An expert advisor based on the multicurrency indicator ICI_v2. Analyzes dynamics across a group of currency pairs to determine base currency strength and automatically executes trades.
Calculates relative currency strength based on the dynamics of their indicator values.
Algorithm:
Collect unique currencies:
string currencies[];
for(each element in symbolData)
{ if currency not in currencies array → add it }
Pairwise currency comparison:
for(each currency A in currencies)
{ for(each currency B in currencies)
{ if A == B → skip // Calculate value differences over 3 periods
double diff0 = A[0] - B[0];
// Current value
double diff1 = A[1] - B[1];
// Previous value double
diff2 = A[2] - B[2];
// Value from 2 periods back } }
Determine trend direction:
double change = 0;
if(diff0 > diff1) change += 1;
// Strengthening of A vs B if(diff1 > diff2) change += 1;
// Confirmation of strengtheningif(diff0 < diff1) change -= 1;
// Weakening of A vs Bif(diff1 < diff2) change -= 1; // Confirmation of weakening
This implementation represents the basic integration layer of the indicator within the trading system. Given sufficient community interest in the ICI_v2 indicator, I will publish enhanced versions of the expert advisor featuring improved algorithms for:
Your Questions, Comments & Suggestions Are Welcome!
An expert advisor based on the multicurrency indicator ICI_v2. Analyzes dynamics across a group of currency pairs to determine base currency strength and automatically executes trades.
Key Features:
Main Parameters:
Core Function: CalculateCurrencyStrength()
Calculates relative currency strength based on the dynamics of their indicator values.
Algorithm:
Key Calculation Features:
Result Visualization:
Significance for Trading Logic:
Calculated strength directly determines:
Transforms raw indicator data into actionable trading signals.
This implementation represents the basic integration layer of the indicator within the trading system. Given sufficient community interest in the ICI_v2 indicator, I will publish enhanced versions of the expert advisor featuring improved algorithms for:
Trading signal detection
Capital management
Adaptive trading strategies