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Currency Relative Strength

This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY.

The strength value is normalized to the range 0-100:

  • The value above 60 means strong.
  • The value below 40 means weak. 

This indicator needs the data of all 28 paris and 9 timeframes.

Use the EA Downloadhistory28&9 to download data automatically. --> https://www.mql5.com/en/blogs/post/728216


I coded an EA with this indicator, the EA has a GUI which provides manual trade ,grid strategy, profit protect,breakeven and trailing stop:

Pair Power Index Helper (PPI Helper)

Reference for calling it in EA : https://www.mql5.com/en/blogs/post/730961

Inputs  (full screenshot : https://c.mql5.com/1/180/INPUT-FULL-V3.4__1.png)

  • OnlyShowCurrentPairs -  if it is true, only shows the pair of the current chart,otherwise shows all 8 curves.
  • BarsToShow - Number of bars to show the  strength curve.
  • MaPeriodsToSmoothLines - Moving Average periods for smoothing strength lines.
  • Suffix - Symbol suffix.
  • FontSize - the font size of the figure, the default is 13
  • RowSpace - the row space of the figure, the default is 17

The below 2 inputs are for alert when there is a cross bewteen two curves:

  • AlertType - This is 5-option input for alert crossing. NONE means no alert. Alert after a crossing is finished.
  • AlertSymbol - Select all symbols or only current symbol for alert crossing.

AlertType-- a 5-option input:

  • NONE --- DO NOT Alert
  • Popup --- Popup a window
  • Email --- Send email
  • Popup&Email ---Popup a window and send email
  • PUSH NOTIFICATION --- Push mobile message by MT4 APP.


The below 2 inputs are for sending the strength numbers of all 8 curves:
  • Email - Send email for strength data on a new bar or after the specified number of minutes.
  • IntervalMinutes - if it is 0, send email on a new bar, otherwise send email after the specified number of minutes.
The below 6 inputs are for alert when there is a curve crossing up the level of 60(stronger) or crossing down the level of 40(weaker):
  • Currency Cross Level Setting (Stronger/Weaker)- -======
  • AlertType - this is 4-option input. NONE means no alert.
  • AlertCurrency - select all 8 currencies or only current currency of the chart.
  • BarIndex - 0 presents the current bar,it means the crossing occurs between the first bar and the second bar.
  • CrossUpLevel - a level for crossing up, the default is 60.
  • CrossDownLevel - a level for crossing down, the default is 40.
The below 6 inputs are for oversold (currency cross above 20) or overbought(currency cross below 80):
  • Currency Cross Level Setting (Oversold/Overbought) - ======
  • AlertType - this is 4-option input. NONE means no alert.
  • AlertCurrency - select all 8 currencies or only current currency of the chart.
  • BarIndex - 0 presents the current bar,it means the crossing occurs between the first bar and the second bar.
  • CrossUpLevel - a level for crossing up, the default is 20.
  • CrossDownLevel - a level for crossing down, the default is 80.



Comentários 24
thapas
338
thapas 2020.06.10 16:36 
 

just rented this indicator, very promising. infact it saved me some money just this week. It will help me at least from buying at a high or selling at low since I am a trend follower. need to see more live for a month before I buy it. Thanks again

SYED HUSSNAIN AMEER
845
SYED HUSSNAIN AMEER 2019.12.04 04:09 
 

Thank you for the great indicator and also great support! appreciate that!

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SL Currency Strength Meter 28 Pair
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SL Currency strength meter pro28  check one time This strategy is even used by the Banks to make profits. They take a strong currency and pitch against a weak currency This indicator allows you to analyze the hidden trends and correlations between the 8 most traded currencies via unique strength meter which creates multiple charts in a single window based on the price action of each currency in relation to all other currencies. The indicator also includes interactive panel where you can see the
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Advanced Currency IMPULSE with ALERT
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CURRENTLY 39% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs . Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify an
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TPA True Price Action MT4 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. TPA has been developed by traders for traders and is not another combination out of existing indica
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Naked Forex Tweezer Pro Indicator for MT4
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
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Pivot Prof MT4
Paul Anscombe
Um excelente indicador ... Obtenha oportunidades de negociação incríveis com o Pivot Prof e use os níveis que os profissionais usam para aprimorar sua negociação hoje! O Pivot Prof é rico em recursos e usa algoritmos exclusivos para calcular e exibir os níveis de negociação de vários prazos em um único gráfico fácil de ler e fornece alertas de terminal, celular e e-mail, além de personalização completa. Atualização Importante Maximize o potencial do Pivot Prof visitando o   Pivot Prof - Tradi
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Filtro:
lanxiao13
25
lanxiao13 2020.09.11 19:12 
 

咋中文的这么少呢?这个作者服务很周到啊,有啥不懂的问都给你解答的很好,关键指标啥的都挺好用的

lamare2011
19
lamare2011 2020.08.18 12:45 
 

hi i have purchaed this product but it's not working. why? help me plz

Kev Case
189
Kev Case 2020.08.03 21:59 
 

Usuário não fez qualquer comentário quanto a classificação

thapas
338
thapas 2020.06.10 16:36 
 

just rented this indicator, very promising. infact it saved me some money just this week. It will help me at least from buying at a high or selling at low since I am a trend follower. need to see more live for a month before I buy it. Thanks again

SYED HUSSNAIN AMEER
845
SYED HUSSNAIN AMEER 2019.12.04 04:09 
 

Thank you for the great indicator and also great support! appreciate that!

Plamen Ivanov
1865
Plamen Ivanov 2019.08.22 10:31 
 

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Qun Li
601
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Aleksey Reshetnikov
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Responder ao comentário
Versão 4.12 2020.09.11
code optimization
Versão 4.11 2020.08.31
V4.11
Fixed a small bug in V4.1
The bug is whatever ShowJPY is true or false, the JPY strength curves always shows.
Versão 4.1 2020.08.31
Version 4.1
Add 8 options for each currency to show or not.
Please note the first input “OnlyShowCurrentPairs” must be false if you want set show or not for each currency.
Versão 4.0 2020.06.10
1.added push notification in alert type
2.fixed bugs in overbought/oversold alert.
Versão 3.4 2020.06.03
Add alert for oversold and overbought.
1.one currency is oversold and crossed above 20, send alert
2.one currency is overbought and crossed below 80,send alert.
Versão 3.3 2018.09.28
Add an input - OnlyShowCurrentPairs, if it is true,only shows the two pairs of the current chart.
Versão 3.2 2018.06.13
New version 3.2
1. Added font size and row space settings for the strength figure.
Inputs:
FontSize - the font size of the figure, the default is 13.
RowSpace - the row space of the figure, the default is 17.

2. Added alert function when strength line cross up 60 or cross down 40.
Inputs:
AlertType - this is 4-option input. NONE means no alert.
AlertCurrency - select all 8 currencies or only current currency of the chart.
BarIndex - 0 presents the current bar, it means the crossing occurs between the first bar and the second bar.
CrossUpLevel - a level for crossing up, the default is 60.
CrossDownLevel - a level for crossing down, the default is 40.
Versão 3.1 2018.01.30
v3.1
Added email function - send email on a new bar or after the specified number of minutes, the email content is the strength data.
Email - true or false
IntervalMinutes - if it is 0, send email on a new bar, otherwise send email after the specified number of minutes.
Versão 3.0 2017.07.31
version 3.0 : add an alert after a crossing is finished,which means the crossing is between the second and third bar.
Inputs:
AlertType: this is 4-option input. NONE means no alert.
AlertSymbol: select all symbols or only current symbol.