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CPM Extended MT5

4.5

The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers.

What the indicator shows: a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using this currency you specify in the input parameters (assuming that your broker provides quotes for the pairs), the more weighted the index will be (but be careful with pairs of "non-major" or exotic currencies, they can distort the overall picture). For example, if you specify only EURUSD, the relative index for Euro will be calculated only based on this pair, if you add EURGBP, then the Euro index will be calculated based on two pairs and a more weighted value will be obtained.

How to use the data: the lower/higher the index value, the more likely a technical correction or trend continuation is, in the absence of important news.

Reviews 6
oaskari
14
oaskari 2023.04.09 11:19 
 

This is what I was looking for. Thank you for sharing.

apcruz01
180
apcruz01 2022.05.06 16:40 
 

Interesante hay pocos indicadores de fuerza para Mt5 solo que debería poder colocar temporalidades menos a una hora. gracias por el aporte

Alexandre Coutinho
18
Alexandre Coutinho 2025.02.15 22:49 
 

Muito bom, reuni informações preciosas.

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The indicator displays minimized charts of any symbol from any timeframe. The maximum number of displayed charts is 28. The charts can be located both in the main and bottom window. Two display modes: candles and bars. Amount of displayed data (bars and candles) and chart sizes are adjustable. Parameters: Corner - display start corner (selected from the list) CandleMode - display mode: true - candles, false - bars ShowLastBid - enable/disable the last price display LastBidShiftX - last price lin
FREE
CPM Extended
Sergey Efimenko
4.8 (10)
The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using
FREE
The uniqueness of this indicator lies in the volume accounting algorithm: accumulation occurs directly for the selected period without reference to the beginning of the day. The last bars can be excluded from the calculation, then the current data will have less influence on the significant levels (volumes) formed earlier. For a more accurate calculation, data from the M1 graph is used by default. The step of distribution of price volumes is regulated. By default, the right border of the display
The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5357 ) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows
Extended version of the "Keltner Channel" indicator. This is an analytical tool that allows you to determine the ratio of the price position relative to its volatility. You can use 26 types of moving average and 11 price options to calculate the middle line of the indicator. Configurable alerts will notify you when the price touches the upper or lower border of the channel. Available average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weig
The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5356 ) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows
This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening. Parameters: ForcedTF - ch
This is a linear indicator of a currency power having the ability to filter by smoothing values. It shows the current power of selected currencies (the maximum number is 8), as well as historical values. Calculation depends on the selected chart timeframe the indicator is launched at. The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as
The indicator shows harmonic patterns on the chart without repainting with the minimum possible lag. The search for indicator tops is based on the wave principle of price analysis. Advanced settings allow you to choose parameters for your trading style. At the opening of a candle (bar), when a new pattern is formed, an arrow of the probable direction of the price movement is fixed, which remains unchanged. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butter
The indicator allows you to determine the current price direction and market volatility. This version of the Traders Dynamic Index  (TDI) has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages. Parameters: Mode Osc - estimation oscillator selection; Period Osc - the calculation p
Advanced Power Trend
Sergey Efimenko
5 (1)
Unique "scalping" trend indicator with the feature of multi-layered smoothing of the resulting lines and a wide selection of parameters. It helps determine a probable change in the trend or a correction virtually near the very beginning of the movement. The toggled intersection arrows are fixed and appear at the opening of a new bar, but, with enough experience, it is possible to look for entry opportunities as soon as the indicator lines intersect at the unfinished bar. The signal appearance li
The utility is designed to change the symbol of the current, all or selected charts, change the timeframe , as well as to synchronously move through the history of all charts (automatically or by clicking the button). The list of symbols is read from the "Market Watch" or is set manually. The color, size and position of the buttons are customizable. Synchronization of charts occurs according to the time of the first visible bar when you press the "SYNC" button or when moving the mouse/keyboard i
True SSRC nrp
Sergey Efimenko
The indicator shows (optional): Spearman's rank correlation coefficient, Pearson's linear correlation coefficient, Kendall's rank correlation coefficient, and Fechner's sign correlation coefficient. This oscillator shows the points of possible market reversal when the price goes beyond the overbought and oversold levels. There are 4 methods for additional filtering of the obtained values: simple, exponential, smoothed, linearly weighted. After the bar is closed, the values are fixed and not rep
If you trade by levels, then this indicator is for you. The indicator displays support and resistance levels for the selected timeframes, additionally showing how many points to the nearest levels, as well as between which levels the current price is in the form of a color scale and percentages. Location anywhere on the chart, the ability to scale, the calculation offset taking into account the hourly difference of your broker, the choice of colors and other parameters will allow you to custo
This is an extended version of Keltner channel. You can use 21 types of Moving Average and 11 methods of calculating the indicator's center line. Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Zero-Lag Exponential Moving Average
This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening. Parameters: ForcedTF - ch
This is a linear indicator of a currency power having the ability to filter by smoothing values. It shows the current power of selected currencies (the maximum number is 8), as well as historical values. Calculation depends on the selected chart timeframe the indicator is launched at. The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as
Unique "scalping" trend indicator with the feature of multi-layered smoothing of the resulting lines and a wide selection of parameters. It helps determine a probable change in the trend or a correction virtually near the very beginning of the movement. The toggled intersection arrows are fixed and appear at the opening of a new bar, but, with enough experience, it is possible to look for entry opportunities as soon as the indicator lines intersect at the unfinished bar. The signal appearance l
The indicator shows harmonic patterns on the chart without repainting with the minimum possible lag. The search for indicator tops is based on the wave principle of price analysis. Advanced settings allow you to choose parameters for your trading style. At the opening of a candle (bar), when a new pattern is formed, an arrow of the probable direction of the price movement is fixed, which remains unchanged. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butter
The uniqueness of this indicator lies in the volume accounting algorithm: accumulation occurs directly for the selected period without reference to the beginning of the day. The last bars can be excluded from the calculation, then the current data will have less influence on the significant levels (volumes) formed earlier. For a more accurate calculation, data from the M1 graph is used by default. The step of distribution of price volumes is regulated. By default, the right border of the display
The indicator shows (optional): Spearman's rank correlation coefficient, Pearson's linear correlation coefficient, Kendall's rank correlation coefficient, and Fechner's sign correlation coefficient. This oscillator shows the points of possible market reversal when the price goes beyond the overbought and oversold levels. There are 4 methods for additional filtering of the obtained values: simple, exponential, smoothed, linearly weighted. After the bar is closed, the values are fixed and not rep
If you trade by levels, then this indicator is for you. The indicator displays support and resistance levels for the selected timeframes, additionally showing how many points to the nearest levels, as well as between which levels the current price is in the form of a color scale and percentages. Location anywhere on the chart, the ability to scale, the calculation offset taking into account the hourly difference of your broker, the choice of colors and other parameters will allow you to custo
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Alexandre Coutinho
18
Alexandre Coutinho 2025.02.15 22:49 
 

Muito bom, reuni informações preciosas.

Sutatong
261
Sutatong 2023.04.14 15:28 
 

User didn't leave any comment to the rating

oaskari
14
oaskari 2023.04.09 11:19 
 

This is what I was looking for. Thank you for sharing.

Troy
56
Troy 2022.10.13 14:46 
 

Превосходный индикатор. Не хватает только алерта/пуша на телефон о смене тенденции, когда один индекс силы валюты по индикатору становится выше/ниже другой.

apcruz01
180
apcruz01 2022.05.06 16:40 
 

Interesante hay pocos indicadores de fuerza para Mt5 solo que debería poder colocar temporalidades menos a una hora. gracias por el aporte

[Deleted] 2019.01.14 07:13 
 

User didn't leave any comment to the rating

sunnychow
9051
sunnychow 2019.01.12 16:57 
 

User didn't leave any comment to the rating

Gennadiy Voltornist
11909
Gennadiy Voltornist 2017.12.24 19:16 
 

User didn't leave any comment to the rating

Daniel Andrejczuk
5596
Daniel Andrejczuk 2017.11.09 14:10 
 

User didn't leave any comment to the rating

Nork
6192
Nork 2016.12.21 07:31 
 

User didn't leave any comment to the rating

Rodrigo da Silva Boa
7137
Rodrigo da Silva Boa 2016.01.09 13:27 
 

User didn't leave any comment to the rating

Reply to review
Version 1.8 2019.12.25
The function of removing objects during deinitialization has been replaced with the standard one.
Version 1.7 2019.12.22
Added two parameters:
Horizontal offset of values - horizontal offset of numeric values
Indent between values - vertical indent between numeric values
Version 1.6 2019.12.19
Added parameters:
Horizontal imul - a multiplier for the horizontal scale
Vertical imul - a multiplier for the vertical scale
Scale shift - the additional shift of the scale in pixels
Version 1.5 2019.12.15
Выполнена оптимизация кода
Version 1.4 2019.05.26
Выполнена оптимизация кода с учётом обновлений MQL5.
Version 1.3 2015.12.16
Added the ability to shift indicator data by coordinate axes to any convenient place on the screen:
ShiftX - shift left/right
ShiftY - shift up/down
Version 1.2 2015.04.01
Added PairPreffix currency prefix parameter. Leave it blank for symbols without additional characters. Example of using with EURUSD.e:
UsePairs="EURUSD"
PairPreffix=".е"
Version 1.1 2015.01.30
Added the second method for calculating the daily currency power.
UseDayRangeCalculation=false - accumulative
UseDayRangeCalculation=true - range