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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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4.44 (16)
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Raymond Gilmour
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Robots4Forex Ltd
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Robots4Forex Ltd
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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 Night Scalper 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, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. View More
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Robots4Forex Ltd
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Prospector Scalper EA MT4
Robots4Forex Ltd
1 (1)
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Aeon
Robots4Forex Ltd
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RMI Scalper EA MT4
Robots4Forex Ltd
1 (1)
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Robots4Forex Ltd
1 (1)
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Robots4Forex Ltd
4 (5)
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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
Night Scalper EA
Robots4Forex Ltd
4 (2)
Night Scalper EA è un sistema di trading avanzato e completamente automatizzato, progettato per sfruttare i movimenti del mercato serale attraverso una strategia di scalping ad alta probabilità. Che tu sia un trader esperto o alle prime armi, Night Scalper offre uno strumento potente per operare con precisione e facilità durante i periodi di bassa volatilità. Questo Expert Advisor (EA) utilizza una strategia multi-valuta robusta, garantendo una solida gestione del rischio e conformità alle norma
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
Night Lottery EA
Robots4Forex Ltd
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 MT5
Robots4Forex Ltd
Custom EA è un consulente esperto (EA) completamente automatizzato e personalizzabile, progettato per i trader che cercano un controllo totale sulle loro strategie di trading. Si integra perfettamente con indicatori di terze parti, offre numerose strategie di ingresso e uscita integrate e include funzionalità avanzate di duplicazione delle operazioni. Che tu stia automatizzando i tuoi trade, sviluppando una strategia basata su reti neurali o copiando operazioni tra conti, Custom EA è la soluzion
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Aravind Kolanupaka
8935
Aravind Kolanupaka 2022.03.14 11:50 
 

L'utente non ha lasciato alcun commento sulla valutazione.

AdilsonGodin
84
AdilsonGodin 2022.03.13 14:35 
 

Ainda estou testando.

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