CurrencyMeter

Currency Meter

 

When trading Forex, we trade a pair of currencies at time. For example EUR/USD. If we are long on the EUR/USD it means that we expect the EUR to gain in strength relative to the USD. If we are short on the EUR/USD it means that we expect the EUR to weaken relative to the USD. You should be all familiar with this concept.

The key thing about pairs though is that they just indicate the strength of one currency  relative to another. If we see the EUR/USD going up, is it because the EUR is strengthening or the USD is weakening? It isn't possible to tell this by just looking at the EUR/USD in isolation.

The indicator using the  formula which calculates the 'currency strength' of the following currencies: USD, EUR,GBP, CHF, JPY,CAD, AUD,NZD,XAU,SEK,ZAR,SGD and TRY.

 


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Trend Breakout Arrows Indicator The Trend Breakout Arrows Indicator is a momentum-based signal tool designed to identify potential bullish and bearish breakout opportunities. It displays clear arrow signals directly on the price chart, helping traders quickly recognize possible trend changes and continuation setups. Up Arrow (Buy Signal) A magenta up arrow appears below a candle when bullish momentum begins to strengthen. This signal indicates that buying pressure may be overtaking selling press
Pinpoint , XAUUSD için doğru alım ve satım sinyalleri sağlamak amacıyla geliştirilmiş, yeniden çizim yapmayan ve gecikmesiz, yüksek verimli bir işlem göstergesidir. Gösterge, hızlı değişen bir piyasada gerçek zamanlı olarak hızlı, doğru ve görsel çözümler isteyen yatırımcılar için oluşturulmuştur. Gösterge, hazır bir ticaret stratejisi olarak çalışır. O, varlığın fiyatının davranışını belirlenen bir algoritmaya göre analiz eder ve ideal giriş noktalarını belirler, ayrıca kârın en iyi nerede sabi
The indicator scans for Dinapoli thrust pattern in multiple timeframes for the all markets filtered and shows the results on Dashboard. Key Features Dashboard can be used for all markets It can scan for thrust pattern on MN1, W1, D1, H4, H1, M30, M15 ,M5, M1 timeframes Ability to choose number of bars required above/below displaced moving average to define thrust Parameters UseMarketWatch: Set true to copy all symbols available in market watch MarketWatchCount : Set the number of symbols that
ŞU ANDA %40INDIRIMLI Yeni Başlayanlar veya Uzman Tüccarlar için En İyi Çözüm! Bu Gösterge benzersiz, yüksek kaliteli ve uygun fiyatlı bir ticaret aracıdır çünkü bir dizi tescilli özellik ve yeni bir formül ekledik. Sadece BİR grafik ile 28 Forex çifti için Döviz Gücünü okuyabilirsiniz! Yeni bir trendin veya scalping fırsatının tam tetik noktasını belirleyebildiğiniz için ticaretinizin nasıl gelişeceğini hayal edin? Kullanım kılavuzu: buraya tıklayın Bu ilk olan, orijinal! Değersiz bir özent
Reversion King MT4
Eugen-alexandru Zibileanu
Piyasaya Yeni Bir Kral Geldi – Gösterge + Emir Yönetimi (TP1 + TP2 + TP3) (TAM TİCARET SİSTEMİ) Bu gösterge; gelişmiş bir strateji, tamamen özelleştirilebilir emir yönetim sistemi ve Envelopes genişlemelerini kullanan bir Ortalama Dönüş (Mean Reversion) sistemi ile birlikte gelir. RSI gibi çoklu akıllı onay filtreleri sayesinde yüksek olasılıklı dönüş noktalarını tespit eder ve net BUY (Alış) ile SELL (Satış) sinyalleri üretir. Gösterge Repaint Yapmaz (No Repaint). Sadece işlem açmayı değil, ayn
Bu gösterge, pratik ticaret için mükemmel olan otomatik dalga analizine yönelik bir göstergedir! Dava... Not:   Dalga sınıflandırması için Batılı isimleri kullanmaya alışkın değilim. Tang Lun'un (Tang Zhong Shuo Zen) adlandırma kuralının etkisiyle, temel dalgayı   kalem   , ikincil dalga bandını ise   segment   olarak adlandırdım. aynı zamanda segmentin trend yönü vardır. Adlandırma   esas olarak trend segmentidir   (bu adlandırma yöntemi gelecekteki notlarda kullanılacaktır, öncelikle söyleyey
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
KT Alpha Hunter Arrows MT4
KEENBASE SOFTWARE SOLUTIONS
Çoğu ok göstergesi size yalnızca bir sinyal verir ve geri kalan her şeyi sizin çözmenizi bekler. KT Alpha Hunter Arrows ise size eksiksiz bir işlem planı sunar. Her sinyal oku, grafikte hazır bir planla birlikte görünür: giriş çizgisi, stop loss, dört take profit seviyesi ve bu sembol ile zaman diliminin o anda işlem yapmaya değer olup olmadığını gösteren canlı edge kararı. Pakete dahil olan Trade Manager EA, siz işleme girdikten sonra yönetimi üstlenir. Böylece piyasa hareketli ve duygusal açıd
Break Axis Signal
Leandro Bernardez Camero
BreakAxis — Dönüş Noktasında Hassas Sinyaller Yeni güncellemeleri kaçırmamak için kanala katılın: https://www.mql5.com/en/channels/forexnewadvisor Eksen Kesişimine Dayalı Sinyal Mantığı BreakAxis Signal, sıfır ekseni kesişimlerine dayalı olarak fiyat yönündeki değişimleri algılamak üzere tasarlanmıştır. Histogram geçişleri, potansiyel piyasa momentumu değişimlerini vurgulamak için kullanılır ve yön okları ile görsel onay sağlanır. Sinyal Onayı ve Kararlılığı Her sinyal, belirli matematikse
PZ ABCD Retracement
PZ TRADING SLU
4 (5)
Identify precise entry and exit points with AB=CD patterns This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   ] Customizable pattern sizes Customizable AC and BD ratios Customizable b
Trend Lines PRO
Roman Podpora
5 (1)
TREND ÇİZGİLERİ PRO     Piyasanın gerçek yön değişimini anlamaya yardımcı olur. Gösterge, gerçek trend dönüşlerini ve büyük oyuncuların piyasaya yeniden girdiği noktaları gösterir. Anlıyorsun     BOS hatları  Daha yüksek zaman dilimlerindeki trend değişiklikleri ve önemli seviyeler, karmaşık ayarlar veya gereksiz gürültü olmadan gösterilir. Sinyaller yeniden çizilmez ve çubuk kapandıktan sonra grafikte kalır. VERSION MT 5     -    RFI LEVELS PRO  göstergesiyle birlikte kullanıldığında maksimum p
Yazarın diğer ürünleri
PriceActionDetector
Kourosh Hossein Davallou
Price Action translates as "price movement." Proponents of technical analysis believe that the price takes into account everything that happens on the market. Therefore, indicators and advisers are not needed, since they are calculated based on historical price data and can be very late. By the time the indicator signal triggers, the price direction may already have changed. Those indicators that are trying to predict the price direction are often redrawn. All this leads to unnecessary losses.
Three Channel
Kourosh Hossein Davallou
5 (1)
The Price Channel pattern trading strategy is one of the smartest ways to make money trading. The Price Channel pattern represents two trend lines positioned above (channel resistance) and below (channel support) the price. The price action is contained between these two parallel trendlines. The separation between the two trendlines needs to be wide enough if you want to trade inside the Price Channel Pattern. If this is the case, you can buy at the channel support level and sell at the channel
RenkoVP
Kourosh Hossein Davallou
Overview RenkoVP is a professional tool for price structure analysis that runs fully online on the main chart. Unlike many other Renko indicators, it requires no offline charts. The indicator combines Renko bricks, volume profile, dynamic Fibonacci levels, and automatic pattern recognition to help traders identify trends, key zones, and precise entry/exit points. Renko Bricks Configuration The indicator offers both manual and automatic brick configuration: No offline chart required - runs direc
RenkoVPEurUsd
Kourosh Hossein Davallou
5 (1)
Of course. Here is the product description for "RenkoVP for MetaTrader 4 RenkoVP for MetaTrader 4 (EURUSD Only) RenkoVP is a powerful, fully online Renko-based indicator designed specifically for analyzing the EURUSD currency pair. It provides traders with a clean, noise-free view of market structure by combining traditional Renko bricks with advanced volume profile analysis, dynamic Fibonacci tools, and automatic pattern recognition—all without the need for problematic offline charts. Core F
FREE
Stochastic RainBow 5
Kourosh Hossein Davallou
3 (1)
A   stochastic   oscillator is a momentum indicator comparing a particular closing price of a security to a range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a moving average of the result. It is used to generate overbought and oversold trading signals, utilizing a 0-100 bounded range of values. This indicator  show 8 stochastic on one chart.
FREE
Iranian stock market
Kourosh Hossein Davallou
5 (1)
Smart money is a powerful currency. This money is available to major investors who can identify, predict or even generate capital movements ahead of others. This money can flow into financial and capital markets and create dramatic price changes in various stocks. Therefore, detecting smart cash flow, which usually enters the market in a coherent manner and confronts the volume and value of transactions in a market with high returns, is one of the methods that some investors use to invest. But h
FREE
StochasticRainBow
Kourosh Hossein Davallou
5 (2)
A stochastic oscillator is a momentum indicator comparing a particular closing price of a security to a range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a moving average of the result. It is used to generate overbought and oversold trading signals, utilizing a 0-100 bounded range of values. This indicator  show 15 stochastic on one chart.
FREE
MarketSession
Kourosh Hossein Davallou
The 24-hour forex (FX) market offers a considerable advantage for many institutional and individual traders because it guarantees liquidity and the opportunity to trade at any conceivable time. Currencies can be traded anytime but an individual trader can only monitor a position for so long, however. Most traders can't watch the market 24/7 so they're bound to miss opportunities or worse. A jump in volatility can lead to a movement against an established position when the trader isn't around. A
FREE
Price Ladder
Kourosh Hossein Davallou
This indicator is based on the Channel . Input Parameters channel_One- show trend line One on or off. timeFrame_One - time Frame of channel One . ColorChannel_One - color of  trend line One. channel_Two- show trend line Two on or off. timeFrame_Two - time Frame of channel Two . ColorChannel_Two - color of  trend line Two. channel_Three- show trend line Three on or off. timeFrame_Three - time Frame of channel Three . ColorChannel_Three - color of  trend line three. channel_Four- show trend line F
FREE
This is an indicator that allows displaying three currency pairs in one window. Input Parameters: Symbol1 - first currency pair. symbol1mirrior - mirror display of the first currency pair. s1color - color of the first currency pair. Symbol2 - second currency pair. symbol2mirrior - mirror display of the second currency pair. Symbol3  - third currency pair. symbol3mirrior -  mirror display of the third currency pair. Symbo4  - fourth currency pair. symbol4mirrior - mirror display of the fourth cur
Price Aleart
Kourosh Hossein Davallou
Price Alert indicator plays sound alerts when the price reaches certain levels that are set by the trader. If you use e-mail alert feature, don't forget to set the e-mail settings in your MetaTrader platform options window.   Input parameters: WhenPriceGoesAbovePIP - if the price exceeds the current one by a specified amount of Pips, the alert will be triggered. WhenPriceGoesBelowPIP - if the price goes below the current one by a specified amount of Pips, the alert will be triggered. WhenPriceIs
Wolfe Wave
Kourosh Hossein Davallou
This particular methodology. Please note the odd sequence in counting, as you will see, it is necessary for the inductive analysis. By starting with a top we are assured of beginning our count on a new wave. (The reverse would apply for a bearish wave.) The 2 point is a top. The 3 point is the bottom of the first decline. The 1 point is the bottom prior to point 2 (top), that 3 has surpassed. The 4 point is the top of the rally after point 3. The 5 point is the bottom after point 4 and is likely
Daily GBPUSD trade
Kourosh Hossein Davallou
Our strategy relies on a choppy movement on most Forex pairs during the Asian session. Most traders in London sleep when the Sun shines over the Pacific and this results to a very slow movement of GBPUSD pair between 9:00 PM GMT and 7:00 AM GMT. Buy order: Place a buy-stop order just five  pip above the upper band. Place a stop loss just one pip below the lower band. Place a profit target at the upper LawnGreen Arrow. Sell order: Place a sell-stop order just five pip below the lower band. Place
Breakout trade
Kourosh Hossein Davallou
Breakout System  This indicator is based on the trend line and breakthrough. Pair: EURUSD, GBPUSD. Timeframe: M15 Or H1. Input Parameters AlertsOn - alert on or off. TrendLine - show trend line. TrendLineStyle - style of trend line. UpTrendColor - color of up trend. DownTrendColor - color of down trend. ShowTakeprofit - show take profits. ShowTakeprofitStyle - style of take profit. UpperTakeprofitColor - color of up take profit. LowerTakeprofitColor - color of down take profit.
Week Pivot
Kourosh Hossein Davallou
Weekly Pivot  There are a lot of advantages when trading with support and resistance lines, and they should be a staple in every trader's arsenal. Another effective method of deriving multiple horizontal based support and resistance lines is using a formula derived from yesterday's High, Low and Close bar. The formula maps out pivot point levels consisting of the pivot, and three levels of support and resistance, and these levels can be traded much the same way as trading with the regular suppor
Forex Tools X
Kourosh Hossein Davallou
The indicator is based on several useful indicators in the multi time frames that help us chart and table and alert.   The various parameters used in this indicator and the default ones are as follows. ·    Moving Average Mode:    LMMA ·        Moving Average Period One:     4 ·        Moving Average Period Two:     8 ·        Moving Average Period Three:  15 ·        Moving Average Period Four:    30 ·        Moving Average Period Five:     80 ·        Moving Average Period Six:      150 ·    
Only NonFarm Payroll Trade 4
Kourosh Hossein Davallou
Only NonFarm Payroll Trade  The employment situation is a set of labor market indicators. The unemployment rate measures the number of unemployed as a percentage of the labor force. Non-farm payroll employment counts the number of paid employees working part-time or full-time in the nation's business and government establishments. The average workweek reflects the number of hours worked in the non-farm sector. Average hourly earnings reveal the basic hourly rate for major industries as indicated
Daily GBP expert
Kourosh Hossein Davallou
Daily GBPUSD trade  Our strategy relies on a choppy movement on most Forex pairs during the Asian session. Most traders in London sleep when the Sun shines over the Pacific and this results to a very slow movement of GBPUSD pair between 9:00 PM GMT and 7:00 AM GMT. Input Parameters: Auto GMT shift extern int Broker_GMT_Shift = 0;//Manual Broker GMT shift extern int London_Night = 21; //London Night extern int London_Open = 7; //London Open
Multi Andrew PitchFork
Kourosh Hossein Davallou
5 (1)
ANDREW’S PITCHFORK TRADING STRATEGY       Essentially, Andrew’s Pitchfork is a tool for drawing price channels. While two lines surrounding price are usually enough to draw a channel, the Pitchfork has an extra line. It is the median line or the handle of the Pitchfork.     The median line is central to this trading method. This is why Andrew’s Pitchfork is also known as the Median Line Method. TRADING RULES      There are many ways to trade using Andrew’s Pitchfork but the basic idea is that pr
Visual Trading
Kourosh Hossein Davallou
With this tool you can easily draw lines on the chart and the trade is done easily. The steps are as follows: First: Draw the buy and sell lines on the chart. Second: Draw the profit and loss lines on the chart. Third: Specify the volume of the transaction you want to trade. Fourth: Activate the lines. Warning When moving lines, be careful not to make a wrong trade. Expert easily trades you. 
Multi Fair Value Gap
Kourosh Hossein Davallou
**Added to the Original Text:**   This indicator (Fair Value Gap - FVG) also **has the capability** to display **multiple timeframes** of your choice **simultaneously on a single chart**. This feature allows you to identify **stronger and more accurate signals**, as you can analyze price discrepancies (Gaps) across higher or lower timeframes, helping you make smarter trading decisions.   For example, if you spot a bullish FVG on the **1-hour timeframe** and it is also confirmed on the **4-hour
Multi OrderBlock
Kourosh Hossein Davallou
5 (1)
Order blocks are essential structures in trading that indicate areas where large institutional traders, like banks and hedge funds, have placed their orders. These blocks represent significant price levels where substantial buying or selling activity has occurred, providing clues about potential market movements. So, why should you, as a trader, care about order blocks? Well, knowing where these big orders are placed can give you a huge advantage. It’s like having a map showing where the treasur
Pattern Searching
Kourosh Hossein Davallou
Pattern Searching: Smart, Precise, & Customizable for MT4!  Are you looking for a powerful tool to quickly and accurately identify trading patterns in Forex? This advanced indicator for MetaTrader 4 (MT4) is exactly what you need!  Key Features That Will Amaze You:  Automatic Classic Pattern Detection: This indicator automatically finds the closest classic Forex patterns for you. Whether you're looking for Smart Money Concepts (SMC) or NDS strategies, this tool covers it all!   * Popular patt
Harmonic Price Patterns
Kourosh Hossein Davallou
Harmonic Price Patterns Indicator This indicator has the capability to manually display the closest harmonic pattern to you. It allows you to easily adjust its parameters and create your own custom harmonic pattern, while also displaying the price distance between each point. Key Features of the Manual Harmonic Pattern Indicator Harmonic Pattern Identification Detects popular harmonic patterns such as ABCD, Gartley, Bat, Butterfly, Crab, and Shark. Displays patterns automatically or semi-automat
MasterVolume Pro
Kourosh Hossein Davallou
Description: Elevate your chart analysis with this advanced indicator that seamlessly integrates Zigzag structures, Fibonacci retracements, and Volume Profile insights. Designed for traders who seek clarity and precision, this tool visually identifies high-probability price patterns and market turning points. Whether you're tracking CHOCH shifts, pinpointing POIs, or analyzing TRIPLE tops and FLAG formations, this indicator offers the depth and flexibility to adapt to any trading strategy.   C
RenkoPointFigure
Kourosh Hossein Davallou
Advanced Renko & Point & Figure Indicator with Win/Loss Pattern Analysis This powerful indicator combines two proven strategies—Renko and Point & Figure (P&F)—into one comprehensive tool for trend identification, pattern recognition, and risk management. With dynamic Box Size calculation (Fixed or ATR-based), moving average filters, and win/loss pattern detection, traders can make smarter, data-driven decisions. Key Features   Hybrid Renko + P&F System Renko: Noise-free price action with fixed
DualVWAP
Kourosh Hossein Davallou
Dual Timeframe VWAP Indicator for MT4  Description Professional VWAP indicator that displays both **Daily** and **Weekly** VWAP simultaneously on your chart.   Features: - Dual VWAP Lines: Blue for Daily, Red for Weekly - Configurable Bands: Two deviation bands for each timeframe - Session Control: Customizable trading hours for Daily VWAP - Clean Visuals: Solid lines for main VWAP, dashed for bands - Optimizable: Parameters can be optimized using Genetic Algorithm Key Settings: - Enable/di
On Click Trade
Kourosh Hossein Davallou
This is an Expert Advisor that allows opening and modifying positions and orders via mouse (with Stop Loss, Take Profit). Working with this Expert Advisor requires setting lot size, take profit and stop loss for positions. For pending orders you need to set lot size, take profit, stop loss and distance (pip). This Expert Advisor has only one input parameter - background color.
Moving Average RAINBOW
Kourosh Hossein Davallou
Moving Average RAINBOW Forex traders use moving averages for different reasons. Some use them as their primary analytical tool, while others simply use them as a confidence builder to back up their investment decisions. In this section, we'll present a few different types of strategies - incorporating them into your trading style is up to you! A technique used in technical analysis to identify changing trends. It is created by placing a large number of moving averages onto the same chart. When a
Three Channel 5
Kourosh Hossein Davallou
The Price Channel pattern trading strategy is one of the smartest ways to make money trading. The Price Channel pattern represents two trend lines positioned above (channel resistance) and below (channel support) the price. The price action is contained between these two parallel trendlines. The separation between the two trendlines needs to be wide enough if you want to trade inside the Price Channel Pattern. If this is the case, you can buy at the channel support level and sell at the channel
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