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tuandung86  
Hello ALEKSANDR SHUKALOVICH!
I've bought your Currency Streng Meter for 1 month. I always trade on M15 timeframe and often define trend by H1 time frame. Can you explain me more detail parameters in your indicater and how can I configure the best parameter to trading?

Thank you very much!

P/s: My email is tuandung86@gmail.com

ALEKSANDR SHUKALOVICH  
tuandung86:
Hello ALEKSANDR SHUKALOVICH!
I've bought your Currency Streng Meter for 1 month. I always trade on M15 timeframe and often define trend by H1 time frame. Can you explain me more detail parameters in your indicater and how can I configure the best parameter to trading?

Thank you very much!

P/s: My email is tuandung86@gmail.com

By default it configured best to trade piranhaprofits strategies https://www.piranhaprofits.com/ (Adam Khoo).

Watch this videos to know how to use Currency Strength Meter:

https://www.youtube.com/watch?v=cnYUb2VOPQI

https://www.youtube.com/watch?v=MVI7Jm_abrg


If you trading timeframe M15 than look at currency strength meter at H1...

If you trading timeframe H1 than look at currency strength meter at H4... And so on.

You should buy strong currency (Currency Strength Meter 55-60+) and sell weak currency (Currency Strength Meter 45-40+). 

Also if you have your own strategy you can back-test. Find winning trades on history data and setup CSM to this date and look what are CSM values were at that time. Do this at least 10-20 times. Calculate average value. And when you want to take a trade look to CSM if it shows about same value you should take a trade if not skip this trade. If you will do this your win rate must increase. 


If you want to use history data you should enable "Display history line" on property page. Thus you can see history line. Move it to view CSM data at this history.


When you find the best CMS values according to you strategy you can config notifications. Thus you will be notified when market will have such conditions.


I recommend you to learn Adam's strategies.

ALEKSANDR SHUKALOVICH  
tuandung86:
Hello ALEKSANDR SHUKALOVICH!
I've bought your Currency Streng Meter for 1 month. I always trade on M15 timeframe and often define trend by H1 time frame. Can you explain me more detail parameters in your indicater and how can I configure the best parameter to trading?

Thank you very much!

P/s: My email is tuandung86@gmail.com


Fill free to ask any questions. I am really appreciate that.

tuandung86  
Hi sir,
I 've some question sent by email, please check email and help me:
I hope your Indicator will help me be better to trade, I will buy it which full version after first 1 month period!
Thank you so  much and looking forward your reply email!
ALEKSANDR SHUKALOVICH  

How to know how is the system determine the "Tradable Pairs"?

Tradable Pairs are calculated by formula, which can be changed at any time.

Default combined formula is D:H1:15;D:H4:20;D:D1:15;L:H1:50:50;L:H4:50:50;L:D1:50:50

Let's describe each specified formula one by one separately:

D:H1:15 - Difference between strong and weak currencies at least 15 points at H1 timeframe
D:H4:20 - Difference between strong and weak currencies at least 20 points at H4 timeframe
D:D1:15 - Difference between strong and weak currencies at least 15 points at D1 timeframe
L:H1:50:50 - Weak currency below 50 level and strong currency above 50 level at H1 timeframe
L:H4:50:50 - Weak currency below 50 level and strong currency above 50 level at H4 timeframe
L:D1:50:50 - Weak currency below 50 level and strong currency above 50 level at D1 timeframe

You can changed it as you want.


Tradable Pairs properties



And as always:

Take profit!
ALEKSANDR SHUKALOVICH  
First of all thanks for using of this indicator. I hope it will help you to take profit more frequently.

Answers for your questions:

1. So, could you explain me for more detail about your indicator? For example: The rule and the method which used by indicator... by RSI, by…etc?

Watch this video to know how to use Currency Strength Meter: 
    * https://www.youtube.com/watch?v=cnYUb2VOPQI
    * https://www.youtube.com/watch?v=MVI7Jm_abrg
First of all it was designed to use Adam's Khoo strategies, and also I extend it with different algorithms (by default its RSI).
Also my suggestion is to combine CSM with your strategies. You should find the bests setups according to your strategies at history data. Use history line in CSM to target it to founded strategy setup and then you should collect data from CMS. Do this for 10-20 strategy setups. In that way you have good statistical data for your strategies with CSM. Analyse your statistics to get knowledge which CSM values is the best to your strategy. And at the future as you'll see  potential entry setup watch to CMS. It should have about the same values as in your statistic. If so take this trade if not skip this entry setup and go to find new entry setups.

2. And how about the Activations left: 5 of 5? It will be followed by my MQL5 account or my computer?

Here what MQL says about this:

"During the activation, your software product is bound to the buyer's hardware, so that the copy of the application cannot work on another PC. The application should be re-activated and downloaded again in order to launch it on another computer. This mechanism is designed to protect your application from unauthorized copying. If the activation limit is exceeded, the buyer will have to purchase the product again."

As I understand activation count is number of different computers where your can run indicator.

3. Finally, Please help me if I have issue when using the indicator and notice to customer as me if you have new version!

As I'll develop new version of indicator you'll get notification from MQL in this MQL messenger (messenger where you are reading this message).

Also you can add me to your friends and you will be able to get notifications from all of my activities at MQL portal.


If you find any problems, bugs or ideas how to improve this indicator please let me know. And I'll make new updates.

Thanks and   Take profit!
Emmanuel Monday Inyang  

I have paid for the currency meter but unable to install it on my MT4. Please i need help.


regards,

Emmanuel

ALEKSANDR SHUKALOVICH  
Emmanuel Inyang:

I have paid for the currency meter but unable to install it on my MT4. Please i need help.


regards,

Emmanuel


Hello, 


Try to read this article before https://www.mql5.com/en/articles/498. If it will not be helpful please ping me.

Dollarbill99  

Alexander,

simple question:

I rented your tool for 1 month, if i buy the full version now, do i get a discount (the 10$ already paid for renting)?

thanks

ALEKSANDR SHUKALOVICH  
Dollarbill99:

Alexander,

simple question:

I rented your tool for 1 month, if i buy the full version now, do i get a discount (the 10$ already paid for renting)?

thanks


Hi, i haven't tested that case. But I think MQL5 community doesn't provide such kind of feature.

ALEKSANDR SHUKALOVICH  

New Version 1.20 of  Currency Strength Meter Pro for MT4 includes list of improvements:

   1) Added auto detection of symbols suffix.


   2) Restore dashboard state when change chart symbol, timeframe, reconnection to the server and changing indicator properties.

   3) Added highlighting of graph lines for current chart instruments.


   4) Added scale ration parameter for RSI algorithm.

   5) Fixed showing of graph lines if selected "Chart Symbols" for "Symbol Type" property.


Take profit!

lampaal  

Hi Alexander,

I bought your CSM an hour ago - most impressive. I do understand that the license can only be utilized on 1 computer - which I don't have a problem with.

Without realizing, I bought your CSM from a demo account. I want to install CSM on my live account which is held at a different broker.

It seems it will only install on the terminal it was bought from? If I click on the "Install on the terminal" it opens the demo account to install ........

How do I install on my live account?

Regards

Paul

lampaal  
Could you kindly reply to the e-mail below?
lampaal:

Hi Alexander,

I bought your CSM an hour ago - most impressive. I do understand that the license can only be utilized on 1 computer - which I don't have a problem with.

Without realizing, I bought your CSM from a demo account. I want to install CSM on my live account which is held at a different broker.

It seems it will only install on the terminal it was bought from? If I click on the "Install on the terminal" it opens the demo account to install ........

How do I install on my live account?

Regards

Paul

ALEKSANDR SHUKALOVICH  
lampaal:

Hi Alexander,

I bought your CSM an hour ago - most impressive. I do understand that the license can only be utilized on 1 computer - which I don't have a problem with.

Without realizing, I bought your CSM from a demo account. I want to install CSM on my live account which is held at a different broker.

It seems it will only install on the terminal it was bought from? If I click on the "Install on the terminal" it opens the demo account to install ........

How do I install on my live account?

Regards

Paul

Hi, thanks for using my products.


You have 5 activations. That's mean you can install indicator on 5 different computers. At the same computer you can use it unlimited times on different terminals. You can copy indicator file from one MT4 to another MT4 terminal. Watch this video to know hot to copy indicator to MT4:

 

lampaal  
Thax a lot
ALEKSANDR SHUKALOVICH:

Hi, thanks for using my products.


You have 5 activations. That's mean you can install indicator on 5 different computers. At the same computer you can use it unlimited times on different terminals. You can copy indicator file from one MT4 to another MT4 terminal. Watch this video to know hot to copy indicator to MT4:

 

aw1977  

Hi,

1. I'd like to get alert, when a currency in M15,M30,H1 & H4 all above 70, or all below 30....What would be the command line ?

2. I think it is good to have option about refresh rate...for example refresh rate = 60 ; then all data refreshed only every 60 seconds

Thank you

ALEKSANDR SHUKALOVICH  

Hi, 


Thanks for using  Currency Strength Meter Pro for MT4 indicator.


Answer:

2. I think it is good to have option about refresh rate...for example refresh rate = 60 ; then all data refreshed only every 60 seconds

There is such kind of option with name "Latency"

Latency

By default is set to 5. It's means that every 5 second all indicator data are updated.


1. I'd like to get alert, when a currency in M15,M30,H1 & H4 all above 70, or all below 30....What would be the command line ?


Currently it's possible to do this for one timeframe period only (Not for bunch of them). 

I'll add this feature at next release which will come very soon. Thank for this feature request. It helps to improve the indicator.

ALEKSANDR SHUKALOVICH  
aw1977:

Hi,

1. I'd like to get alert, when a currency in M15,M30,H1 & H4 all above 70, or all below 30....What would be the command line ?

2. I think it is good to have option about refresh rate...for example refresh rate = 60 ; then all data refreshed only every 60 seconds

Thank you

Hi, 


Thanks for using  Currency Strength Meter Pro for MT4 indicator.


Answer:

2. I think it is good to have option about refresh rate...for example refresh rate = 60 ; then all data refreshed only every 60 seconds

There is such kind of option with name "Latency"

Latency

By default is set to 5. It's means that every 5 second all indicator data are updated.


1. I'd like to get alert, when a currency in M15,M30,H1 & H4 all above 70, or all below 30....What would be the command line ?


Currently it's possible to do this for one timeframe period only (Not for bunch of them). 

I'll add this feature at next release which will come very soon. Thank for this feature request. It helps to improve the indicator.

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