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Currency Strength 7

30 USD

Demo downloaded: 55

Published: 6 March 2018

Current version: 1.0

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Currency Strength 7

Indicators
Thushara Dissanayake
Version: 1.0
Activations: 20

The Currency Strength 7 technical indicator is a powerful tool designed to help traders gauge the strength of the seven most popular currencies. By analyzing the strength of AUD, USD, EUR, GBP, JPY, CHF, and CAD, this indicator provides valuable insights into currency dynamics. It represents currency strength on the chart using lines, allowing traders to quickly assess the relative strength of different currencies.

One of the standout features of this indicator is its ability to draw an extended amount of historical data on the chart. This comprehensive historical perspective enables traders to analyze market movements more effectively and make informed trading decisions. With a better understanding of past trends and patterns, traders can enhance their ability to predict future currency movements.

The Currency Strength 7 indicator utilizes Moving Average data to indicate the strength of each currency. It employs the use of "+" and "-" signs to denote strong and weak positions, respectively. This clear visual representation simplifies the interpretation of currency strength signals, allowing traders to quickly assess the market conditions. Moreover, this indicator is compatible with various timeframes, although it is particularly recommended for higher timeframes where its signals can be more reliable.

The indicator offers user friendly parameters, making it easy to customize and adapt to individual trading preferences. Traders have the option to filter signals by adjusting the Moving Average parameters, allowing for further refinement and alignment with specific trading strategies.

To provide a clear visual presentation, the Currency Strength 7 indicator draws its signals on a separate window, ensuring they stand out and do not interfere with other chart elements. This separation enhances the clarity and readability of the indicator's signals, enabling traders to focus on currency strength analysis without distractions.

Lastly, the Currency Strength 7 indicator is characterized by its fast activity. It delivers prompt and responsive results, allowing traders to stay in sync with rapidly changing market conditions and seize timely trading opportunities.

Overall, the Currency Strength 7 technical indicator empowers traders with a comprehensive understanding of currency strength across different currency pairs. With its user friendly parameters, extended historical data, customizable Moving Average filtering, and fast activity, this indicator proves to be an indispensable tool for traders seeking to make informed trading decisions based on currency strength analysis.

Parameters

Moving Average Parameters - Customize Moving Average indicator.
Line Draw Parameters - Customize visual appearance and colors.

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The Pivot Bro technical indicator is a powerful tool designed to identify retracement areas using Pivot, Fibonacci, ATR, and ADR levels. It goes beyond that by also recognizing price action based reversal candlestick patterns . Additionally, the Currency Meter is a valuable companion for assessing the true strength of major currencies. By analyzing 28 currency pairs and displaying their strength on the chart with color changes, it enables traders to make informed decisions on entry and exit poin

This technical indicator automatically identifies and analyzes price action using a variety of Reversal Candlestick Patterns on the chart. It conveniently draws arrow signs along with the corresponding pattern names, making it easy to spot the latest reversal candlestick patterns. With this indicator, you can quickly identify and compare chart analysis with previously identified candle patterns. The indicator includes a range of implemented candlestick patterns, both simple and complex, such as

The Reversal Alert Pro indicator is a powerful tool designed to automatically detect reversal areas in the market. It offers convenient notifications sent directly to your mobile device and displays pop-up alerts with sound. By incorporating this indicator into your trading strategy, you can effectively filter trade positions. Furthermore, the indicator provides the option to utilize CCI, RSI, and Stochastic indicators to further refine the generated signals, enhancing its versatility and applic

The Crossover Action Expert Advisor is an advanced tool designed to automate one of the most popular trading strategies, the M oving Average Crossover Strategy . With its intuitive interface and powerful features, this expert advisor takes the complexity out of manual trading and executes trades automatically based on moving average crossovers. One of the key features of this expert advisor is its proper risk management system, ensuring that trades are executed with appropriate lot sizes and max

The CCI Action Expert Advisor is a powerful tool designed to automate the CCI (Commodity Channel Index) Strategy , allowing traders to capitalize on CCI level touches. With its user friendly settings and robust risk management system, this EA provides a reliable and efficient solution for traders looking to incorporate the CCI indicator into their trading approach. One of the key features of this Expert Advisor is its proper risk management system, which helps traders maintain control over their

The News Robo Expert Advisor is a powerful tool designed to assist news traders in opening pending orders with hidden stop loss during news releases. It offers several features that enhance your trading experience and protect your trades. One of the key features of News Robo is the hidden stop loss, which is ideal for news traders who prefer to conceal their stop loss from market maker brokers. The stop loss is automatically revealed once a profitable position is achieved, allowing you to secure

The RSI Action Expert Advisor is a powerful tool that automates popular RSI (Relative Strength Index) strategies, allowing for efficient and accurate trading. By utilizing overbought and oversold levels, this EA identifies optimal entry points for buy and sell orders. It also offers various signal filtering options to enhance trading precision, including RSI reversal points, pending orders, major trend identification, and Moving Average Crossover signals. Additionally, it incorporates a modern

The Fibo Scalper Pro Expert Advisor is a powerful tool designed to automate popular Fibonacci Trading Strategies . It simplifies the trading process by automatically drawing and adjusting Fibonacci levels on the chart. This feature provides convenience and accuracy for traders who utilize Fibonacci retracements and extensions in their analysis. One of the key features of the Fibo Scalper Pro is its customization facility. It allows professional traders to enable or disable each Fibonacci level

Introducing the TPSL Driver Utility , a powerful tool designed to enhance your trading experience by automating Stop Loss and Take Profit management. This utility caters to every trader who desires seamless order management and advanced profit protection techniques. With the TPSL Driver Utility, you have the flexibility to choose between two modes of order management: Hidden and Visual. The Hidden mode allows you to hide the Take Profit and Stop Loss levels, providing a discreet approach to mana

Introducing the Entry Point , a powerful technical indicator designed to provide Buy/Sell notifications. This indicator analyzes 5 moving averages, CCI, RSI, Stochastic, Bill Williams, and volume indicators across 3 different time frames to generate accurate signals. It offers unlimited customization options for professional traders, allowing them to tailor the indicator based on their experience and strategies. The Entry Point sends signals to users via mobile devices, email, and pop-up alerts

Introducing the Entry Point Dashboard Ultimate , a powerful technical indicator designed to provide Buy/Sell notifications for 6 currency pairs. This indicator analyzes 5 moving averages, CCI, RSI, Stochastic, Bill Williams, and volume indicators across 3 different time frames to generate accurate signals. It offers unlimited customization options for professional traders, allowing them to tailor the indicator based on their experience and strategies. The Entry Point Dashboard Ultimate sends sig

Introducing the Fibo Channels Ultimate technical indicator, a powerful tool designed to revolutionize your Fibonacci trading strategy. With its advanced functionality, this indicator automatically draws all past Fibonacci channels on your chart, saving you time and effort. What sets the Fibo Channels Ultimate apart is its exceptional customization capabilities, allowing professional traders to draw any Fibonacci level they desire. This level of flexibility ensures that you can tailor the indicat

The Crossover Tactics Ultimate Expert Advisor is a powerful tool designed to automate popular Moving Average Crossover Strategies . It excels at identifying optimal entry points based on the intersection of three moving averages, while employing advanced filtering techniques to enhance the reliability of signals. However, what sets this EA apart is its comprehensive trade management system, known as the TPSL Driver Utility algorithm. One of the standout features of this expert advisor is its abi

Introducing the DFP Reconnoiter Ultimate , a technical indicator specifically designed for Daily Fibonacci Pivot Strategy traders. This indicator incorporates standard Fibonacci retracements, daily Pivot levels, Candlestick patterns, ATR and ADR levels to identify reversal and exit areas, resulting in well-timed entries. Key Fibonacci retracement levels of 38.2%, 50.0%, or 61.8% are preferred in conjunction with the daily central pivot. The strategy involves monitoring the Average True Range (AT

The Exit Area Ultimate is a technical indicator designed to enhance trading decisions by indicating the daily Average True Range (ATR) and Average Daily Rate (ADR) levels on the chart. By understanding these levels, traders can easily assess the average movement of an asset throughout the day. This versatile indicator serves multiple purposes for day traders, aiding in order placement, identifying intraday tendencies, setting trailing stop loss levels, and establishing daily take profit levels.

The Level Scanner indicator is a powerful tool designed to automate the identification of Higher and Lower areas on the chart, along with all Support and Resistance levels . It incorporates the use of the Hull Moving Average to provide a clearer and smoother representation of the real trend. This indicator operates with remarkable speed, enabling traders to quickly identify key areas of interest and make more informed trading decisions. One of the standout features of the Level Scanner is its ve

The Infinity Oscillators Ultimate is an all inclusive OSCI-KIT designed to enhance the trading experience for traders utilizing RSI, Stochastic, MACD, CCI, and Volume strategies. With its comprehensive range of features, this indicator offers a powerful toolset to analyze market trends, identify reversals and retracements, calculate intraday targets using ATR, and stay informed about crucial trading events. One of the standout features of this indicator is its ability to consolidate the most po

Introducing the Bollinger Band Volume Breakout Detector , a powerful technical indicator designed to enhance the popular Bollinger Band Breakout Strategy . This indicator takes trend following to the next level by incorporating Volume Data, effectively minimizing false signals. By adhering to the principle of "volume confirms price," this tool allows traders to identify price breakouts accompanied by significant increases in volume, ensuring more accurate trading decisions. The indicator's custo

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