Currency Strength Meter and Heatmap
- 지표
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Md Golam Murshed
I am Md.Golam Murshed
Professional Forex Trader & MQL5 Developer
I specialize in price action, market structure (HH/HL/LH/LL), CAP Channel, RSI, Moving Average systems, and advanced drawdown logic. - 버전: 1.0
- 활성화: 5
Overview
Currency Strength Heatmap is a professional multi-currency strength indicator designed for MetaTrader 5. It analyzes the relative strength of the eight major currencies (EUR, USD, GBP, JPY, AUD, CAD, CHF, and NZD) in real time and presents the information through an advanced Heatmap Matrix and Currency Strength Meter.
Instead of relying on a single currency pair, the indicator evaluates all 28 major currency combinations to identify the strongest and weakest currencies in the market, helping traders select high-probability trading opportunities.
Key Features
✅ Real-Time Currency Strength Meter
- Measures the strength of all 8 major currencies.
- Smooth EMA-based calculations.
- Values normalized between 0–100.
✅ Advanced Heatmap Matrix
- Professional dashboard displayed directly on the chart.
- Instantly compares every currency against all others.
- Easy-to-read color-coded matrix.
✅ 4 Professional Color Themes
- Classic
- Neon
- Sunset
- Ocean
Choose the appearance that best matches your trading environment.
✅ Smart Buy & Sell Alerts
Receive instant alerts when:
- A currency becomes exceptionally strong.
- A currency becomes exceptionally weak.
- Strong Buy conditions appear.
- Strong Sell conditions appear.
Supports:
- Popup Alerts
- Push Notifications
- Email Alerts
✅ Session Filter
Trade only during your preferred market sessions.
Supports custom trading hours to focus on:
- London Session
- New York Session
- Asian Session
- Any custom GMT session
✅ Live Heatmap Refresh
The dashboard automatically updates in real time with optional blinking effects whenever market strength changes.
How It Works
The indicator calculates the percentage performance of all 28 major Forex pairs over the selected period.
It then:
- Calculates the relative strength of each currency.
- Smooths the values using EMA.
- Normalizes the results.
- Displays both the strength curves and the Heatmap Matrix.
This provides a clear view of market momentum and currency leadership.
Included Currencies
- EUR
- USD
- GBP
- JPY
- AUD
- CAD
- CHF
- NZD
Inputs
- Calculation Period
- EMA Smoothing
- Overbought Level
- Oversold Level
- Heatmap Theme
- Heatmap Display
- Grid Colors
- Session Filter
- Alert Settings
- Push Notifications
- Email Alerts
- Live Blinking Effect
Best For
- Forex Traders
- Swing Traders
- Scalpers
- Day Traders
- Position Traders
- Multi-Currency Analysis
- Trend Trading
- Strength vs Weakness Strategies
Advantages
- Professional dashboard
- Real-time currency analysis
- Easy market scanning
- Multi-currency comparison
- No repainting calculations
- Fast execution
- User-friendly interface
- Fully compatible with MetaTrader 5
Recommended Trading Method
Look for the strongest currency against the weakest currency.
Examples:
- Buy EURUSD when EUR is strong and USD is weak.
- Sell GBPJPY when GBP is weak and JPY is strong.
Combining this indicator with price action, support/resistance, or trend analysis can further improve trading accuracy.
