Currency Power Index MT5
- Indicatori
- Versione: 1.20
- Aggiornato: 20 marzo 2026
- Attivazioni: 7
Currency Power Index MT5 — All 8 Currencies in One Window
Currency Power Index MT5 calculates and displays the relative strength of 8 major currencies (EUR, USD, GBP, JPY, CHF, AUD, NZD, CAD) by analyzing all 28 cross pairs simultaneously. See at a glance which currency is strengthening and which is weakening — right on your chart.
Key Features
- 28 Forex Pairs Analyzed — every possible combination of the 8 major currencies
- Two Reference Modes:
- Period Mode — strength relative to N bars back (dynamic, follows price)
- Start Date Mode — strength relative to a fixed date (ideal for session or weekly analysis)
- MA Smoothing — optional Moving Average filter (SMA, EMA, SMMA, LWMA) with adjustable period to reduce noise
- Auto Suffix Detection — works with any broker, automatically detects symbol suffixes (e.g. EURUSD.m, EURUSDpro)
- Sorted Labels — real-time overlay showing all currencies ranked by strength with percentage values
- Optimized Performance — bulk data loading (single CopyClose per pair), minimal CPU impact even on M1
- Works on All Timeframes — from M1 to MN
- No DLL Required
Parameters
Main Settings
- Reference Mode — Period (N bars back) or Start Date (fixed point in time)
- Lookback Period — number of bars for comparison (default: 10). Used in Period mode
- Start Date — fixed reference date. Used in Start Date mode
- Symbol Suffix — leave empty for auto-detection, or set manually (e.g. ".m", "pro")
- Show Labels — enable/disable the ranked currency labels on the chart
MA Smoothing
- MA Period — 0 = no smoothing (raw values), any value > 1 applies the selected MA
- MA Method — SMA, EMA, SMMA or LWMA
How It Works
For each bar, the indicator computes the percentage change of every currency relative to the reference point. Each currency participates in exactly 7 pairs out of the 28. The final strength value is the average across all valid pairs. Positive values indicate appreciation, negative — depreciation.
How to Use
- Buy the strongest, sell the weakest — find the pair where one currency is at the top and the other at the bottom
- Divergence detection — when two currencies diverge, it signals a strong trending opportunity
- Convergence = mean reversion — when two currencies converge, consider range trading
- Session analysis — use Start Date mode to see how currencies moved since the session open
- Multi-timeframe confirmation — check strength alignment across H1, H4, D1
Color Scheme
- EUR — Magenta
- GBP — Black
- USD — Blue
- JPY — Orange
- CHF — Purple
- CAD — Cyan
- AUD — Lime
- NZD — Brown
Requirements
- MetaTrader 5
- Broker that provides the standard 28 Forex pairs (most brokers do)
- Pairs that are unavailable at your broker are automatically skipped — the indicator adapts
Recommended Settings
- Scalping / Intraday: Period 5–10, Timeframe M15–H1, MA 0 (no smoothing)
- Swing Trading: Period 10–20, Timeframe H4–D1, MA 3–5 (SMA or EMA)
- Session Strength: Start Date mode set to today's session open
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Intellectual Property Notice
This product is proprietary software. Redistribution, resale, decompilation, modification, or commercial reuse of the code, algorithms, or visual design without written permission is strictly prohibited.
The indicator logic, visual design, and underlying algorithms of Currency Power Index MT5 are original works by the author and are protected as intellectual property.
Disclaimer: Trading financial instruments involves significant risk. Currency Power Index MT5 is a technical analysis tool and does not guarantee profits. Past performance is not indicative of future results. Always test on a demo account before live application.
