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Average True Power

Strongest and Weakest Currency Analysis

This product shows the strength of the main currencies in FOREX based on average pip gain/loss in different time-frames!

Depending on the strength of the currency, the indicator colors changes from blue to red also the orders may also be changed, allowing you to find the strongest and weakest currency at a glance!


Advantages

Whatever your trading method and strategy are, it is always important to choose the correct pairs, so this indicator will help you answer this question by calculating the average pip gain/loss of each currency and also help you to find the direction of the trends!


Features

  • Shows the power of 8 main currencies in FOREX.
  • Shows powers in different time-frames from M1 to Daily.
  • For the sake of comparison it also shows the power of Yesterday!
  • Easy, nice and user-friendly interface which help you monitor the market live!
  • It shows the average pip gain/loss of each currency in different periods.
  • It sorts the currencies in each period based on the power of them, so the strongest one is always on top and the weakest one is in the lowest level.


Input Parameters

You can put the indicator on any Currency pairs (Suggested EURUSD) and on any Time-frames (Suggested M1).

  • BackGround – You can set your favorite color for panel-background, default is Black;
  • Time_frames – You can set your favorite color for time-frames, default is Gold;
  • Bullish – You can set your favorite color for Bullish currency, default is DodgerBlue;
  • Bearish – You can set your favorite color for Bearish currency, default is Red;


Notes

When the color of the value is red, it means it is less than zero (we don’t show the minus sign).

Before using the indicator, do not forget to set the show all in market watch!

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The Shark Pattern is dependent upon the powerful 88.6% retracement and the 113% Reciprocal Ratio, works extremely well retesting prior support/resistance points (0.886/1.13) as a strong counter-trend reaction. Represents a temporary extreme structure that seeks to capitalize on the extended nature of the Extreme Harmonic Impulse Wave. The indicator demands immediate change in price action character following pattern completion. Extreme Harmonic Impulse Wave utilized depends upon location of 88.6
SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market! Key Features You can use it in all time-frames smaller than daily! Displays closest significant support and resistance levels Update the l
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Gioteen Volatility Index (GVI)   - your ultimate solution to overcoming market unpredictability and maximizing trading opportunities. This revolutionary indicator helps you in lowering your losing trades due to choppy market movements. The GVI is designed to measure market volatility, providing you with valuable insights to identify the most favorable trading prospects. Its intuitive interface consists of a dynamic red line representing the volatility index, accompanied by blue line that indicat
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is a fully automatic Forex trading Expert Advisor. The robot can run on any instrument, but the results are better with EURUSD on the H1 timeframe.  If you are a long-term investor looking at yearly profits with high Sharpe-ratio then Money magnet is a good option. Please check the comment part to share your settings with others and enjoy the latest optimal settings uploaded by other users.  Expert Advisor Advantages High Sharpe-ratio The EA does not use such systems as martingale, hedging,  g
Gioteen Volatility Index (GVI) - your ultimate solution to overcoming market unpredictability and maximizing trading opportunities. This revolutionary indicator helps you in lowering your losing trades due to choppy market movements. The GVI is designed to measure market volatility, providing you with valuable insights to identify the most favorable trading prospects. Its intuitive interface consists of a dynamic red line representing the volatility index, accompanied by blue line that indicate
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