Currencies Strength Lines and Table
- Indicadores
- Mohamed yehia Osman
- Versión: 4.53
- Actualizado: 16 marzo 2022
- Activaciones: 20
separate indicator window for Currencies Strength smooth lines for up to 20 symbols based on (5) time frames
&&&
MAIN Window Power TABLE for up to 20 Symbols for (5) timeframes and the Total calculated Symbols strength for each
1- Currencies Strength
- It draws smooth lines for up to 20 currencies pairs representing Volatility strength and power calculated by 5 selected time frames not only
***Works on any Time frame but i recommend from M15 M30 H1 .... (lowest frames need higher index of calculation values)
2- Power Table :::
YOU DON'T HAVE TO SHIFT ON ALL TIME FRAMES FOR EACH CURRENCY PAIR TO CONCLUDE ITS TREND AND ITS POWER
YOU HAVE IT ALL IN ONE TABLE , 20 CURRENCY PAIR WITH 5 TIME FRAMES
ALSO , COMPARE BETWEEN CURRENCIES STRENGTH
AND ALERTS THE STRONGER /WEAKER PAIR BASED ON 5 TIMEFRAMES CALCULATIONS
- helpful tool to indicate the TREND strength of up to 20 currencies pairs
using 5 time frames (latest version You SELECT you own 5 timeframes from M1 to D1)
table shows the STRONG pair among all 20 pairs in GREEN
able shows the WEAKER pair among all 20 pairs in RED
An advisory label " BUY pair " is shown with the STRONGER pair calculated
An advisory label " SELL pair " is shown with the WEAKER pair calculated
Click symbol label to open its chart to trade
Click on Advisory BUY/SELL labels to open corresponding symbol chart to trade
when all cells values in a row for a pair is in RED -->indicates very BEAR Trend
when all cells values in a row for a pair is in GREEN-->indicates very BULL Trend
USE IT ON any chart TimeFrame
Inputs: 1- powerindex : 5/ 10/20/30.... (I use 30 !)
up to 20 pairs ( you can compare 2,3,5,....20 : but any incorrect pairs will STOP the indicator - leave unwanted symbols empty "")
2- Up to 20 different symbols pairs
3- 5 input time frames
STRATEGY1: BUY STRONGER PAIR / SELL WEAKER PAIR
STRATEGY2: BUY STRONGER PAIR When low timeframe value turns from Red to Green
SELL WEAKER PAIR When low time frame value turns from Green to Red
CLOSE open BUY trade when All / Lower time frames M5/M1 and M5/M15/M30 color turns RED
CLOSE open SELL trade when All /Lower time frame M5/M1 and M5/M15/M30 color turns GREEN
*make sure to download enough symbols data M1to D1 for all input symbols before installing
**make sure for correct input symbols (as symbols differs from brokers to another and from account to another)
**make sure to test it before purshase !