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Pro Currency Strength Meter

5

Currency Strength Meters are a great way to identify strong and weak currencies.

With this CSM indicator attached to your chart, you will get a clear overlook over the 8 major currencies: USD, EUR, JPY, CAD, CHF, GBP, AUD, and NZD.


Suggested timeframes to scan is:

M15 - H1 - H4 - Daily 

You can however just change timeframe to check in the settings. Bear in mind that scanning very low timeframes such as M1 will require a lot of resources and might make your mt4 terminal slow. 


The strength scale goes from 0 - 100 and by default we consider: 

Strong: Currencies with a strength number higher than 60 (Colored green)

Neutral: Currencies between 40 and 60 (Colored yellow)

Weak: Currencies with a strength number lower than 40 (Colored pink)


Note: You can change the color criteria if you want to define strong and weak currencies differently than the default settings.  


If you want CSM numbers to be close to Adam Khoos numbers make sure you set "Triangular weightning" TRUE in the settings



Bewertungen 4
Trevin Chew
23
Trevin Chew 2021.02.16 06:15 
 

I'd say this indicator help me so much to enhance my trade qualities, And Seller is also very kind&helpful in responding to all my doubs&questions as well. Fantastic tools I've seen so far. Really good for trading. 10 stars~

Stuart Hughes
110
Stuart Hughes 2020.12.11 02:10 
 

Excellent CSM. Displays multiple time frame currency strength very clearly. I have been using it for a while now and find it very useful and accurate in deciding pairs to trade. Seller is very pro active and offers excellent support and follow up after purchase. I have given it a 5 star rating and i would recommend it to any currency trader.

Wee
72
Wee 2020.09.22 16:57 
 

Great Currency Strength Meter (CSM). Helps me a lot to identify the strong and weak currencies. Love the way it is presented. Compared this CSM values with few other CSMs and this CSM gives values accurately for me to find the best pairs to trade. Seller is very helpful in responding to my questions. Great CSM and would recommend it to anyone and would like to give a 5 star rating for this CSM. Great CSM and thanks for making it available.

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Natürlich, hier ist die Übersetzung in Deutsch: Vorstellung des Astronomie-Indikators für MT4: Dein ultimativer himmlischer Trading-Begleiter Bist du bereit, deine Trading-Erfahrung auf himmlische Höhen zu heben? Suche nicht weiter als unseren revolutionären Astronomie-Indikator für MT4. Dieses innovative Tool übertrifft herkömmliche Trading-Indikatoren und nutzt komplexe Algorithmen, um dir unvergleichliche astronomische Einblicke und präzise Berechnungen zu bieten. Ein Universum an Information
Ultimate Sniper Dashboard
Hispraise Chinedum Abraham
4.82 (22)
Indikatoren
Ermäßigt auf $299! Die Preise können in Zukunft steigen! Lesen Sie die Beschreibung unten! Bestes Einstiegssystem für Ultimate Sniper Dashboard: ULTIMATIVE DYNAMISCHE EBENEN. (Bitte überprüfen Sie meine Produkte) Das Ultimate Sniper Dashboard funktioniert NUR auf Live-Märkten aufgrund der MT4 Multicurrency Testlimits. Wir stellen Ihnen das Ultimate-Sniper Dashboard vor! Unser bestes, das sowohl HA-Sniper, MA-Sniper und viele spezielle Modi enthält. Das Ultimate Sniper Dashboard ist ein
TPA True Price Action MT4 Indicator
InvestSoft
4.29 (77)
Indikatoren
Der Forex TPA Indikator deckt die wahren Aktionen der Marktmacher auf, immer dann wenn sie passieren. "Kämpfe nicht gegen die Marktmacher an, sondern folge ihnen", ist wohl der beste Rat, den ein Trader bekommen kann. Der TPA Indikator zeigt jedesmal seine Signale an wenn die Bullen definitiv stärker sind als die Bären und umgekehrt. Dieser Indikator wurde VON Tradern FÜR Trader gemacht und ist 100% NICHT NACHZEICHNEND! Signale werden STRENG am Schluss einer Kerze  generiert. Das sagen unsere Ku
Channel Cluster
Vitalyi Belyh
5 (1)
Indikatoren
Cluster indicator working in the price channel. For operation, the indicator builds a channel line - (dashed line). Inside the channel, cluster sections are determined that determine the direction of the price movement - (histograms in two directions), start with large arrows. Small arrows are plotted above / below each histogram - indicator increase volatility. The indicator does not redraw the values. Works on any tools and timeframes. Entrances are made when large arrows appear, inside s
Moving Pivot Average Fibonacci
Daifallah Alamri
Indikatoren
Moving pivot Average Fibonacci The  indicator compares the selected period with its counterpart from the previous period. The indicator determines the moving Fibonacci levels for the day or any time interval to assess the price movement range from the time average. The indicator helps predict the expected high or low for the day based on historical time data. The pivot line can be considered an average trend line and use it in a variety of trading strategies. If you have any question about t
Connect Indicator
Sukunthakan Ngernbamrung
Indikatoren
Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
TrendMaestro
Stefano Frisetti
5 (3)
Indikatoren
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
ECM Channel MT4
Paulo Rocha
Indikatoren
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Fractal Pattern Scanner MT4
Young Ho Seo
5 (2)
Indikatoren
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
Dragon Multi Indicator MT4
Mansour Babasafary
5 (4)
Indikatoren
3 Indicators in 1 indicator Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This indicator is basically 3 different indicatos . But we have combined these 3 indicators in 1 indicator so that you can use 3 indicators at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : No repaintin
Transaction Speed
Ivan Stefanov
Indikatoren
Der TRANSACTION SPEED ist der hochwertigste Indikator, der anzeigt, wo und wann sich große Aufträge auf dem Markt ansammeln und welche Vorteile dies mit sich bringt. Er erkennt Trendänderungen in einem sehr frühen Stadium. Er ist gleichzeitig ein Indikator und ein Handelssystem. Das Konzept ist einzigartig und unglaublich profitabel. Im Devisenhandel wird das Tick-Volumen irreführenderweise als Volumen bezeichnet. In Wirklichkeit handelt es sich um die Preisveränderung pro Zeiteinheit, was de
Quantum Currency Matrix Indicator
QUANTUM TRADING SOFTWARE LIMITED
Indikatoren
Of all the four principle capital markets, the world of foreign exchange trading is the most complex and most difficult to master, unless of course you have the right tools! The reason for this complexity is not hard to understand. First currencies are traded in pairs. Each position is a judgment of the forces driving two independent markets. If the GBP/USD for example is bullish, is this being driven by strength in the pound, or weakness in the US dollar. Imagine if we had to do the same thing
Weitere Produkte dieses Autors
Moving Average Trend Scanner
Oystein Knudsen
5 (1)
Indikatoren
This is a brand new trend scanner for all of us that love to use different kinds of moving averages to define a trending market. This scanner is very useful and saves you a lot of time when you want to look for trending markets.  In the scanner, you can choose to either use two different moving averages or three when defining a trend. Some like to use f. ex. the 50 EMA and the 200 EMA. If 50 is below 200 they will consider it a downtrend.  Others like to use three moving averages. This can be e.
One Click Strategy
Oystein Knudsen
Utilitys
One-Click Strategy One-Click Strategy is designed to make your life easier when placing trades. It is suited to be used with common strategies where you place your stop loss over the recent high or below the recent low. This is very common when you trade support and resistance for a bounce or break out.  Want to sell or buy? Press "sell" or "buy" and the SL is placed above/below the recent high/low with a target of your choice. Lot size is calculated based on your settings. Taking trades tak
Auswahl:
chinedu Aligekwe
131
chinedu Aligekwe 2021.08.02 03:27 
 

Please I added the indicator to my live chart and I can't see it, I am doing something wrong?

Trevin Chew
23
Trevin Chew 2021.02.16 06:15 
 

I'd say this indicator help me so much to enhance my trade qualities, And Seller is also very kind&helpful in responding to all my doubs&questions as well. Fantastic tools I've seen so far. Really good for trading. 10 stars~

Stuart Hughes
110
Stuart Hughes 2020.12.11 02:10 
 

Excellent CSM. Displays multiple time frame currency strength very clearly. I have been using it for a while now and find it very useful and accurate in deciding pairs to trade. Seller is very pro active and offers excellent support and follow up after purchase. I have given it a 5 star rating and i would recommend it to any currency trader.

Wee
72
Wee 2020.09.22 16:57 
 

Great Currency Strength Meter (CSM). Helps me a lot to identify the strong and weak currencies. Love the way it is presented. Compared this CSM values with few other CSMs and this CSM gives values accurately for me to find the best pairs to trade. Seller is very helpful in responding to my questions. Great CSM and would recommend it to anyone and would like to give a 5 star rating for this CSM. Great CSM and thanks for making it available.

Antwort auf eine Rezension
Version 1.1 2020.09.15
Just made the values from the CSM open so it can be read off by other programs like scanners for those who use it.