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Infinite Currency Strength Meter All Pairs MT5

5

Think of the rarest pair you can think of. And I assure you that this indicator can compute it is strength.

This Currency Meter will literally calculate any currency pairs, either it is a major pair, metal, CFD, commodity, cryptocurrency like Bitcoin/BTC or Ethereum/ETH and even stocks. Just name it and you will get it! There is no currency pair this Currency Meter cannot solve. No matter how rare or exotic is that currency, it will always be solved by this Currency meter on a real-time basis. Sounds good, right? Check it out and backtest it, because I really mean it.

All you need to do is name four currencies and let the currency meter do all the calculations. This currency meter also has a very useful specification: just name the currency you want and the meter will scan all the pairs on your MetaTrader 4 and look for the best pair that will fit your currency and all of this is on a real-time basis.

If the currency you named is strong, the currency meter will simply scan all your pairs and look for the weakest currency that could be traded on your currency of choice. And if your Currency is weak, the indicator will scan all your pairs to look for the strongest pair that can be traded with your currency of choice! You can refer to the screenshots below.

So, this is how to use it:

  • TIME_FRAME - Strength Meter works in all timeframes! Just choose timeframe from M1 to MN. *Note: choosing "current" means you choose your current timeframe on your chart.
  • PERIOD - input number of candles you want to choose. *Note: Period "0" means choosing the current candle.
  • First_Currency - name the 1st currency you want to get the strength (case-sensitive).
  • Second_Currency - name the 2nd currency you want to get the strength (case-sensitive).
  • Third_Currency - name the 3rd currency you want to get the strength (case-sensitive).
  • Fourth_Currency - name the 4th currency you want to get the strength (case-sensitive).
  • First_COLOR - color of the 1st currency.
  • Second_COLOR - color of the 2nd currency.
  • Third_COLOR - color of the 3rd currency.
  • Fourth_COLOR - color of the 4th currency.
  • Font_1 - font of objects on the right side of the chart.
  • Font_2 - font of objects on the left side of the chart.
  • ALERT
    • Alert_PAIR - activate alert if there are two currencies going in different directions meaning one is strong, the other one is weak. This would mean that one currency is above 70% and the other one is below 30%.
    • Alert_CURRENCY - activate alert if there is one currency that is strong or weak. Meaning, either it is higher than 70% or lower than 30%.
    • ALERT_OFF - choose if you do not want alerts.
  • Sound_Alert__1 - choose sound alert when a currency is above 70% (ALERT_LEVEL_1_STRONG) or below 30% (ALERT_LEVEL_1_WEAK).
  • Sound_Alert_2 - choose sound alert when a currency is above 90% (ALERT_LEVEL_2_STRONG) or below 10% (ALERT_LEVEL_2_WEAK).
  • ALERT_WHEN_STRONG
  • ALERT_LEVEL_1_STRONG - first level where the currency is getting strong. This should be lower than ALERT_LEVEL_2_STRONG. By default, its value is 70.
  • ALERT_LEVEL_2_STRONG - second level where the currency is getting extremely strong. This should be higher than ALERT_LEVEL_1_STRONG. You will hear a different sound alert here which can be edited on Sound_Alert_1. By default, its value is 90.
  • ALERT_WHEN_WEAK
  • ALERT_LEVEL_1_WEAK - first level where the currency is getting weak. This should be higher than ALERT_LEVEL_2_WEAK. By default, its value is 30.
  • ALERT_LEVEL_2_WEAK - second level where the currency is getting weak. This should be lower than ALERT_LEVEL_1_WEAK. By default, its value is 30.

*NOTE: This is for MetaTrader 5 and the counterpart of my product "All Currency Meter".

Link to the product: https://www.mql5.com/en/market/product/25026

Reviews 1
76773
283
76773 2021.12.24 07:15 
 

Excellent Tool. I use it like a dashboard with all markets inclusive.

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2.83 (6)
Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $60! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd
How many times have you bought a trading indicator with great back-tests, live account performance proof with fantastic numbers and stats all over the place but after using it, you end up blowing your account? You shouldn't trust a signal by itself, you need to know why it appeared in the first place, and that's what RelicusRoad Pro does best! User Manual + Strategies + Training Videos + Private Group with VIP Access + Mobile Version Available A New Way To Look At The Market RelicusRoad is
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(Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone.  Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator whic
Think of the rarest pair you can think of. And I assure you that this indicator can compute it's strength. This Currency Meter will literally calculate any currency pairs, either it is the Major Pairs, Metals, CFD's, Commodities, Crypto Currency like Bitcoin/BTC or Ethereum/ETH and even stocks. Just name it and you will get it! There is no currency pair this Currency Meter can solve. No matter how rare or exotic is that currency, it will always be solved by this Currency meter which on a real-ti
MACD Currency Meter
Emir Revolledo
4.84 (64)
Currently at 33% discount! MACD is one of the most popular momentum and trend indicator. Currency Strength Meter is also a trend indicator which is based on multiple currencies. MACD Currency Strength Meter is a one chart indicator which have the algorithm of MACD and Currency Strength Meter. It also have one-click feature, in which 28 major and minor pairs are shown on your dashboard, by clicking a certain pair, your chart will change automatically to the chart of your choice. Product Adva
Fibonacci Currency Strength Meter (FCSM) Early Access Sale!! This new product is still in the process of adding new features and settings. For early bird buyers. The Price will be 50% Sale. In a few weeks, the product will be done. Go Grab your copy while it's still cheap. More details will be added soon. Things to be added. Alert Levels Mobile and Email Alert From it's name, Fibonacci Currency Strength Meter is a combination of Fibonacci levels and Currency Strength Meter. The plot of Fib
RSi CSM
Emir Revolledo
*NOTE : 40% Discount for early buyers! Release of Free EA will be 2nd week of November Discount is over once FREE EA is available RSi indicator is one of the most popular indicator to point when a certain commodity or Pair is overbought or oversold. Currency Strength Meter is also a trend indicator which is based on multiple currencies. RSi Currency Strength Meter is a one chart indicator which have the algorithm of RSi and Currency Strength Meter. It also have one-click feature, in which 28 m
Advance Currency Meter is a currency meter that detects strong market trends. This indicator is good for scalping, intraday trading and swing trading. The indicator will detect short term to long term market trends. This will give you good insight which currencies are best to trade as of the moment. Note : Kindly contact me before you make any purchases. Works well with my MACD Currency Strength Meter
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76773 2021.12.24 07:15 
 

Excellent Tool. I use it like a dashboard with all markets inclusive.

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Version 2.0 2022.04.07
This is just a simple update, expect another update in few days