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Currency Strength Meter Pro Dashboard for MT5

Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc.


By default the strength value is normalised to the range from 0 to 100 for RSI algorithm:

  • The value above 60 means strong currency;
  • The value below 40 means weak currency;


This indicator needs the history data of all 28 major currency pairs and 9 timeframe. History data will be downloaded automatically as indicator will be started.


This Currency Strength Meter supports many powerful features:

  • Currency Strength Meter Dashboard (shows strength of currencies for any timeframe with sorting by name or value at one user-friendly dashboard);
  • Allows to calculate average currency strength from specified timeframes;
  • Searching tradable pairs by several algorithms (allows to find strong and weak currencies and show them at table as tradable pairs, you do not waste your time to do this calculation manually);
  • Powerful notification manager:
    • Notifications by crossing level (levels and timeframe is set by formula);
    • Notifications by crossing lines (timeframe is set by formula);
    • Notifications when new tradable pair is found (tradable pairs are found by formula);
    • Notifications about CSM state;
  • Many algorithms for calculation of strength of currencies (RSI, CCI, RVI, MFI, Stochastic, DeMarker, Momentum);
  • Powerful tradable pairs search engine by expression;
    • Min difference between strength of strong and weak currencies;
    • Min strength level for strong currency and weak currency;
    • Max difference between strength of strong and weak currencies;
    • Moving averages alignment;
  • Coloring of any object of Currency Strength Meter;
  • History line (allows to get Currency Strength Meter value for particular time in history, it helps to backtest your trading strategy with using Currency Strength Meter);
    • Calculation on candle close time;
    • Calculation on specified time with one minute precision;
  • Moving average smoothing (allowed to smooth result with specific algorithms);
  • Latency (allowed to calculate currency strength with specified interval, thus it takes less time for calculation);
  • User-friendly interface;
  • High resolution screens support (4K);


Relative links:


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Elite Trade Alerts MT5
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Versão 4.0 2021.12.31
Added possibility to run many instances of indicator to the same chart window.
Added application source description for all notifications, it helps to identify from which instance of indicator a notification was thrown.
Added possibility to change the names of tradable pairs table's columns.
Added tracing for terminal information, broker information, MQL program information and input parameters information.
Added "Get instruments from" property for Simple Table, Sorted Table and Tradable Pairs Table to show strength only for specified instruments.
Added possibility to show Cross Lines Notification for instruments from specified symbols or specified instruments.
Added possibility to show Cross Level Notification for instruments from specified symbols or specified instruments.
Added possibility to show Tradable Pairs Notification for instruments from specified symbols or specified instruments.
Added possibility to show Currencies Strength State Notification for instruments from specified symbols or specified instruments.
Added possibility to change table head color for all tables (Simple table, Sorted table, Tradable pairs table).
Added possibility to highlight tables' timeframes cell for current chart timeframe by different color.
Added possibility to highlight tables' instruments cells for current chart symbol by different color.
Added cross level notifications for average strength from multiple timeframes.
Added cross lines notifications for average strength from multiple timeframes.
Added possibility to search crosses lines for cross lines notifications on different timeframe together at the same time (works as AND condition) like it was done for crosses levels notifications.
Added new filtering algorithm for tradable pairs searching. It's called "Symbols". It allows to search tradable pairs with pairs which are listed by user or ignore pairs which are listed by user.
Changed MA algorithm rules for search of tradable pairs (If you are using custom tradable pairs expression do not forget to update your expression according new rules for MA algorithm).
Improved indicator initialization stability.
Fixed not getting tradable pairs notifications.
Fixed not showing last tradable pair at tradable pairs table if all pairs should be shown by condition.
Fixed typo mistakes at input parameters of indicator.
Versão 3.3 2021.08.21
Optimized of CSM values calculation by caching values for every update circle (7 times faster, load of CPU for CSM values calculation is reduced for 85 percent).
Added several algorithms for processing of TradablePair table's cell clicking (open pair at new chart, open pair at other chart or new one if it is not opened yet).
Added scrolling of chart to history line time if it is out of view (it allows do not lose history line).
Fixed DeMarker algorithm name.
Speed up of tradable pairs searching with MA algorithm at indicator init time and switching timeframes.
Versão 3.2 2021.06.26
Added 5 properties for tradable pairs expression (this properties are concatenated together and it allows to avoid MQL limits for property length of 226 chars, now it's possible to use expression with 1130 chars length).
Versão 3.1 2021.06.23
Added possibility to enable tradable pairs notifications only for specified columns.
Versão 3.0 2021.06.07
Added possibility to backtest history data with history line at specified time with one minute accuracy (not only with close time of candle).
Added possibility to change Gold symbol. It allows to use any different symbol not only gold but XAG, XAU etc.
Added Bullish or Bearish direction of tradable pairs in tradable pairs notification message.
Sorting of tradable pairs alphabetically.
Adding history line object to visible list of chart objects.
Keeping history line state on chart even if indicator's properties have changed.
Momentum algorithm values for strength calculation is multiplied by 100.
RVI algorithm values for strength calculation is multiplied by 100.
Disabled ray property of history line.
Versão 2.11 2021.03.31
Fixed tradable pairs finder for MA alignment algorithm if Gold is enabled.
Versão 2.10 2021.03.29
Added navigation through tradable pairs by left mouse click on calls of tradable pairs table.
Added bearish and bullish coloring of tradable pairs table according to expression at indicator properties.
Added possibility to change color for bearish and bullish of tradable pairs cells.
Added bearish or bullish description next to tradable pair for Currency Strength State Notification.
Added new DM (Difference max between currencies' strength) algorithm for tradable pair search engine.
Added Moving Averages Alignment algorithm for tradable pair search engine.
Fixed D (Min Difference between currencies' strength) algorithm for tradable pair search engine for (CCI, RVI and Momentum algorithms).
Fixed indicator initialization if cross level expression is empty at indicator properties.
Versão 2.2 2020.12.31
Added possibility to use multiple tradable pairs finders.
Added tradable pairs state to Currency Strength State Notification.
Added possibility to change visible rows count for tradable pairs table.
Versão 2.1 2020.11.20
Fixed sending Tradable Pairs notification.
Versão 2.0 2020.11.17
Added high resolution screens support (4K).
Added User Interface (UI) scaling and Font scaling.
Added support of strength identification for Gold.
Added expression based tables columns visibility, It allows to customize tables columns.
Added possibility to get notification once N period candle is closed.
Added expression based notification for levels crossing, which allows to get notifications when there is a cross on many different timeframes all at once.
Added averaging CSM values for different timeframe for tradable pairs finder.
Added support for all timeframes (M1,M2,M3,M4,M5,M6,M10,M12,M15,M20,M30,H1,H2,H3,H4,H6,H8,H12,D1,W1,MN1,Current).
Added new Currencies Strength State Notification which shows strength of all currencies as N period candle is closed.
Added averaging CSM values for Currencies Strength State Notification.
Improved history data loading. It allows to show indicator data more faster if history data is missed.
Improved logging at notifications area.
Fixed delay of dashboard data updating after timeframe switching.
Fixed updating indicator data when market is closed, when there is not any ticks.
Fixed not sending of notifications on some conditions.
Fixed typo mistakes.
Versão 1.10 2020.07.09
Added auto detection of symbols suffix.
Added scale ration parameter for RSI algorithm.
Restore dashboard state when change chart symbol, timeframe, reconnection to the server and changing indicator properties.
Versão 1.1 2020.05.05
Fixed chart scrolling when indicator is added.