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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

Recensioni 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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Presentazione dell'Indicatore Astronomico per MT4: Il tuo compagno di trading celeste definitivo Sei pronto a elevare la tua esperienza di trading a livelli celesti? Non cercare oltre, il nostro rivoluzionario Indicatore Astronomico per MT4 è qui. Questo strumento innovativo va oltre gli indicatori di trading tradizionali, sfruttando algoritmi complessi per offrirti intuizioni astronomiche senza pari e calcoli di precisione. Un universo di informazioni a portata di mano: Ammira un pannello compl
REMINDER: Early buyers hot price discount: Price subject to rise after first 20 copies. Starting price $65 and final price will be $1275. Secure your discounted copy Now! Smart Money Analyser Indicator User Manual 1. Introduction Welcome to the   Smart Money Analyser Indicator This powerful tool provides traders with comprehensive market analysis by combining various technical indicators to generate actionable trading signals. Designed to be user-friendly, this indicator helps traders of a
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
System Trend Pro
Aleksandr Makarov
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!   The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the oppo
Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
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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
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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--->  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 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
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
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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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Versione 2.0 2021.12.19
V 2.00 Upgrades:

• Minor Bugfix
• Corrected some typos
• Added Alert functionalities