• Overview
  • Reviews (4)
  • Comments (9)

Multi Currency True Strength

5

Are you a day/week/month trader, or even a quick scalper? MCTS will show you the best trending currencies to trade on any timeframe.

By using a unique algorithm MCTS measures the strengths of individual currencies and then combines them into pairs to show you the best pairs to trade.

Monitor all 8 major currencies and all 28 pairs.

Monitors the strengths of the following currencies: EUR, USD, GBP, JPY, AUD, NZD, CHF, CAD.

Measure the true strength of a currency on any timeframe.

Know which currency is trending up or down.


Technical

This indicator shows multiple individual currency strengths as measured against all the other currencies from a starting point which is the timeframe. It measures the price movements of the applied chart currency pair comparing the base and counter currency occurring in all the other base/counter currencies and shows the strength movements.

The strength of the currency is measured from a starting point (timeframe) until the next staring point (timeframe).


Features

  • single or all currencies graph
  • change timeframe
  • histogram function on single currency pair
  • automatic highlight of currency on currency chart
  • automatic sorting of best up trending currency pairs with spread
  • automatic sorting of best down trending currency pairs with spread
  • easily change displayed currency pairs by clicking on the indicator
  • meter sidebar showing the values of each of the 8 majors


Inputs

  • dif - This is the strength difference to put a arrow on the chart
  • timeframe - drop-down: choose any timeframe
  • width - the line thickness
  • font_size - drop-down: choose from the drop-down menu the font size
  • type - drop-down: choose from the drop-down menu line or histogram
  • if choosing histogram select 'current_only' to true
  • current_only - drop-down: choose true or false to show all or only current currency
  • Alerts - drop-down: This will put up the alert box and draw the arrows on the chart
  • bars - choose the number of bars to calculate back.
  • suffix - input the currency pair suffix if your broker uses one.
Reviews 4
Aequitas omnia
167
Aequitas omnia 2019.10.02 14:35 
 

Nice Currency Strength indicator. 5 from 5

sunnychow
9051
sunnychow 2019.05.06 17:49 
 

it is good work.

Neil Groom
120
Neil Groom 2017.10.20 01:12 
 

This is the best Currency strength indicator I have ever come across, and I have tried them all.

Id do a screenshot and post it but not sure how. See a screenshot on forexfactory of todays result. I was blown away.

https://www.forexfactory.com/showthread.php?p=10408284#post10408284

Well worth the price. I'm blown away and it takes you away from the usual rubbish of moving averages, RSI etc.

This is the real deal.

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4.64 (36)
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This indicator I use with RENKO and RangeBar candle Discover the Secret to Successful Forex Trading with Our Custom MT4 Indicator! Have you ever wondered how to achieve success in the Forex market, consistently earning profits while minimizing risk? Here is the answer you've been searching for! Allow us to introduce our proprietary MT4 indicator that will revolutionize your approach to trading. Unique Versatility Our indicator is specially designed for users who prefer Renko and Rangebar candle
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Are you tired of having many open charts and watching many different currency pairs? M‌CTSI will monitor the strengths of 56 currency pairs and show you the best pairs to trade, no more guessing which currency is stronger/weaker, no more trading a pair that is not moving positively. This is the BASIC version. MCTSIP is the more advanced version and can be found here: https://www.mql5.com/en/market/product/20994 You may have many charts open trying to determine the best currency pair to trade on
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MCTC is the most advanced multicurrency strength indicator for day trading, that does NOT use moving averages. This versatile strength meter has many settings that can be customized to suit the day traders needs. With up to 12 customization time periods, automatic calculation and graph plotting of previous period high/low values, 2 side meters showing currency strength, pair strength, points movement, points movement from previous periods, percentage, and pressure. Clickable chart for fast switc
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Formateck desk
103
Formateck desk 2020.08.10 08:18 
 

Je ne l'ai pas trouvé fiable sur le 1 mn et 5 mn peut etre est 'il meilleurs sur d'autre bases de temps ? Je ne mets pas d'étoile parce que j'en ai trouvé un meilleurs et très fiable sur les bases de temps de 1 mn et 5 mn currency trength matrix. Je ne fais pas de publicité je ne marque que ce que je trouve de bon et fiable

Aequitas omnia
167
Aequitas omnia 2019.10.02 14:35 
 

Nice Currency Strength indicator. 5 from 5

sunnychow
9051
sunnychow 2019.05.06 17:49 
 

it is good work.

Neil Groom
120
Neil Groom 2017.10.20 01:12 
 

This is the best Currency strength indicator I have ever come across, and I have tried them all.

Id do a screenshot and post it but not sure how. See a screenshot on forexfactory of todays result. I was blown away.

https://www.forexfactory.com/showthread.php?p=10408284#post10408284

Well worth the price. I'm blown away and it takes you away from the usual rubbish of moving averages, RSI etc.

This is the real deal.

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