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CCI currency strength meter

5

CCI Currency Strength Meter uses CCI (Commodity Channel Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. If you load this indicator on a chart, it will first display the strength-lines of the currencies (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool," that already has the base and the profit (counter) currency. So, in total, you can display up to 7 lines.

Note: This is a multicurrency indicator. So, if you want to test this indicator, I provided the DEMO version that has a lot of limitations. The link to this DEMO version is: https://www.mql5.com/en/market/product/26981

Settings for the CCI indicator used:

  • CCI period: the period of the CCI (14 by default),
  • Apply to: which price should CCI be based on (close, open, high, low, median...),
  • Smoothing Factor: so that the lines don't look choppy; less or 1 = No smoothing, and 2 or more = smoothing applied (the smoothing factor applies to the CCI currency strength meter indicator, and not to the CCI used).
  • History: the number of candles to be displayed.

Lines formatting for the base and counter currency:

  • Color of the base currency: self-explanatory, select the color for the base currency,
  • Width: width of the line of the base currency,
  • Style: line style (solid, dash, dot...),
  • Color of the profit currency: color for the counter currency,
  • Width: width of the line of the profit currency,
  • Style: the style of the line of the profit currency (solid, dot, dash...).

Next is formatting for the additional 5 currencies (this one example is the same for all 5):

  • Currency n: write in the 3 letters symbol of the currency you want to display (examples: "eur" or "aUd" or "usD" or "NZD".."Btc" - all these formats are acceptable)
  • Color: color of that selected currency,
  • Width: line width,
  • Style: line style (if width is 1).

The same is for the next 4 currencies. In total, you can display up to 7 currencies.

Suggestion: Watch the provided video to make everything clear and/or check out the DEMO version: https://www.mql5.com/en/market/product/26981.

Avis 2
jmhuang
3148
jmhuang 2020.12.20 04:29 
 

i used this indicator for quite some time and it has yielded positive results - overall a very good indicator

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Auto Order Block with break of structure based on ICT and Smart Money Concepts Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   ,  MTF      ( Multi Time Frame )    Volume Imbalance     ,  MTF          vIMB Gap’s Equal High / Low’s     ,  MTF             EQH / EQL Liquidity               Current Day High / Low           HOD /
L'indicateur d'inversion ADR vous montre en un coup d'œil où le prix se négocie actuellement par rapport à sa fourchette quotidienne moyenne normale. Vous recevrez des alertes instantanées par pop-up, e-mail ou push lorsque le prix dépasse sa fourchette moyenne et les niveaux supérieurs de votre choix afin que vous puissiez sauter rapidement dans les reculs et les inversions. L'indicateur trace des lignes horizontales sur le graphique aux extrêmes de la fourchette quotidienne moyenne ainsi que
Wolfe Wave Scanner
Jalitha K Johny
5 (1)
Wolfe Waves scanner - It scans all the Symbols and identify the movement of price and it gives confidence in trade. It automatically plots  fifth wave breaks out of the channel. According to the theory behind the pattern, a line drawn from the point at the beginning of the first wave and passing through the beginning of the fourth wave predicts a target price for the end of the fifth wave. If a trader properly identifies a Wolfe Wave as it forms, the beginning of the fifth wave represents an op
on free demo press zoom out button to see back.. cnt number is bar numbers.you can change up to 3000 related to chart bars numbers. minimum value is 500. there is g value set to 10000. no need to change it. this indicator almost grail,no repaint and all pairs ,all timeframe indicator. there is red and blue histograms. if gold x sign comes on red histogram that is sell signal. if blue x sign comes on blue histogram that is buy signal. this indicator on thise version works all pairs.al timeframe
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RSI Currency Strength Meter uses RSI (Relative Strength Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currency of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 in the DEMO version, in REAL up to 5) to the "comparison pool" that already has the base and the profit (counter) c
FREE
CCI Currency Strength Meter uses CCI (Commodity Channel Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. If you load this indicator on a chart, it will first display the strength-lines of the currencies (base and counter currency of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 for the DEMO version, but on REAL up to 5) to the "comparison pool" that alrea
FREE
STO Currency Strength Meter DEMO uses Stochastic Oscillator to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currencies of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 in the DEMO version, in FULL up to 5) to the "comparison pool" that already has the base and the profit (counter) cu
FREE
RSI Currency Strength Meter uses RSI (Relative Strength Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool". If you want to look and compare, for example, EUR, USD and JPY, it will only look at the EURUS
STO Currency Strength Meter uses Stochastic Oscillator to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currencies of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool". If you want to look and compare, for example, EUR, USD and JPY, it will only look at the EURUSD, USD
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jmhuang
3148
jmhuang 2020.12.20 04:29 
 

i used this indicator for quite some time and it has yielded positive results - overall a very good indicator

sunnychow
8753
sunnychow 2019.12.16 13:23 
 

L'utilisateur n'a laissé aucun commentaire sur la note

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Version 1.3 2020.02.08
- Changes in the main code for faster and broker-friendly loading
- Alerts and Notifications can now be set; lines cross, cross above/below and cross back
- Correlation changed to only text print
- Some small bugs fixed
Version 1.2 2018.07.30
- Small bug fixed.
Version 1.1 2018.07.26
New input:
- History - How many candles to load, which results in faster loading and less CPU usage.
Other:
- Small bug fixed that decreases the overall CPU usage.
- The scale and the levels are now as in the CCI indicator (0,100 and -100).