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Best Currency Strength Indicator

149 USD

Demo heruntergeladen: 4 654

Veröffentlicht: 18 Dezember 2018

Aktuelle Version: 4.2

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Neue Funktionen

Best Currency Strength Indicator

Name: Best Currency Strength Indicator
Price: 149.00 USD
Rating: 4.5869565 (46 reviews)
Author: Tumelo Patrick Rakotsoane

4.59

Indikatoren
Tumelo Patrick Rakotsoane
Version: 4.2
Aktualisiert: 8 Mai 2020
Aktivierungen: 20

Advanced Currency Strength Indicator

The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes, but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute).

This indicator is very powerful because it reveals the true movements of the market. It is highly recommended to analyze charts knowing the performance of individual currencies or the countries economies. The indicator will reveal the country's economic performance by analyzing the strength of the country's currency on a daily/weekly/monthly basis. It can also be used for news events (Fundamentals), even if you don't have time to keep up with the news... The indicator does all the work for you by calculating the strength of the country's currency. This will give you an edge in the market because you'll know which currencies are best to trade at that moment. Buy strong currencies and sell weak currencies (Diverging currencies).

This strategy is even used by the Banks to make profits. They take a strong currency and pitch against a weak currency.

Special Unique Features

1. No more spending hours analyzing all charts. Analyze the Forex Market in 1 window (1 minute).

2. Choose any custom time you want to start calculating currency strength.

3. Get signals directly to your phone anywhere you are.

4. Be notified when there's a new signal by turning on Alerts.

5. Currency Strength Meter Dashboard (showing all the values, dates, time and connection speed in milliseconds).

6. Multi-Timeframe Currency Strength Dashboard (Calculated across all timeframes).

7. 28 FOREX pairs + Gold + Silver + 5 additional pairs of your choice (Stocks, CFD's, Crypto Currencies, Indexes or any chart).

8. Special period separators (showing months, days and times)

9. Signals in a chart (Arrows showing all signal entry points in a chart).

10. Multiple options to choose how to calculate currency strength (Anytime, date or number of candlesticks).

11. Support for Any broker symbol names (Prefix and Suffix).

12. Divergence Arrows indicating diverging currencies.

13. The ability to Focus only in 1 chart (e.g. showing only 2 lines, excludes all other currencies).

14. More features will be explained in the Indicator Parameters and the video.

Every day, Currencies diverge from each other. The indicator uses built-in algorithms to identify the very beginning of a trend when currencies start to diverge from each other and will immediately alert you or send signals to your phone. It uses real price quotes for calculations (Not lagging). You can choose any timeframe you want to trade and there are various options for each timeframe.

Tip:

When you activate "Focus only in this chart" parameter, drag and drop any chart to show only 2 lines for each currency in a chart.

Indicator Parameters:

Prefix - Symbol prefix.
Suffix - Symbol suffix.
UPPERCASE_or_lowercase - Most brokers have symbols in uppercase letters.
Trading_Strategy - Choose the trading strategy.
Maximum_Number_of_Bars_for_Calculations - The maximum number of bars the indicator will stop calculating at.

Day Traders

Start_From_Hour - Choose an hour to start from.
Start_From_Minute - Choose any minute to start from.

This indicator is also suitable for long-term traders. There are 2 (two) options.

Start from a specified date and time.
Start from a certain number of bars/candlesticks.

There are 2 (two) types of dashboards.

The first one shows the values of all currencies.
The Multi-Timeframe dashboard shows the strength of each currency across all timeframes.

The indicator has a special period separator which makes it easier to identify days and time when analyzing a chart.
Enable 'Alerts' to be notified when the indicator identifies a trend and it will play an alert sound (Wave sound file).
Send signals directly to my phone - Signals sent to your phone.
Customize the look of the indicator by changing colors.

All you have to do is spot diverging currencies and trade them. Simple!

More will be explained or clarified in the video, make sure you watch the video using PC browser...

And also check the latest comments in the comments section for examples on how to use it (Use an internet browser to access comments).

mehr...

205

moyaping 2024.07.29 09:36 #

Please send manual to me for my study. Thanks.

fx5731 2023.01.10 02:42 #

This is an excellent currency strength meter which allows me to choose the best currency pair to trade. I use my own forex strategy after selecting the pair to trade. I'm impressed with the accuracy of this indicator. The indicator also helps me find profitable trades on Gold.

304

Domdv 2022.07.13 17:05 #

Bonjour, Je viens d'acheter votre indicateur, mais c'est un peu compliqué, je me demande si vous pouvez me donner un manuel qui peut se traduire en français

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The Volume by Price Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, positio

259.95 USD

Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display medium and long-term trends . The

159 USD

Derzeit 20% reduziert! Dieses Dashboard ist eine sehr leistungsfähige Software, die mit mehreren Symbolen und bis zu 9 Zeitrahmen arbeitet. Es basiert auf unserem Hauptindikator (Beste Bewertungen: Advanced Supply Demand ). Das Dashboard gibt einen guten Überblick. Es zeigt: Gefilterte Angebots- und Nachfragewerte einschließlich der Zonenstärkebewertung, Pips-Abstände zu/und innerhalb von Zonen, Es hebt verschachtelte Zonen hervor, Es gibt 4 Arten von Alarmen für die gewählten Symbole in

199 USD

Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool. However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal Sniper Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i

150 USD

REMINDER: Early buyers hot price discount: Price subject to rise after first 20 copies. Starting price $65 and final price will be $1275. Secure your discounted copy Now! Smart Money Analyser Indicator User Manual 1. Introduction Welcome to the Smart Money Analyser Indicator This powerful tool provides traders with comprehensive market analysis by combining various technical indicators to generate actionable trading signals. Designed to be user-friendly, this indicator helps traders of a

175 USD

Introducing the South African Sniper indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with BUY and SELL (SNIPER ENTRY) signals with TARGET and trail stops. The indicator Works with all MT4 trading instruments. The indicator uses previous chart data as receipt to speculate on future market moves.

200 USD

MT4-Erkennungsanzeige für Auftragsblöcke mit mehreren Zeitrahmen. Eigenschaften - Vollständig anpassbar auf dem Diagrammbedienfeld, bietet vollständige Interaktion. - Verstecken und zeigen Sie das Bedienfeld, wo immer Sie möchten. - Erkennen Sie OBs in mehreren Zeiträumen. - Wählen Sie die anzuzeigende OB-Menge aus. - Verschiedene OBs Benutzeroberfläche. - Verschiedene Filter an OBs. - OB-Näherungsalarm. - ADR High- und Low-Leitungen. - Benachrichtigungsdienst (Bildschirmwar

200 USD

Trading Session Advanced This indicator was designed to indicate trading sessions in a chart. It draws boxes for each trading session in different colours. Trading Sessions: - London Session - New York Session - Tokyo Session - Sydney Session Some currencies are best traded during certain trading sessions. - EUR, GBP & CHF currencies have high volatility during London session. - USD & CAD currencies have high volatility during New York session. - AUD, NZD & JPY currencies have high volatili

30 USD

Auswahl:

205

moyaping 2024.07.29 09:36 #

Please send manual to me for my study. Thanks.

jahlukes 2023.06.03 11:03 #

how do I receive alerts to my phone?

fx5731 2023.01.10 02:42 #

1039

Grace-FX 2022.11.15 14:11 #

This product was rated among the best on mql5 when I purchased it. I wonder how mql5 rates products on the market. To me this is simply just another over-rated and over-priced product.

304

Domdv 2022.07.13 17:05 #

Bonjour, Je viens d'acheter votre indicateur, mais c'est un peu compliqué, je me demande si vous pouvez me donner un manuel qui peut se traduire en français

caiyaoxuan 2022.05.16 09:43 #

Der Benutzer hat keinen Kommentar hinterlassen

7468

Antwort vom Entwickler Tumelo Patrick Rakotsoane 2022.05.16 09:50 #

Hi, please check your private messages.

5762

Tim Eubanks 2022.03.25 21:09 #

Very fancy indicator, after gaining understanding of the indicator it has become helpful with information in the trade!

356

clausejmbm123 2022.02.04 12:18 #

Real great indicator. I have been profiting a lot.

Xunta 2022.01.23 06:07 #

Please send manual to me for my study. Thanks.

470

redneedle 2022.01.21 17:37 #

Der Benutzer hat keinen Kommentar hinterlassen

127

abdurais8891 2021.11.07 14:38 #

very good indicator..very accurate..thanks

466

Shelwin Nesbitt 2021.08.28 06:57 #

Very good indicator. You wont waste time in bad trades.

miyyako 2021.06.28 15:47 #

Der Benutzer hat keinen Kommentar hinterlassen

7468

Antwort vom Entwickler Tumelo Patrick Rakotsoane 2021.06.28 22:51 #

Hi, I replied via email. Please check your emails, thank you :)

263

gevans49 2021.06.14 00:19 #

I just had this indicator installed only a week, and I must say that this system was well thought out. The author like everyone has stated is very responsive/helpful.

Echezonachukwu Okeke 2021.06.01 19:53 #

good and i like it, i sent you text on mql5 chat for the manual.

Update. I have received the manual and never get a loss in my trades

161

ubirock 2021.05.25 16:31 #

if you think that this indicator is a magic don't but it

arunjagadesh 2021.04.30 19:18 #

Data is changing when pair changes

liakot ali 2021.04.17 19:51 #

I can't seem to get this indicator working can I get some help

7468

Antwort vom Entwickler Tumelo Patrick Rakotsoane 2021.04.18 00:58 #

I sent you PM... Check your messages...

tradernuevo 2021.04.15 19:05 #

Hello there ! 1) How can I add new currency pais like USD /CNH or other pairs ? 2) Is there an general update available ?

Crakenhara 2021.04.11 07:16 #

Excelente indicador!

1 2 3

Version 4.2 2020.05.08

- Fixed Indicator sometimes not working during weekends...

Version 4.1 2020.04.08

- Minor improvements in some calculations
- Draw Divergence arrows in sub window

Version 4.0 2020.04.01

- Minor Improvements

Version 3.9 2020.03.28

- Change colours for pending orders (Risk Reward Ratio).

Version 3.8 2020.02.29

New update!
-> Fixed the indicator sometimes not displaying currency strength lines during the weekends.

Version 3.7 2020.02.27

-> Small improvements regarding currency lines labels...

Version 3.6 2020.01.03

- Minor improvements in risk management calculations

Version 3.5 2019.12.09

- Small improvements

Version 3.4 2019.11.28

- Minor improvements

Version 3.3 2019.11.28

- Minor improvements in some calculations...

Version 3.2 2019.09.24

New Update!

- The indicator can now draw smooth lines using the average price.
(The default value/period is 5. But, you can change the smoothness however you like...).
Scroll down from the top in settings and you'll find the parameter...

- Fixed indicator sending alerts in-between time intervals.
- Minor improvements in risk management calculations for accounts that use currencies other than USD.)

Version 3.1 2019.08.21

- Minor Improvements for EXOTIC pairs.

Version 3.0 2019.08.21

- Just a quick fix [H4 timeframe crashing after I updated to version 2.9]
(It was a minor problem, it's fixed now!) [version 3.0]

Version 2.9 2019.08.21

New Update!

- Minor Improvements in some calculations...

Version 2.8 2019.08.20

New Update!

- Added risk-reward ratio in the chart for open and pending orders.
You can also draw it your self. Specify open price, sl, tp and lot size etc...

- Added "X" for potential turning points in the chart. If the base/quote currecy is over bought/sold. The indicator will draw 'X', indicating that the market might start turning around [Its a warning for potential turning point]. The colour of 'X' will indicate which currency is over bought/sold.

Version 2.7 2019.08.19

New Update!

- Fixed Indicator sometimes crashing when opening in W1 or MN timeframes.
- Fixed Indicator sometimes crashing when opening in Gold M1 & M5 timeframes.

I'm working on more of the requests you guys sent me. I'll update in few days...
-> If you haven't contacted me for more information regarding the indicator and how to use it, then, contact me via email.
-> And if you need any assistance in setting up the indicator or Red text/message on your screen, you may contact me as well...
---[ More updates coming up ]---

Version 2.6 2019.08.06

New update!

- Added notifications for divergence signals as another option.
- Signals will only be sent after the candle closed (Reduced number of signals)
- Added the ability to filter signals:
(You can choose to receive signals only for a certain currency or currency pairs list you want to focus on)
(Enable 'Filter_Signals' -> 'Yes') and choose how would you like to receive signals for which pairs...
+ Minor improvements...

Version 2.5 2019.04.21

New update!

The indicator has two (2) types of strategies programmed.
- Strategy 1: Day Trading / Short term trading. [Option 1 in settings]
- Strategy 2: Long Term trading (Higher timeframes. [Option 2 & 3 in settings]

Strategy 1 - is all about trading diverging currencies for a short/limited period of time.

Strategy 2 - is about trading long term trend. This strategy uses a period for calculations. You can change the period to any number in settings. The default period is set to 20.

The indicator is suitable for short term and long term traders.

For more insight, scroll through the comments and check comment no. 40 (#40).

Version 2.4 2019.04.16

New update!

- The indicator now colours candles to identify the trend based on currency strength calculations.
- When the market is going up, the candles will be coloured in green.
- When the market is going down, the candles will be coloured in red.
You can change to any colour you like...

Imoprtant:
- Right click the chart and go to properties -> common.
- Uncheck the box "Chart on foreground"

--->>> Make sure to uncheck the box "Chart on foreground" in properties/common to be able to see coloured candles.

Version 2.3 2019.04.15

New update!

- The indicator now displays all types of signals in 1 window.

Tip:
- You don't have to wait for signals.
-> You can enter the market anytime using "CSM Multi-timeframe" dashboard.
This dashboard was designed to tell you which currencies you should be trading at that moment.
It calculates across all timeframes and will tell if the currency is appreciating/depreciating.

Example:
- if GBP is strong (+0.235%) and USD is weak (-0.133%). (Choose any currency which is strong against weak currency).
Since GBP is strong, check "CSM Multi-timeframe" dashboard if GBP is further appreciating/getting stronger on multiple timeframes.
And also check if USD is further depreciating/getting weaker.
In that case, its a good time to enter the market, as long as they are diverging from each other.

The indicator will tell you which ones are appreciating or depreciating.

Remember - If you're buying "EURUSD" currency pair, That means you're:
- Buying EUR currency (Base currency)
- Simultaneously selling USD currency. (Quote currency)

Understand the relationship between Base currency and Quote currency.

Version 2.2 2019.04.15

New update!

- Removed the small breakout alert bug!

Version 2.1 2019.03.26

Disabled Alerts for level breakout, the alert bug will be fixed on the next update.

Version 2.0 2019.03.24

New Update!

- The indicator now displays numbers below currency labels indicating whether a currency is overbought or oversold.
(Above +80 = Over bought | Below -20 = Over sold)
When the value increases, it will be a positive number (e.g +66.25), and when the value is decreasing, it will be a negative number (e.g -33.21)

Tip: When a currency is overbought, it is more likely to start depreciating or lose strength.
When a currency is oversold, it is more likely to start appreciating or gain strength.
This is very important because it will also help to time your trades...
-> For a strong currency, trade when the value is increasing/positive.
-> For a weak currency, trade when the value is decreasing/negative.
Trade diverging currencies...

Version 1.9 2019.03.18

New update!

- Add up to 3 levels targeting currencies that are breaking out of each level.
- The indicator will alert you or send a notification to your phone when strong/weak currencies break out of each level specified by you.
> This will make it easier to target which currencies are moving or strongly trending.

Version 1.7 2019.02.24

New update!

- The multi-timeframe dashboard now has a Multi-Timeframe currency trend analysis. (This will make it easier to spot trending currencies and reversing currencies...)
- Plus other improvements as well...

Enjoy! :)

Version 1.6 2019.02.05

New update!

- The indicator now displays divergence arrows in a window.
- Added currency status comment.
- Added more trading sessions options.

Version 1.5 2019.01.30

New update!
- Modified a few things in Risk Management calculations...

Version 1.4 2019.01.28

New update with new features!

New Features:
- CSM Multi-timeframe now has confirmation boxes to confirm appreciation or depreciation of a currency.
If a currency is reversing, the text in multi-timeframe will be written in red colour.
- Account Information dashboard. This dashboard will display your account leverage, balance, equity, margin (%), free margin (%), floating profit (%), net profit for a specified period, the amount you're risking and targeting, risk-reward ratio calculation, the total number of orders running.
It will calculate the lot size you should use to only risk a certain percentage of your account depending on where you want to place your stop loss.
- Trading Sessions > it will indicate (draw boxes) each trading session in a chart.
- It will calculate the range (in pips) of each period.

Version 1.3 2018.12.26

New Update!

The code is restructured to prevent any type of crashing during testing and live chart. It was tested before publishing.

New features:
- Send a text message to your phone just for testing. You can type any message and see if you'll be able to receive it on your phone. You need to test so that you know for sure you'll be able to receive $ignals directly to your phone. Watch the video to learn how you can activate it.
Please note! this does not work during testing... only in a live chart.

If there's any problem, go to my main page to see my contact details and don't hesitate to contact me...
Enjoy!!! :)

Version 1.2 2018.12.26

The reason the chart is empty or does not display data is that this indicator is a multi-timeframe indicator and needs all data to make calculations.

Follow instructions:
1. The indicator needs data (M1,M5,M15,M30,H1,H4,D1,W1,MN) for all 28 FOREX pairs + Gold + Silver.
- All timeframes MUST have data. Remember, when you open a new empty chart, after few seconds, it shows candlesticks. That means MT4 has downloaded data for that chart & timeframe. You need to cycle through all timeframes for all pairs. And then when you're done, RESTART MT4 (Close it to save info and open it again).

2. Check Symbol names for GOLD/XAUUSD and SILVER/XAGUSD in settings.
- Change those symbol names to the one your broker supports. Also, check Prefix and Suffix.

Without data, there's nothing to calculate. MT4 is an older version. MT5 is more advanced.
If all instructions are followed and all data is downloaded and saved. The indicator WILL WORK.
My other clients are using it without any problem...
ENJOY!!! :)

Version 1.1 2018.12.25

New Update!
- The indicator will explain and tell you what to do when the window is empty or doesn't display anything... :)