals)
- Added the ability to filter signals:
(You can choose to receive signals only for a certain currency or currency pairs list you want to focus on)
(Enable 'Filter_Signals' -> 'Yes') and choose how would you like to receive signals for which pairs...
+ Minor improvements...
Versión 2.5 2019.04.21
New update!

The indicator has two (2) types of strategies programmed.
- Strategy 1: Day Trading / Short term trading. [Option 1 in settings]
- Strategy 2: Long Term trading (Higher timeframes. [Option 2 & 3 in settings]

Strategy 1 - is all about trading diverging currencies for a short/limited period of time.

Strategy 2 - is about trading long term trend. This strategy uses a period for calculations. You can change the period to any number in settings. The default period is set to 20.

The indicator is suitable for short term and long term traders.

For more insight, scroll through the comments and check comment no. 40 (#40).
Versión 2.4 2019.04.16
New update!

- The indicator now colours candles to identify the trend based on currency strength calculations.
- When the market is going up, the candles will be coloured in green.
- When the market is going down, the candles will be coloured in red.
You can change to any colour you like...

Imoprtant:
- Right click the chart and go to properties -> common.
- Uncheck the box "Chart on foreground"

--->>> Make sure to uncheck the box "Chart on foreground" in properties/common to be able to see coloured candles.
Versión 2.3 2019.04.15
New update!

- The indicator now displays all types of signals in 1 window.

Tip:
- You don't have to wait for signals.
-> You can enter the market anytime using "CSM Multi-timeframe" dashboard.
This dashboard was designed to tell you which currencies you should be trading at that moment.
It calculates across all timeframes and will tell if the currency is appreciating/depreciating.

Example:
- if GBP is strong (+0.235%) and USD is weak (-0.133%). (Choose any currency which is strong against weak currency).
Since GBP is strong, check "CSM Multi-timeframe" dashboard if GBP is further appreciating/getting stronger on multiple timeframes.
And also check if USD is further depreciating/getting weaker.
In that case, its a good time to enter the market, as long as they are diverging from each other.

The indicator will tell you which ones are appreciating or depreciating.

Remember - If you're buying "EURUSD" currency pair, That means you're:
- Buying EUR currency (Base currency)
- Simultaneously selling USD currency. (Quote currency)

Understand the relationship between Base currency and Quote currency.
Versión 2.2 2019.04.15
New update!

- Removed the small breakout alert bug!
Versión 2.1 2019.03.26
Disabled Alerts for level breakout, the alert bug will be fixed on the next update.
Versión 2.0 2019.03.24
New Update!

- The indicator now displays numbers below currency labels indicating whether a currency is overbought or oversold.
(Above +80 = Over bought | Below -20 = Over sold)
When the value increases, it will be a positive number (e.g +66.25), and when the value is decreasing, it will be a negative number (e.g -33.21)

Tip: When a currency is overbought, it is more likely to start depreciating or lose strength.
When a currency is oversold, it is more likely to start appreciating or gain strength.
This is very important because it will also help to time your trades...
-> For a strong currency, trade when the value is increasing/positive.
-> For a weak currency, trade when the value is decreasing/negative.
Trade diverging currencies...
Versión 1.9 2019.03.18
New update!

- Add up to 3 levels targeting currencies that are breaking out of each level.
- The indicator will alert you or send a notification to your phone when strong/weak currencies break out of each level specified by you.
> This will make it easier to target which currencies are moving or strongly trending.
Versión 1.7 2019.02.24
New update!

- The multi-timeframe dashboard now has a Multi-Timeframe currency trend analysis. (This will make it easier to spot trending currencies and reversing currencies...)
- Plus other improvements as well...

Enjoy! :)
Versión 1.6 2019.02.05
New update!

- The indicator now displays divergence arrows in a window.
- Added currency status comment.
- Added more trading sessions options.
Versión 1.5 2019.01.30
New update!
- Modified a few things in Risk Management calculations...
Versión 1.4 2019.01.28
New update with new features!

New Features:
- CSM Multi-timeframe now has confirmation boxes to confirm appreciation or depreciation of a currency.
If a currency is reversing, the text in multi-timeframe will be written in red colour.
- Account Information dashboard. This dashboard will display your account leverage, balance, equity, margin (%), free margin (%), floating profit (%), net profit for a specified period, the amount you're risking and targeting, risk-reward ratio calculation, the total number of orders running.
It will calculate the lot size you should use to only risk a certain percentage of your account depending on where you want to place your stop loss.
- Trading Sessions > it will indicate (draw boxes) each trading session in a chart.
- It will calculate the range (in pips) of each period.
Versión 1.3 2018.12.26
New Update!

The code is restructured to prevent any type of crashing during testing and live chart. It was tested before publishing.

New features:
- Send a text message to your phone just for testing. You can type any message and see if you'll be able to receive it on your phone. You need to test so that you know for sure you'll be able to receive $ignals directly to your phone. Watch the video to learn how you can activate it.
Please note! this does not work during testing... only in a live chart.

If there's any problem, go to my main page to see my contact details and don't hesitate to contact me...
Enjoy!!! :)
Versión 1.2 2018.12.26
The reason the chart is empty or does not display data is that this indicator is a multi-timeframe indicator and needs all data to make calculations.

Follow instructions:
1. The indicator needs data (M1,M5,M15,M30,H1,H4,D1,W1,MN) for all 28 FOREX pairs + Gold + Silver.
- All timeframes MUST have data. Remember, when you open a new empty chart, after few seconds, it shows candlesticks. That means MT4 has downloaded data for that chart & timeframe. You need to cycle through all timeframes for all pairs. And then when you're done, RESTART MT4 (Close it to save info and open it again).

2. Check Symbol names for GOLD/XAUUSD and SILVER/XAGUSD in settings.
- Change those symbol names to the one your broker supports. Also, check Prefix and Suffix.

Without data, there's nothing to calculate. MT4 is an older version. MT5 is more advanced.
If all instructions are followed and all data is downloaded and saved. The indicator WILL WORK.
My other clients are using it without any problem...
ENJOY!!! :)
Versión 1.1 2018.12.25
New Update!
- The indicator will explain and tell you what to do when the window is empty or doesn't display anything... :)