• 概述
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TMA Currency Meter

TMA Currency Meter is the ultimate currency meter. Based on the Triangular Moving Average of all available symbols, this indicator shows which currencies are strong, strengthening, weak or weakening. Experienced as well as novice traders will see the strong and weak currencies in the blink of an eye, and know which trade possibilities to explore further.

TMA Currency Meter is a true Multi Timeframe indicator. It is easy to show the currency strengths for a higher timeframe than the chart timeframe.

The real power of this indicator shows when it is set to display only the currencies of the chart the indicator is attached to. It will show buy and sell signals, as well as the up or down trend.

An earlier version of TMA Currency Meter is in use by some of the best MT4 traders around. They find this indicator to be a great addition to their trading arsenal.

What can you use TMA Currency Meter for:

  • Find strong and weak currencies
  • Use any timeframe
  • Use any higher timeframe than the chart timeframe
  • Show buy and sell signals
  • Show up and down trends
  • Show currency crosses
  • Show strong, weak or normal crosses


Settings

The settings of TMA Currency Meter can be intimidating. Keep experimenting, there is nothing to break.

  • Use major symbols from Market Watch window? - set to true to calculate all the symbols in your Market Watch window.
  • Symbols to use: - comma delimited list of symbols if preceding setting is false.
  • Calculate chart symbol only? - set to true if you want to calculate the chart symbol only. (Seldom used, it defeats the purpose of the indicator.)
  • Monospaced font to use: - set to your favorite font for the currency table, monospaced is best.
  • Add Sunday candles to Monday: - set to true if your broker has Sunday candles.
  • Show chart symbol only? - set to true if you want to unlock signals for the current symbol.
  • Use chart timeframe? - set to true if you want to show currency values for the chart timeframe.
  • Timeframe to use: - select the timeframe to calculate the values to, must be the current timeframe or higher.
  • Smooth results? - show a pretty picture, and yes, this repaints if set to true.
  • Show table with current values? - set to true to show a table. Auto will hide the table if you scroll backwards in history.
  • Show alerts for crosses? - set to true to show strong, weak or normal strength crosses in the currency table.
  • Difference threshold - set to the difference between the two strengths of the currencies of the current symbol to show the up or down trend.
  • Currency names - set individual currencies to true if you want to show them.
  • Colo(u)rs - you know what to do.

If in doubt, start with the default options. Next option to try is 'Show chart symbol only?'

Caution! TMA Currency Meter crunches numbers for the history of all your symbols. It is resource hungry and can put a dent in the performance of your trading station. That said, any not-too-old PC will do.

 

Loose Ends

If you run in any problems, try to load some history for all your symbols before dropping TMA Currency Meter on your chart. 

Do not hesitate to contact me. Let me know what you think of TMA Currency Meter. Only with your help, I can create better tools for MT4.
Aravind
957
2015.11.14 21:58 
 

I do not know what type of alerts it supports because for the combinations I use I never saw any alert working. Also I do not see the color coding on the main chart.

I use it as supplementary indicator for confirmation.