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Currency Strength Dashboard

Currency Strength

Currency Strength Dashboard

When it comes to currency strengths there are two standard methods to use the currency strength tool:

  • As a trend-following tool.
  • As a trend reversal tool.

When using the currency strength meter, we analyze each currency individually rather than as currency pairs.

The basic idea is to identify the strongest currency and the weakest currency so one can be able to choose the right currency pair to trade. Some traders use it as a tool to buy strength and sell weakness.

Once we determine which currency is independently about to increase in value, we can easily determine which currency pairs are about to experience a value change.

Understanding the concept between individualized currencies and currency pairs will be very crucial for anyone utilizing the currency strength Dashboard, or anyone who is doing forex trading in general.

INPUTS


timeFrame            =   PERIOD_D1;

currencyArray        = "USD;EUR;GBP;JPY;AUD;CAD;CHF;NZD";
symbolPrefix         =          "";
symbolSuffix         =          "";
outputForSymbol      =    "EURUSD"; 
compactModeOn        =        false; 
showInPips           =        true;
refreshTime          =           1;    // Refresh Time in sec 
offset_X             =         200;
offset_Y             =         250;
strongColor          =    clrGreen;   
weakColor            =     clrRed;
neutralColor         =    clrWhite;
borderColor          =    clrGray;
fontSize             =           8;
levelsAlertMode      =      0;    //Select alert Levels
extremeStrongLevel   = 90;    //Extremely strong levels(0-Off)   
veryStrongLevel      =    70;    //Very strong levels(0-Off)   
strongLevel          =       50;    //Strong levels(0-Off)   
currencyAlertOn      = true;    //Currency strength alerts are On/Off 
pushNotificationOn  = true;    //Push Notification are On/Off


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Descubra FX Levels: Su Indicador Definitivo de Soporte y Resistencia para Operar con Éxito FX Levels es más que un simple indicador de soportes y resistencias; es un cambiador de juego para los traders serios que buscan precisión, fiabilidad y funcionalidad sin fisuras en todos los sÃmbolos de trading, ya sean pares de divisas, Ãndices, acciones o materias primas. Basado en el probado método Lighthouse y mejorado con adaptabilidad dinámica en tiempo real, FX Levels lleva los puntos de invers
TPSpro RFI Levels
Roman Podpora
4.82 (22)
Indicadores
INSTRUCCIONES      RUSO  -  ING     Se recomienda utilizar con un indicador.   -    TPSpro   TENDENCIA PRO -   Versión MT5 Un elemento clave en el trading son las zonas o niveles desde los que se toman las decisiones de compra o venta de un instrumento de trading. A pesar de los intentos de los principales actores de ocultar su presencia en el mercado, inevitablemente dejan rastros. Nuestra tarea era aprender a identificar estos rastros e interpretarlos correctamente. Funciones principales: ¡Mo
Connect Indicator
Sukunthakan Ngernbamrung
Indicadores
Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
Stratos Pali
Michela Russo
5 (1)
Indicadores
Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! D
Entry Arrow Alerts
Alfred Todd
Indicadores
Entry Arrow Alerts: Finds market entry opportunities then notifies you via mobile or desktop alerts The key features include: Conservative mode . One entry signal per direction. Ideal for the patient trader looking to capture longer term moves. Aggressive mode . Multiple possible entry signals per direction. Ideal for the active trader looking to capture multiple moves within the same trend. Trigger Line . Price entry line helps cut down on false signals. Display Window . Allows you to instantly
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
Indicadores
¡Actualmente con 33% de descuento! ¡La mejor solución para cualquier tráder principiante o experto! Este indicador es una herramienta comercial única, de alta calidad y asequible, porque incorpora una serie de características patentadas y una nueva fórmula. Con esta actualización, podrá mostrar zonas de doble marco temporal. No solo podrá mostrar un marco temporal más alto, sino también mostrar ambos, el marco temporal del gráfico MÁS el marco temporal más alto: MOSTRANDO ZONAS ANIDADAS. A todos
Supply and Demand Dashboard PRO
Bernhard Schweigert
4.8 (20)
Indicadores
¡Actualmente 20% OFF ! Este tablero de instrumentos es una pieza muy poderosa de software de trabajo en múltiples símbolos y hasta 9 marcos de tiempo. Se basa en nuestro indicador principal (Mejores críticas: Advanced Supply Demand ).  El tablero de instrumentos da una gran visión general. Se muestra:  Valores filtrados de Oferta y Demanda, incluyendo la calificación de fuerza de la zona, Pips distancias a / y dentro de las zonas, Destaca las zonas anidadas, Da 4 tipos de alertas para los s
Graf Mason
Alexandr Lapin
5 (5)
Indicadores
Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
Trend Pulse
Mohamed Hassan
5 (4)
Indicadores
Promotion   for   24 hours only   with a   40%   discount on the original price!  Please contact me after purchase to immediately get your PDF strategy + documentation for Trend Pulse !  Introducing Trend Pulse , a unique and robust indicator capable of detecting bullish, bearish, and even ranging trends! Trend Pulse uses a special algorithm to filter out market noise with real precision. If the current symbol is moving sideways, Trend Pulse will send you a ranging signal, letting you kno
Smart Price Action Concepts
Issam Kassas
4.67 (9)
Indicadores
Ante todo, vale la pena enfatizar que esta Herramienta de Trading es un Indicador No Repintado, No Redibujado y No Retrasado, lo que la hace ideal para el trading profesional. Curso en línea, manual del usuario y demostración. El Indicador de Conceptos de Acción del Precio Inteligente es una herramienta muy potente tanto para traders nuevos como experimentados. Combina más de 20 indicadores útiles en uno solo, combinando ideas avanzadas de trading como el Análisis del Trader del Círculo Interio
Otros productos de este autor
Predator FX58 Trend DashBoard 123
Jermaine Wedderburn
5 (1)
Indicadores
Trend Scanner looks at the Market watchlist and Checks to see if there are trending cases between three (3) timeframes selected by the user. The analysis can assist in finding pairs to focus on for a particular session where a trader may need to have a bias in terms of direction to place trades for a particular system which requires multiple timeframe filtration of bar momentum. 3 Main indicators are involved: Moving Average, MACD and Heiken Ashi. User is able to select timeframes available on
Scalping Predator
Jermaine Wedderburn
Indicadores
Plug and play Scalpers, medium term and binary traders this one is perfect for you. This is great tool to integrate into your system. Your Pc must be very fast and contain good specs to handle these arrows. It does not repaint and paints on closed bars. It contains alerts which will post all alerts found on the chart from left to right. Can be great for binary traders and Forex scalpers.  Send me a message when you purchase, will send you additional filters if needed. Timeframe Best time frame t
Renko Alerts
Jermaine Wedderburn
Indicadores
Renko Charts now have the alerts, we need. There are four alert types to choose from for notification on screen, email or phone notification. The alert types also have buffers for use with automation. This indicator can be incorporated with any system that requires renko charts. The four (4) alert types are: Three-bar Formation; Pinbar; Maubozu and Engulfing Bar The alerts may also be adjusted by settings found in the input window of the indicator.
PrinceJ 58FX Macd Alert
Jermaine Wedderburn
5 (1)
Indicadores
Purpose : Used as a tool for Traders and Investors This product is a Macd alert Indicator, which gives two (2) sets of Alerts: Main line and Macd Signal line cross over for early indications of retracements or trend change above or below. While the zero cross is the flipping over effect of the histogram to the opposite side of the zero line, which can be seen on the standard Macd Oscillator. Regular Arrows: Up and down arrows shows the cross over Of the Signal Line and Main Line from above for
Renko Alerts with Winrate and Stats
Jermaine Wedderburn
Indicadores
Renko Charts now have the alerts and the  Win-rate . Now you can know which signal will give you that edge your trading needs. Risk to Reward Settings  Wins versus Losses Count There are four alert types to choose from for notification on screen, email or phone notification. The alert types also have buffers for use with automation. This indicator can be incorporated with any system that requires renko charts. The four (4) alert types are: Three-bar Formation ; Pinbar ; Marabozu and Engulfing Ba
Predator FX58 Trend MINI DashBoard
Jermaine Wedderburn
Indicadores
Heiken Ashi Bar Type based indicator: Enter Trades with the Confidence that higher timeframes agree. This tool will display the condition and direction bias all in one window, without need to look at the charts.  Professional Traders who do trend trading or scalping with the trend, this is a great tool to be alerted by when the asset is ready. Example: Choose any MT4 timeframe you want Daily timeframe H4 timeframe H1 timeframe Choosing your favourite moving average method: EMA 50/ EMA 100 / EMA
Elite Renko
Jermaine Wedderburn
5 (2)
Indicadores
Renko Charts with Heiken Ashi Filter now have the alerts and the    Win-rate . Now you can know which signal will give you that edge your trading needs. Risk to Reward Settings  Wins versus Losses Count There are four alert types to choose from for notification on screen, email or phone notification. The alert types also have buffers for use with automation. This indicator can be incorporated with any system that requires renko charts. The four (4) alert types are: Three-bar Formation ;  Pinbar
Swing or Scalp
Jermaine Wedderburn
Indicadores
Coloured price charts, generating black arrows.  User can change the colours of the arrows in the colour section of the indicator.  It is consider a great scalping tool on lower time-frames, while higher time frames will have fewer opportunities but trades will possibly last longer.  There is an input for Alert on or off.  This can be used effectively on M15/M30 Chart until up to H4 chart time.  It is best if the user has some experience with money management, utilising trailing stop to protect
Scalper Heiken Ashi
Jermaine Wedderburn
Indicadores
There are several types of Patterns, We choose Doji that is used for continuation and trend reversals.   Signal types : #1 Premium Signal- ---------------- Doji should have the colour of the expected direction change along with normal candle colour matching direction. #2 Secondary Signal   ---------------- Doji has the perfect formation however the bar maybe in the same colour as the previous bar but the candle colour has new direction colour. Stochastics-Filter: ---------------- The Stoc
Copy Trade Same Account
Jermaine Wedderburn
Utilidades
Purpose: IF you are apart of a signal group or have a losing strategy this tool is perfect for you. This Expert Adviser is a Trade Copier which Copies Trades on the same account, It takes trades in the same direction or opposite direction. You can set 100% for same trade size or 200% to double up, while the same percentage rule also work for the stop-loss and take profit distances. input: Copy All or By Magic Take only new trades = False; Take same direction of existing trade or counter_direc
Scalp King V3
Jermaine Wedderburn
Utilidades
Starting Price for first 10 purchases is $100, Next Price will be $200. This Expert Advisor   Trades 28 Currency symbols    simultaneously , we recommend using this bot alone. Attach the bot to 1 chart and its best to use a virtual private server (VPS) so that you will not lose any potential opportunities to enter positions. Operation:   This bot looks for quick ins and out in the markets and wait until next day to enter on closed assets. It aims to close each trade set on each pair once and n
Trade Insurance Expert Advisor Mt4
Jermaine Wedderburn
Utilidades
Ever took a trade and when you come back to the termainal to check on the status of the position, you realized the market has gone so far in the opposite direction or it has hit your stoploss. Well this system is here to help manage those moments price doesn't go in your desired direction. Consider this to be the insurance your account needs for your trading business. This tool manages manual trades and e.a. triggered trades. However be aware that some e.a.s are programmed to override other e.a.
Levels Expert Advisor
Jermaine Wedderburn
Asesores Expertos
This system is dynamic in the way places orders across all assets it's used on. The product is currently underpriced for the moment to get users to appreciate the quality of the product. It is created in a simple fashion to focus on positive results. In future we will improve on the look if that is necessary for our customers using the product. The system as-is triggers limit orders at levels that we believe should experience some bounce in price movements. Test and share your success with us an
Longevity Expert Advisor Eurusd
Jermaine Wedderburn
Asesores Expertos
Are you tired of flashy promises and get-rich-quick schemes? Do you crave stability and long-term success in your trading journey? Look no further than the Longevity Trader Expert Advisor, a cutting-edge tool designed to help you achieve steady returns and build a foundation for lasting financial growth. Unlike the countless products on the market that focus solely on short-term gains, the Longevity Trader Expert Advisor takes a different approach. We understand that sustainable success requires
Go Long Hedge
Jermaine Wedderburn
Asesores Expertos
https://youtu.be/Z80jgxFsCdM Product Name: GoLongHedge EA Tagline: "Automated Trading Mastery: Harnessing Mean Reversion, Range, and Trend for Consistent Profits" Description: Introducing GoLongHedge EA, a cutting-edge Expert Advisor that revolutionizes automated trading. This sophisticated algorithm combines the strengths of mean reversion, range markets, and trend following to deliver consistent profits with minimal manual intervention. Key Features: 1. Advanced Algorithm: Proprieta
Swing or Scalp Mt5
Jermaine Wedderburn
Indicadores
Continuous Coloured dot lines under and above price when conditions are met. Arrows Red and Green for entry Points.  User can change the colours of the arrows in the colour section of the indicator.  It is consider a great scalping tool on lower time-frames, while higher time frames will have fewer opportunities but trades will possibly last longer.  There is an input for Alert on or off.  This can be used effectively on M15/M30 Chart until up to H4 chart time.  It is best if the user has some
Strength Trading Expert Advisor
Jermaine Wedderburn
Utilidades
This Unique Expert Advisor calculates the strength of 28 various currencies according to the percentage change in a day from the opening of the candle. This calculation is done seen as decimals. If some currency is found to be very strong or very weak, the system will check the difference between both. If the calculations work to be more than the value provided in the input's parameters, it will open a trade with that pair and set take profit as given by the user.  There are several other settin
Trade Insurance Expert Advisor
Jermaine Wedderburn
Utilidades
Ever took a trade and when you come back to the termainal to check on the status of the position, you realized the market has gone so far in the opposite direction or it has hit your stoploss. Well this system is here to help manage those moments price doesn't go in your desired direction. Consider this to be the insurance your account needs for your trading business. This tool manages manual trades and e.a. triggered trades. However be aware that some e.a.s are programmed to override other e.a.
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