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RSI Currency Strength Meter

RSI Currency Strength Meter uses RSI (Relative Strength Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool". If you want to look and compare, for example, EUR, USD and JPY, it will only look at the EURUSD, USDJPY and EURJPY!

Note: This is a multicurrency indicator. So, if you want to test this indicator, I provided the DEMO version that has a lot of limitations. The link to this DEMO version is: https://www.mql5.com/en/market/product/26986

Settings for the RSI indicator used:

  • RSI period: the period of the RSI (14 by default),
  • Apply to: which price should RSI be based on (close, open, high, low, median...),
  • Smoothing Factor: so that the lines look smoother - 1 or less is for no smoothing, and 2 or more to increase smoothing applied (the smoothing factor applies to the RSI currency strength meter indicator, and not to the RSI used).
  • History: the number of candles to be displayed.

Lines formatting for the base and counter currency:

  • Color of the base currency: self-explanatory, select the colour for the base currency,
  • Width: width of the line of the base currency,
  • Style: line style (solid, dash, dot...),
  • Color of the profit currency: colour for the counter currency,
  • Width: width of the line of the profit currency,
  • Style: the style of the line of the profit currency (solid, dot, dash...).

Next is formatting for the additional 5 currencies (this one example is the same for all 5):

  • Currency n: write in the 3 letters symbol of the currency you want to display (examples: "eur" or "aUd" or "usD" or "NZD".."Btc", "LTC", "cNY" - all these formats are acceptable)
  • Color: colour of that selected currency,
  • Width: line width,
  • Style: line style (if width is 1).

The settings are the same for the next 4 currencies. In total, you can display up to 7 currencies.

Suggestion: Watch the provided video to make everything clear and/or check out the DEMO version: https://www.mql5.com/en/market/product/26986

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STE S.S.COMPANY
4.73 (15)
El indicador Trend Line Map es un complemento para Trend Screener Indicator . Funciona como un escáner para todas las señales generadas por el evaluador de tendencias (Trend Line Signals). Es un escáner de líneas de tendencia basado en el indicador de evaluación de tendencias. Si no tiene el indicador Trend Screener Pro, Trend Line Map Pro no funcionará. Al acceder a nuestro blog MQL5, puede descargar la versión gratuita del indicador Trend Line Map. Pruébelo antes de comprar, sin las res
ACTUALMENTE 31% DE DESCUENTO Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta. Con solo un gráfico, da Alertas para los 28 pares de divisas. ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar operaciones po
FX Volume
Daniel Stein
4.61 (36)
Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Volume es el PRIMER y ÚNICO indicador de volumen que proporciona una visión REAL del sentimiento del mercado desde el punto de vista de un bróker. Proporciona una visión impresionante de cómo los participantes institucionales del mercado, como los brokers, están posicionados en el mercado Forex, mucho más rápido que los informes COT. Ver esta info
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.61 (18)
¡TakePropips Donchian Trend Pro   (MT4) es una herramienta poderosa y efectiva que detecta automáticamente la dirección de la tendencia utilizando el Canal Donchian y le proporciona señales comerciales de entrada y salida! Este indicador multifunción incluye un escáner de tendencias, señales comerciales, panel estadístico, filtro, sesiones comerciales y panel de historial de alertas. ¡Está diseñado para proporcionarle señales comerciales y ahorrarle horas analizando los gráficos! Puede descargar
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
Otros productos de este autor
RSI Currency Strength Meter uses RSI (Relative Strength Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currency of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 in the DEMO version, in REAL up to 5) to the "comparison pool" that already has the base and the profit (counter) c
FREE
CCI Currency Strength Meter uses CCI (Commodity Channel Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. If you load this indicator on a chart, it will first display the strength-lines of the currencies (base and counter currency of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 for the DEMO version, but on REAL up to 5) to the "comparison pool" that alrea
FREE
STO Currency Strength Meter DEMO uses Stochastic Oscillator to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currencies of the chart) with changeable solid lines. Also, you can add up to ONE additional currency (only 1 in the DEMO version, in FULL up to 5) to the "comparison pool" that already has the base and the profit (counter) cu
FREE
CCI Currency Strength Meter uses CCI (Commodity Channel Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. If you load this indicator on a chart, it will first display the strength-lines of the currencies (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool," that already has the base and the profit (counter) curren
STO Currency Strength Meter uses Stochastic Oscillator to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currencies of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool". If you want to look and compare, for example, EUR, USD and JPY, it will only look at the EURUSD, USD
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sunnychow
8902
sunnychow 2019.12.16 13:24 
 

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Versión 1.5 2020.02.04
- Changes in the main code for faster and broker-friendly loading
- Alerts and Notifications can now be set; lines cross, cross above/below and cross back
- Correlation changed to only text print
- Some small bugs fixed
Versión 1.4 2018.07.30
New input:
- History - How many candles to load, which results in faster loading and less CPU usage.
Other:
- Small bug fixed that decreases the overall CPU usage.
- The scale and the levels are now as in the RSI indicator (0 to 100, levels 30 and 70).
Versión 1.3 2017.12.11
- Indicator completely changed,
- Bugs fixed,
- Error printing under "Expert" tab,
- Some of the settings removed,
- Smoothing factor added, &
- Much faster loading.
Versión 1.2 2017.11.21
- Completely reconstructed;
- Few major and minor bugs fixed;
- NEW: you can now write in your own currency symbol (3 letters: "eur", "cad", "btc"...) instead of picking out of limited list.
- Now indicator loops through all the pairs on the platform, and that's why:
- NEW: Load indicator in steps, X amount of candles per new tick. The reason for this is to avoid CPU overload due to looping through all the pairs (can be above 100).

Versión 1.1 2017.09.12
- Fixed bug: now there are labels displayed for each currency.