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Currency Strength Pro

The Currency Strength Meter is the easiest way to identify the strongest and weakest currencies in the market. It works by applying clever calculations to 28 Forex pairs to establish which currencies are the driving force behind price action.

By trading strength against weakness, we can greatly increase our chances of success and find some of the highest probability trends to trade.

Technical Information

The strength meter uses the relative strength meter which is applied to all 8 major currencies: AUD, CAD, CHF, EUR, GBP, JPY, NZD & USD and a basket of 28 Forex pairs. By combining the results and applying some clever calculations we get an indicator that is unlike any other in the market.

Inputs

Period: The lookback period of the indicator. Like any indicator, A longer period will result in delayed signals (more lag). The lower the number the quicker the indicator will respond. 
Prefix: Some brokers symbols include prefixes eg. mxEURUSD, fxEURUSD. If your broker uses a prefix, enter it here. Unsure? Leave it blank.
Suffix: Same as above but in reverse eg. EURUSDmx, EURUSDfx.

Symbol Color: Here you can change the line color for each of our 8 currencies.

Troubleshooting

There are several things we can do to ensure that the indicator runs properly on your terminal. Before using the indicator for the first time, it’s good practice to do the following. 

  1. From the Market Watch panel, right-click and select ‘Show All’ to ensure all currency pairs are available for the indicator to use. The indicator must have all 28 pairs to work.
  2. Some brokers symbols include prefixes or suffixes eg. EURUSDmx, EURUSDfx. If this includes the broker that you are using, add the prefix/suffix to the indicator inputs.
  3. On first use please allow a few seconds for the indicator to sort through all available historical data. You may need to switch timeframes once or twice for the indicator to load correctly but this should only occur on the first installation.
  4. If the strength meter is not being displayed correctly, the most likely cause is the lack of historical data for 1 or more of the currency pairs that are required for the indicator to work. The indicator requires the historical data of 28 currency pairs to work. Ensure that you download all available data for each of these pairs from your broker. 
The following currency pairs are used by this indicator: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY


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El indicador de reversión de ADR le muestra de un vistazo dónde se cotiza actualmente el precio en relación con su rango diario promedio normal. Recibirá alertas instantáneas a través de una ventana emergente, correo electrónico o push cuando el precio exceda su rango promedio y los niveles por encima de su elección para que pueda saltar rápidamente a retrocesos y reversiones. El indicador dibuja líneas horizontales en el gráfico en los extremos del rango promedio diario y también extensiones p
First of all Its worth emphasizing here that this Trading Tool is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal for professional trading. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders. It packs more than 20 useful indicators into one, combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies. This indicator focuses on Smart Money Concepts, providing i
Up Down V9
Guner Koca
5 (1)
indicator is no repaint trend indicator. when red stars up to line that is probably end of long trades. when blue stars up to line that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.
IX Power MT4
Daniel Stein
5 (5)
IX Power lleva por fin la insuperable precisión de FX Power a los símbolos que no son de Forex. Determina con exactitud la intensidad de las tendencias a corto, medio y largo plazo de tus índices, acciones, materias primas, ETF e incluso criptodivisas favoritas. Puede analizar todo lo que su terminal le ofrece. Pruébalo y experimenta cómo tu timing mejora significativamente a la hora de operar. Características principales de IX Power Resultados de cálculo 100% precisos y sin repintado -
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
FX Power MT4 NG
Daniel Stein
5 (7)
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 Power MT4 NG es la nueva generación de nuestro popular medidor de fuerza de divisas, FX Power. ¿Y qué ofrece este medidor de fuerza de nueva generación? Todo lo que le encantaba del FX Power original PLUS Análisis de fuerza de ORO/XAU Resultados de cálculo aún más precisos Períodos de análisis configurables individualmente Límite de cálculo persona
Otros productos de este autor
Easy CCI Alerts
Luke Kendall
5 (1)
The Commodity Channel Index (CCI) is an oscillator that is often used by forex traders to identify oversold and over bought conditions much in the same way as the RSI or Stochastics. How it Works The idea behind this indicator is simple, we wait for price to reach an extreme (overbought or oversold) and then trade when price appears to change direction in the hope of catching a move out of the area. Buy signals - The indicator waits for the CCI to become oversold (a value below -100). The indi
Bollinger Bands are volatility bands plotted two standard deviations away from a simple moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands expand when volatility increases and narrow when volatility capturing 85%-90% of price action between the upper and lower bands. How it Works Knowing that the majority of price action is contained within the two bands we wait for price to break out of either the upper or lower band a
Easy RSI Alerts
Luke Kendall
5 (1)
The Relative Strength Index (RSI) was developed by J. Welles Wilder and is a momentum oscillator that identifies overbought and oversold conditions. It is also a popular choice for many traders helping them find entries into the market. How it Works The simplest way to use the Relative Strength Index is to wait for an overbought or oversold condition and then enter into a trade when the RSI indicates that price is resuming in the dominant direction of the trend. Buy signals : For the first con
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