Smart Currency Strength MT5

Smart Currency Strength is a powerful yet simple indicator that measures the strength of individual currencies.

It features a graphic panel that lists the main currencies and their strength in each timeframe, ranging from 0 (most oversold) to 100 (most overbought).

The strength for all currencies in the current timeframe is also shown in a separate window as a multi-line graph, where each currency is represented with a different color, this allows you to monitor the evolution of strength trend through time.


This can be used to identify the most trending currency pair to trade (formed by the most overbought and the most oversold currencies), or as a filter for your strategy, in order to avoid buying a weak currency or selling a strong one.


This indicator can be used in an expert advisor as it features a buffer for each supported currency.


Supported currencies are: EUR, USD, GBP, CAD, AUD, NZD, JPY, CHF

MT4 version is here


Configuration parameters:

Indicator to use: choice of indicator to use for strength calculation, RSI, MFI or Stochastic

Max Number of Bars to Process: since the indicator works on 28 pairs simultaneously, setting this parameter can improve the performance, the default value should be good for all purposes, 0 disables this setting and processes all available bars

RSI Indicator parameters: if you chose RSI you can set its parameters in this section

MFI Indicator parameters: if you chose MFI you can set its parameters in this section

Stochastic Oscillator Indicator parameters: if you chose Stochastic Oscillator you can set its parameters in this section

Show Panel: display the multi-timeframe panel

Overbought level: currencies above this level of strength are considered overbought and are highlighted in blue color in the panel, a line at this level is also drawn in the indicator window

Oversold level: currencies below this level of strength are considered oversold and are highlighted in red color in the panel, a line at this level is also drawn in the indicator window

Default values (65, 35) are optimized for RSI indicator, for MFI it would be advisable to set 70, 30 e for Stochastic 85, 15

Bars Shift: Timeframe bar shift for the values displayed in the panel (default 0 is current bar)

Symbol Prefix and Symbol Suffix: if you are backtesting this indicator and your broker has prefixes or suffixes in the currency pair names (i.e. EURUSD#, EURUSD.m, etc.) you should specify them here


Should you need help with configuration or functionalities feel free to contact me.



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4.96 (24)
RelicusRoad Pro : Système d'Exploitation Quantitatif du Marché 70% DE RÉDUCTION ACCÈS À VIE (DURÉE LIMITÉE) - REJOIGNEZ 2 000+ TRADERS Pourquoi la plupart des traders échouent-ils même avec des indicateurs "parfaits" ? Parce qu'ils tradent des concepts isolés dans le vide. Un signal sans contexte est un pari. Pour gagner, il faut de la CONFLUENCE . RelicusRoad Pro est un Écosystème Quantitatif complet . Il cartographie la "Fair Value Road", distinguant le bruit des cassures structurelles. Arrête
Smart Stop Indicator – Précision intelligente du stop-loss directement sur votre graphique Présentation Smart Stop Indicator est la solution idéale pour les traders qui souhaitent placer leur stop-loss de manière claire et méthodique, sans deviner ni suivre leur intuition. Cet outil combine la logique classique de price action (succession de plus hauts et de plus bas) avec une reconnaissance moderne des cassures pour identifier le prochain niveau de stop réellement logique. Que le marché soit
This indicator automatically detects  internal & swing market structure, Breaker block, Strong Imbalance, Liquidity Void, Volume imbalance. Features Full internal & swing market structure labeling in real-time Breaker block Strong Imbalance Liquidity Void volume imbalance After purchasing the indicator, the full source code is provided, and via indicator buffers it can be easily integrated into your Expert Advisors (EAs) for automated trading strategies.
Gladiator Indicator: Conquer the Markets Step into the trading arena with the Gladiator Indicator, a robust and highly effective trading tool designed exclusively for MQL5. Built for traders who want clear, actionable insights, Gladiator cuts through market noise to deliver precise Buy and Sell signals right on your charts. Whether you are a beginner looking for guidance or an experienced trader seeking a reliable confirmation tool, Gladiator provides the edge you need to battle the markets wi
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Clean up Market Watch from unused symbols. If you use multiple advisors and terminals on the same account your Market Watch windows may get filled with unused symbols from orders and positions opened on other terminals. Every symbol in the Market Watch consumes cpu power and bandwidth to get constantly updated and if you are on a vps you want to minimize resources consumption. Market Watch Cleaner helps you with that by periodically cleaning your Market Watch window from unused symbols. Param
FREE
Clean up Market Watch from unused symbols. If you use multiple advisors and terminals on the same account your Market Watch windows may get filled with unused symbols from orders and positions opened on other terminals. Every symbol in the Market Watch consumes cpu power and bandwidth to get constantly updated and if you are on a vps you want to minimize resources consumption. Market Watch Cleaner helps you with that by periodically cleaning your Market Watch window from unused symbols. Param
FREE
Smart Currency Strength   is a powerful yet simple indicator that measures the strength of individual currencies. It features a graphic panel that lists the main currencies and their strength in each timeframe, ranging from 0 (most oversold) to 100 (most overbought). The strength for all currencies in the current timeframe is also shown in a separate window as a multi-line graph, where each currency is represented with a different color, this allows you to monitor the evolution of strength tre
Smart Hedge
Francesco Baldi
Worried about weekend price crashes wiping your account? Tired of adverse news releases stopping your positions? Trade with peace of mind with Smart Hedge. Smart Hedge protects your positions from weekend gaps and news spikes. MT5 version:  https://www.mql5.com/en/market/product/113024 Description : Have you ever feared that some breaking news during the weekend could wipe your account? Did you ever have your positions stopped by an adverse news release during the market open hours? I did, an
Smart Hedge MT5
Francesco Baldi
Worried about weekend price crashes wiping your account? Tired of adverse news releases stopping your positions? Trade with peace of mind with Smart Hedge. Smart Hedge protects your positions from weekend gaps and news spikes. MT4 version: https://www.mql5.com/en/market/product/113290 Description : Have you ever feared that some breaking news during the weekend could wipe your account? Did you ever have your positions stopped by an adverse news release during the market open hours? I did, and
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