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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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Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
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The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in
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The Bollinger Fading EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the H1 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I c
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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 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
Automated trading system designed to be customized to specification to create unique trading strategies. Custom EA is suitable for beginners to experienced traders, start trading using built in preset strategies or start creating your own. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. Any questions or support required please message me. Limited time special offer, review Custom EA and get an EvoAI 1 year licence! FEATURES Fully automated Fully
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Aravind Kolanupaka
8925
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.