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Currency Strength Breakout

The Currency Strength Breakout indicator monitors eight currencies across M1, M5, M15, M30 & H1 time frames all in the same window.

Trade the strongest currency against the weakest with alerts for pullbacks giving you the opertunity to enter the trend.

Please note: I have made the decision to give this Indicator away and many more for free with limited support so that I can concentrate on Custom EA.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Easily see which currencies are currently trending and in which direction.
  • Trade pullbacks with the highest probability of success.
  • Colors are fully adjustable.

How To Trade

  1. The higher time frame currency strengths are displayed on the left.
  2. The lower time frame currency strengths are displayed on the right, only the strongest and three weakest.
  3. On the lower time frame wait for the strongest currency strength to go below the weaker currency, this indicates a pullback. Alerts are generated for this signal if they are enabled.
  4. Open the chart for this pair, indicated top right of the window. Note the breakout direction you are looking to trade is also displayed top right.
  5. Look for a good entry point based on your preferred method, either choose a support level and enter at a good price or add a buy/sell stop order to catch the trend when it continues.
  6. Always remember to add a stop loss in a smart position.

Input Settings

  • MAPeriod - The moving average period used by the indicator - Values 1 to 1000
  • Alerts - If enabled the indicator will alert on pullbacks for the strongest currency against the weakest three currencies.
  • SmoothingLower - If enabled the lower time frame is smoothed.
  • SmoothingLowerPeriod - The smoothing period for the lower time frame - Values 1 to 10.
  • SmoothingUpper - If enabled the upper time frame is smoothed.
  • SmoothingUpperPeriod - The smoothing period for the upper time frame - Values 1 to 10.
  • TextColor - The text color for the pairs displayed top right.
  • USDColor - The color of the USD currency.
  • EURColor - The color of the EUR currency.
  • CHFColor - The color of the CHF currency.
  • AUDColor - The color of the AUD currency.
  • JPYColor - The color of the JPY currency.
  • GBPColor - The color of the GBP currency.
  • CADColor - The color of the CAD currency.
  • NZDColor - The color of the NZD currency.   
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How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Este indicador está diseñado para gráficos en vivo, no para el probador. El indicador PRO Trend Divergence es una herramienta avanzada de análisis técnico diseñada para detectar divergencias de continuación de tendencia , una señal de que la tendencia actual probablemente continuará. A diferencia de los indicadores tradicionales que se centran en los cambios de tendencia, esta herramienta permite identificar cuando la tendencia sigue siendo fuerte, incluso durante retrocesos o correcciones menor
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Golden Trend Indicator
Noha Mohamed Fathy Younes Badr
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The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/r
Custom EA es un asesor experto (EA) totalmente automatizado y personalizable, diseñado para traders que buscan un control total sobre sus estrategias de trading. Se integra perfectamente con indicadores de terceros, ofrece numerosas estrategias integradas de entrada y salida, y cuenta con funciones avanzadas de duplicación de operaciones. Ya sea que estés automatizando operaciones, creando una estrategia basada en redes neuronales o copiando operaciones entre cuentas, Custom EA es la solución id
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Aravind Kolanupaka
8935
Aravind Kolanupaka 2022.03.14 11:50 
 

El usuario no ha dejado ningún comentario para su valoración

AdilsonGodin
84
AdilsonGodin 2022.03.13 14:35 
 

Ainda estou testando.

Respuesta al comentario
Versión 1.5 2023.05.20
Latest version
Versión 1.4 2020.07.09
Added SmoothingLower, SmoothingLowerPeriod, SmoothingUpper & SmoothingUpperPeriod options.
Versión 1.3 2020.07.09
Fixed random initialisation issue.
Versión 1.2 2020.07.07
Fixed GBP lower not showing.