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Currency Strength Meter Pro Graph for MT4

Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc.


By default the strength value is normalised to the range from 0 to 100 for RSI algorithm:

  • The value above 60 means strong currency;
  • The value below 40 means weak currency;


This indicator needs the data of all 28 major currency pairs and 9 timeframe.

Use the Expert Adviser Downloadhistory28&9 to download data automatically: https://www.mql5.com/en/blogs/post/728216


This Currency Strength Meter supports many powerful features:

  • Currency Strength Meter Graph (shows strength of currencies with graphic lines and labels near to lines or at corner of graph);
    • Candle close time graph lines calculation;
    • Time based graph lines calculation;
  • Graph lines styling for chart symbols and other symbols;
  • Allows to calculate average currency strength from specified timeframes;
  • Searching tradable pairs by several algorithms (allows to find strong and weak currencies and show them at table as tradable pairs, you do not waste your time to do this calculation manually);
  • Powerful notification manager:
    • Notifications by crossing level (levels and timeframe is set by formula);
    • Notifications by crossing lines (timeframe is set by formula);
    • Notifications when new tradable pair is found (tradable pairs are found by formula);
    • Notifications about CSM state
  • Many algorithms for calculation of strength of currencies (MACD, RSI, CCI, RVI, MFI, Stochastic, DeMarker, Momentum);
  • Powerful tradable pairs search engine by expression;
    • Min difference between strength of strong and weak currencies;
    • Min strength level for strong currency and weak currency;
    • Max difference between strength of strong and weak currencies;
    • Moving averages alignment;
  • Coloring of any object of Currency Strength Meter;
  • History line (allows to get Currency Strength Meter value for particular time in history, it helps to backtest your trading strategy with using Currency Strength Meter);
  • Moving average smoothing (allowed to smooth result with specific algorithms);
  • Latency (allowed to calculate currency strength with specified interval, thus it takes less time for calculation);
  • Allows to show data only for specified currencies (chart pair, market watch pairs, all currency pairs);
  • User-friendly interface;
  • High resolution screens support (4K)


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This indicator is unstoppable when combined with our other indicator called Katana. After purchase, send us a message and you could get Katana for FREE as a BONUS After purchase, send us a private message for your instructions.  MT5 version: click here There are limited copies available at $55. Next price is $105. Don't miss this great deal!  The Trend Forecasting indicator is a very unique & easy tool that is able to make prediction about future price movement based on the signal
ACTUALMENTE 31% DE DESCUENTO Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta. Con solo un gráfico, da Alertas para los 28 pares de divisas. ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar operaciones po
FX Volume
Daniel Stein
4.6 (35)
Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Volume es el PRIMER y ÚNICO indicador de volumen que proporciona una visión REAL del sentimiento del mercado desde el punto de vista de un bróker. Proporciona una visión impresionante de cómo los participantes institucionales del mercado, como los brokers, están posicionados en el mercado Forex, mucho más rápido que los informes COT. Ver esta info
Shepherd Harmonic Pattern
Abdullah Alrai
4.68 (59)
Este indicador detectará patrones armónicos que se dibujen en el gráfico mediante métodos manuales y automáticos. Puede consultar el manual del usuario en el siguiente enlace: Agregue su opinión y contáctenos para obtenerlo Existe una versión gratuita para probar este producto en mt4. Puede utilizarlo para detectar patrones de Gartley y Nenstar: https://www.mql5.com/en/market/product/30181 Puede comprar la versión completa de MT4 en: https://www.mql5.com/en/market/product/15212 Notas El indicad
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Eric John Pajarillaga Aldana
4.82 (17)
¡TakePropips Donchian Trend Pro   (MT4) es una herramienta poderosa y efectiva que detecta automáticamente la dirección de la tendencia utilizando el Canal Donchian y le proporciona señales comerciales de entrada y salida! Este indicador multifunción incluye un escáner de tendencias, señales comerciales, panel estadístico, filtro, sesiones comerciales y panel de historial de alertas. ¡Está diseñado para proporcionarle señales comerciales y ahorrarle horas analizando los gráficos! Puede descargar
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Market Structure Patterns MT4
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5 (15)
Market Structure Patterns   is an indicator based on   smart money concepts   that displays almost all of the   SMC/ICT   elements needed to take your trading decisions to the next level. Take advantage of the   alerts ,   push notifications   and   email messages   to keep informed from when an element is formed on the chart, the price crosses a level and/or enters in a box/zone. Developers can access the values of the elements of the indicator using the   global variables  what allows the aut
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News Scalping Executor is an utility which helps to trade high impact and huge volatility   news . This utility helps to create two opposite orders with risk management and profit protection. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. It can lock profit by moving stop loss or partially closing of orders. To be profitable with this type of trading you s
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5 (1)
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Versión 7.0 2023.12.18
Improved CCI algorithm and its coordinate system is converted to dimension from 0 to 100 values.
Improved RVI algorithm and its coordinate system is converted to dimension from 0 to 100 values.
Improved Momentum algorithm and its coordinate system is converted to dimension from 0 to 100 values.
Improved DeMarker algorithm.
Improved MACD algorithm.
Added ADX algorithm for instruments' volatility measurement (not to measure strength, the higher the value, the higher the volatility of the instrument).
Changed graph timeframes expression from "Current:[Current]" to "M1:[M5];M5:[AV[M15,M30]];M15:[H1];M30:[H4];H1:[H4];H4:[D1]" (To change it back set property "Graph timeframes expression" tp "Current:[Current]").
"Current:[Current]" expression means: for current chart timeframe show strength which would be calculated on the same timeframe;
"M1:[M5];M5:[AV[M15,M30]];M15:[H1];M30:[H4];H1:[H4];H4:[D1]" expression means:
M1:[M5] - M1 chart timeframe show graph lines which would be calculated on M5 timeframe candles for every one minute (M1);
M5:[AV[M15,M30]] - M5 chart timeframe show graph lines which would be calculated as average of M15 and M30 timeframes candles for every 5 minutes (M5);
M15:[H1] - M15 chart timeframe show graph lines which would be calculated on H1 timeframe candles for every 15 minute (M15);
Other parts of expression can be defined similar to above;
Graph lines labels are visible now by default (to hide them set property "Is graph line labels visible" to false).
Changed default font size for graph lines labels from 14 to 11 (to change it back set property "Line labels font size" to 14).
Log level changed from "Disabled" to "Error" (if you do not need logs messages you have to change property "Log level" to "Disabled").
"Update on every tick " now updates CSM data if new quote would be received for any of monitoring pairs.
Updated contact information at indicator's "About" property tab.
Added possibility to get alerts separately for all found tradable pairs.
Added seconds to notification's time in notifications signals.
Improved logging.
Improved parsing of "Graph timeframes Expression":
* Fixed indicator initialization failure if there is no binding between graph lines timeframes and current chart timeframe.
* Added possibility to set empty string to "Graph timeframes Expression", it works similar like "Current[Current]" expression.
Recompiled with new MQL compiler and others minor improvements and fixes.
Versión 6.10 2023.02.28
Added possibility to change number of decimals for simple table, sorted table, graph labels and graph lines libels.
Versión 6.0 2023.02.17
Added sessions time for throwing notifications.
Added possibility to choose show or not show cross lines notification for instruments' for which symbol does not exist.
Improved support of partial strength calculation if not all required history data is available.
Improved indicator work stability.
Improved trace messages.
Fixed mistype at trace messages.
Fixed algorithm of moving average value calculation.
Fixed tradable pairs searching with moving average algorithm in some cases.
Fixed not throwing of cross lines notification if at least one of 28 symbols does not exists.
Fixed out of range error in some cases.
Versión 5.40 2022.10.17
Added MACD algorithm for currencies' strength value calculation.
Added LM (max level boundary) algorithm for tradable pairs searching.
Versión 5.22 2022.09.11
Added possibility to show label for history line with history line's date and time.
Versión 5.12 2022.08.30
Workaround incorrect GBP symbols parsing by IG broker.
Versión 5.11 2022.08.23
Workaround incorrect symbol parsing by IG broker.
Versión 5.10 2022.07.25
Improved strength value calculation if new candle for some pairs of 28 is appeared and for some pairs of 28 new candle is not appeared yet (haven't received new ticks for some pairs of 28 at time when new candle should be formed).
Versión 5.0 2022.06.19
Added possibility to show graph lines for multiple timeframes for the same instrument at one sub-window.
Added possibility to chose speed optimization for calculation graph lines for "Time based calculation" (Set property "Use fast time based calculation" to false for dip history back testing. It's slow but very accurate. Use this method for back testing your strategy.. Set property "Use fast time based calculation" to true for fast calculation. It can show little different values dip in history. Use this method for trading.).
Added average strength calculation from different timeframes for graph lines (values of graph lines are calculated by average CSM value of specified Timeframes f.e. AV[H1,H4]).
Added possibility to use specified graph lines timeframes according to current chart timeframe (f.e. Chart timeframe M15 - graph lines timeframes AV[H1, H4];H1 or Chart timeframe H1 - graph lines timeframes AV[H4, D1];H4).
Added graph lines styling for lines of current chart timeframe.
Added graph lines styling for lines of current chart instrument and current chart timeframe at the same time.
Added possibility to show maximum available points to draw graph lines if user has requested data for more than available points by "Candles for calculation" property.
Added "Disabled" log level and it's used by default.
Added possibility to change Libels view of Graph Lines by expression with 3 different replacement variables: ${Instrument}, ${Timeframe}, ${Strength}.
Improved strength calculation speed.
Improved loading speed of graph lines by caching values.
Improved calculation speed of indicator processors for "Time based process" (if possible it passes calculation to "Index base process" which is much faster than "Time based process").
Improved log messages and added new messages to log.
Workaround incorrect symbol parsing by XM broker.
Fixed not updating indicator strength values in some cases (when history time equals to 0, transmitting to "Index base" calculation).
Fixed invalid data for drawing on graph lines if "Candles for calculation" property is set to 0.
Refactoring and many other improvements.
Versión 4.0 2021.12.31
Added possibility to run many instances of indicator to the same chart window.
Added application source description for all notifications, it helps to identify from which instance of indicator a notification was thrown.
Added tracing for terminal information, broker information, MQL program information and input parameters information.
Added possibility to draw graph lines for instruments from specified symbols or specified instruments.
Added possibility to show Cross Lines Notification for instruments from specified symbols or specified instruments.
Added possibility to show Cross Level Notification for instruments from specified symbols or specified instruments.
Added possibility to show Tradable Pairs Notification for instruments from specified symbols or specified instruments.
Added possibility to show Currencies Strength State Notification for instruments from specified symbols or specified instruments.
Added cross level notifications for average strength from multiple timeframes.
Added cross lines notifications for average strength from multiple timeframes.
Added possibility to search crosses lines for cross lines notifications on different timeframe together at the same time (works as AND condition) like it was done for crosses levels notifications.
Added new filtering algorithm for tradable pairs searching. It's called "Symbols". It allows to search tradable pairs with pairs which are listed by user or ignore pairs which are listed by user.
Changed MA algorithm rules for search of tradable pairs (If you are using custom tradable pairs expression do not forget to update your expression according new rules for MA algorithm).
Fixed typo mistakes at input parameters of indicator.
Versión 3.3 2021.08.21
Optimized of CSM values calculation by caching values for every update circle (7 times faster, load of CPU for CSM values calculation is reduced for 85 percent).
Added scrolling of chart to history line time if it is out of view (it allows do not lose history line).
Fixed DeMarker algorithm name.
Fixed not updating CSM values when moving history line.
Versión 3.2 2021.06.26
Added 5 properties for tradable pairs expression (this properties are concatenated together and it allows to avoid MQL limits for property length of 226 chars, now it's possible to use expression with 1130 chars length).
Versión 3.1 2021.06.23
Added possibility to enable tradable pairs notifications only for specified columns.
Versión 3.0 2021.06.07
Added possibility to backtest history data with history line at specified time with one minute accuracy (not only with close time of candle).
Added time based graph lines calculation (It allows to show currencies strength which is calculated on specified timeframe on candle close time of current chart timeframe).
Added possibility to change Gold symbol. It allows to use any different symbol not only gold but XAG, XAU etc.
Added Bullish or Bearish direction of tradable pairs in tradable pairs notification message.
Sorting of tradable pairs alphabetically.
Adding history line object to visible list of chart objects.
Keeping history line state on chart even if indicator's properties have changed.
Momentum algorithm values for strength calculation is multiplied by 100.
RVI algorithm values for strength calculation is multiplied by 100.
Fixed out of range index error for indicator buffer for some CSM Algorithms.
Versión 2.12 2021.04.05
Fixed indicator buffer index out of range error for some CSM Algorithms.
Versión 2.11 2021.03.31
Fixed tradable pairs finder for MA alignment algorithm if Gold is enabled.
Versión 2.10 2021.03.29
Added bearish or bullish description next to tradable pair for Currency Strength State Notification.
Added new DM (Difference max between currencies' strength) algorithm for tradable pair search engine.
Added Moving Averages Alignment algorithm for tradable pair search engine.
Fixed D (Min Difference between currencies' strength) algorithm for tradable pair search engine for (CCI, RVI and Momentum algorithms).
Fixed indicator initialization if cross level expression is empty at indicator properties.
Versión 2.2 2020.12.31
Added possibility to use multiple tradable pairs finders.
Added tradable pairs state to Currency Strength State Notification.
Versión 2.1 2020.11.20
Fixed sending Tradable Pairs notification.
Versión 2.0 2020.11.17
Added high resolution screens support (4K).
Added User Interface (UI) scaling and Font scaling.
Added support of strength identification for Gold.
Added possibility to get notification once N period candle is closed.
Added expression based notification for levels crossing, which allows to get notifications when there is a cross on many different timeframes all at once.
Added averaging CSM values for different timeframe for tradable pairs finder.
Added support for current chart timeframe for all expressions.
Added new Currencies Strength State Notification which shows strength of all currencies as N period candle is closed.
Added averaging CSM values for Currencies Strength State Notification.
Improved history data loading. It allows to show indicator data more faster if history data is missed.
Improved logging at notifications area.
Fixed not sending of notifications on some conditions.
Fixed typo mistakes.
Versión 1.20 2020.07.09
Added auto detection of symbols suffix.
Added highlighting of graph lines for current chart instruments.
Added scale ration parameter for RSI algorithm.
Fixed showing of graph lines if selected "Chart Symbols" for "Symbol Type" property.
Versión 1.10 2020.05.03
If not enough available bars on current chart or not full history data we start to draw graph lines for available bars rather than wait for downloading of all bars or history data.
Added logging if not possible to calculate currency strength values.
Updating indicator data forcibly if no updates last 30 seconds to avoid old data if there is no any ticks (weekends etc...) for a long time and MT would have downloaded new history data.
Updating indicator data forcibly at indicator init time to init all buffers and construct all necessary objects.
Fixed typo at currency symbol name "NZDUSD".
Fixed problem with program launch when program file name is very long.
Fixed out of range error while navigating through out indicator buffer data if not available bars at current chart.
Fixed smoothing config for Exponential, Smoothed and Linear weighted algorithms.