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RSI Basket Currency Strenght

5

 

The RSI Basket Currency Strenght brings the RSI indicator to a new level. 

Expanding the boundaries of TimeFrames and mono-currency analysis, the RSI Multi Time Frame Currency Strenght take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses. 

The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every RSI value for the selected Time Frame. 

After that, the indicator plots the average of the values, making it as an oscillator around the zero value. 


If the currency line is over the other, it indicates a whole strenght of such currency against the other seven. 

If the currency line is over the zero line, it's a clear signal of strenght, driving the price in the direction of the currency position (long if currency is the numerator, short if it is the denominator).


The RSI Basket Currency Strenght can be fully customized with your favourite Time Frame (greater or equal your working Time Frame).


It is a great tool for trend confirmation and for spotting potential reversal moments, while the counter currency gains strenght in the whole market. 


FREE version (Only working on EURUSD) available here --> https://www.mql5.com/en/market/product/48706/


Produly developed by www.automazionetrading.com

Avis 2
Roberto Rossi
331
Roberto Rossi 2021.11.13 14:43 
 

Indicatore eccezionale.

GoodMorningg
529
GoodMorningg 2020.04.24 12:07 
 

Реально крутой помощник в торговле! Попробовал бесплатную версию и сразу же купил платную!

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Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
Enigmera
Ivan Stefanov
5 (4)
ENIGMERA : Le cœur du marché https://www.enigmera.com Introduction Cet indicateur et ce système de trading constituent une approche remarquable des marchés financiers. ENIGMERA utilise les cycles fractals pour calculer avec précision les niveaux de support et de résistance. Il indique la phase d'accumulation authentique et donne une direction et des objectifs.  Un système qui fonctionne que nous soyons dans une tendance ou une correction.  Comment fonctionne-t-il ? ENIGMERA comprend trois l
Présentation de l'indicateur astronomique pour MT4 : Votre compagnon de trading céleste ultime Êtes-vous prêt à élever votre expérience de trading à des hauteurs célestes ? Ne cherchez pas plus loin que notre indicateur astronomique révolutionnaire pour MT4. Cet outil innovant transcende les indicateurs de trading traditionnels en exploitant des algorithmes complexes pour vous fournir des aperçus astronomiques inégalés et des calculs de précision. Un univers d'informations à portée de main : Con
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This practical tool let you setup your keyboard to have shortcuts and hotkeys to change Chart TimeFrame.  Bring your trading to another level by actually take fast and smooth control of switching Time Frames without losing time clicking all over the Meta Trader Terminal.  This tool is born due to scalping issues, where switching from higher timeframe and lower timeframes is really mandatory to make a multi timeframe analysis of the trading setup.  Uplift your trading activity, by letting your k
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The  RSI Basket Currency Strenght  brings the RSI indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the RSI Multi Time Frame Currency Strenght take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every RSI value for the selected Time Frame.  After that, the indic
FREE
The WTR Dynamic Range Indicator is a powerful and deeply customizable range indicator that takes in account the average upward and downward movement of the price in the past trading days.  This fully customizable indicator can be setted for a lot of uses and cases:  • Trend trading on level breakouts  • Spotting high probability targets for Take Profits • Setting a multiple targets for position scaling out  The WTR Dynamic Range Indicator calculates the average movements in the long side, the
FREE
The  Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indica
FREE
--->  Check all the other products  <--- The Candle Bias is a coloring indicator that doesn't take account of the close price of the bars.  It will color the candle in the bearish color (of your choice) if the downard range is greater than the upward range.  Conversely, it will color the candle in the bullish color of your choice if the upward range is greater than the downward range.  This is a major helper for Multi Time Frame analysis, it works on every security and every Time Frame. You
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--->  Check all the other products  <--- The Multi Time Frame Chandelier Channel is a good synthesis of the chandelier trailing stop and let you analyze the trend.  Enter when the price breaks one of the two lines, then trail using the opposite line.  Ideal for scalping, entering after the dot appears.  Plenty of customization:  Choose the lookback period, the longer, the slower Choose the Time Frame to use (must be greater or equal your chart TF  Play around with the options to get the
FREE
The Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indicator
CRAZY SALE! Was 250, NOW 50 USD till the end of MAY!!! --->  Check all the other products  <--- The WTR Dynamic Range Indicator is a powerful and deeply customizable range indicator that takes in account the average upward and downward movement of the price in the past trading days.  This fully customizable indicator can be setted for a lot of uses and cases:  • Trend trading on level breakouts  • Spotting high probability targets for Take Profits • Setting a multiple targets for position
--->  Check all the other products  <--- The Multi Time Frame Chandelier Channel is a good synthesis of the chandelier trailing stop and let you analyze the trend.  Enter when the price breaks one of the two lines, then trail using the opposite line.  Ideal for scalping, entering after the dot appears.  Plenty of customization:  Choose the lookback period, the longer, the slower Choose the Time Frame to use (must be greater or equal your chart TF  Play around with the options to get the
--->  Check all the other products  <--- The Engulfing Candles Screener is a deeply customizable dashboard.  You can chose a trend filter, using 2 EMAs, with custom periods applied on a custom TimeFrames Then you can choose 3 timeframes to search, any TimeFrame is suitable and the screener will find the engulfing candles in the selected timeframe.  3 Timeframes to scan All the major forex pairs and crosses - up to 28 symbols Deeply Customizable How to setup the screener:  Let the crosses v
--->  Check all the other products  <--- The Candle Bias is a coloring indicator that doesn't take account of the close price of the bars.  It will color the candle in the bearish color (of your choice) if the downard range is greater than the upward range.  Conversely, it will color the candle in the bullish color of your choice if the upward range is greater than the downward range.  This is a major helper for Multi Time Frame analysis, it works on every security and every Time Frame. You
The pair strenght panel make easy to see the overall performance of the base and the quote currencies.  It can analyze Daily performance, Weekly performance and Monthly performance.  Seamlessly and without any further input option, it splits the cross in the two currency and analyze the performance of each one:  for example, if it's attched to an AUD/CHF chart, it will report the AUDCHF percentage variation and the composite percentage variation of the whole AUD basket against the other 6 curr
Use a plain google sheet to license your product After years of developing trading software, I noticed the lack of a simple and cheap system to license the software to your customer.  Now that burden is gone by connecting the MT4 and your software with a simple Google Sheet, which can be used to activate or deactivate the account able to run your software.  With a minimum setup you'll be able to compile your software and distributing it without the fear of being spoiled by hackers or bad peopl
Filtrer:
Roberto Rossi
331
Roberto Rossi 2021.11.13 14:43 
 

Indicatore eccezionale.

GoodMorningg
529
GoodMorningg 2020.04.24 12:07 
 

Реально крутой помощник в торговле! Попробовал бесплатную версию и сразу же купил платную!

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Version 2.0 2021.12.19
V 2.00 Upgrades:

• Minor Bugfix
• Corrected some typos
• Added Alert functionalities