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Currency Weight FX

Currency Weight FX ( CW8)

You are going to see the Forex Treasure

If you think in Forex Trading you are dealing with one chart only, then you are on your way to be plunged into misery.

The weight of one's currency will affect other currency or currencies.

This Currency Weight FX is a breakthrough in trading tools


With Currency Weight FX ( CW8 ) indicator you will see each weight of major currency.

This currency WEIGHT is very much different from currency STRENGTH most people usually mean.


CW8 display the weight lines of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU . So you will have 29 pairs to be traded,including XAUUSD.

CW8 can be used for scalping and trend strategy.


How CW8 can be used :

The Lines in Indicator's window will indicate which Major Currency is going stronger or weaker.

Those who goes UP : indicate the currency is going STRONGER

Those who goes DOWN : indicate the currency is going WEAKER

Those who goes FLAT : indicate the currency is going STEADY

Pairing the one who go STRONGER with the one who go WEAKER, wil make bigger impact on this pair points.


For Example , we are pairing :

GBP (Strong)  vs  ( Weak ) USD :  Buy GBPUSD

GBP (Strong)  vs  ( Steady ) JPY  :  Buy GBPJPY

GBP (Weak)  vs  ( Steady ) AUD  :  Sell  GBPAUD

 Other example :

JPY (Strong)  vs  ( Weak ) USD :  Sell USDJPY

JPY (Strong)  vs  ( Steady ) EUR    :  Sell EURJPY

JPY (Weak)  vs  ( Steady ) AUD   :  Buy AUDJPY

in other words 

  • When we are pairing two currency, we have to appoint on the STRONGER one rather than the alternatives.
  • When the STRONGER one, written on the FRONT WORDS (i.e : USD going strong, USDCAD), we have to go with BUY.
  • When the STRONGER one, written on the BACK WORDS ( i.e : JPY going strong, EURJPY), we have to go with SELL.

When GBP is going STRONGER

GBPAUD, GBPCAD, GBPCHF,GBPJPY, GBP NZD, GBPUSD ; BUY

EURGBP : SELL


When USD is going WEAKER

EURUSD,GBPUSD,AUDUSD,NZDUSD, : BUY

USDCAD,USDCHF,USDJPY : SELL


Graphical features
  • Provide weight lines of 8 Major Currency + 1 line for Gold. Differentiate with the color line of each Currency
  • Can be place in any chart and time frame
  • The Indicator display the weight lines from maximum 1000 bars until the latest tick on latest bar ( OnTick Reading )
  • No re-calculate, but it is  On Tick reader.
  • Suitable for any screen resolutions.


Input Parameters

  • Number of BAR  : maximum 1000 bars in any Time Frame 


By comparing any Charts with CW8 indicator, you will see how usefull this indicator can be.

Thank you for your attention and Have a happy trading time !



Note : The line in the indicator window, only shows the weight of each currency on every time bar.

The position of the line, Upper or Below others line, just as a representative of the currentweight currency.

Each line moving because of its own weight changing.















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This indicator is collection of important dynamic support and resistance giving a trader crystal clear idea , where to sell and where to buy. it completely complements trend lines, support, resistance, and sideways market and allow a trader to make sustainable profits. The thickness of lines suggests its strengths, the thicker the dynamic line, the stronger is rejection or pullback allowing a trader to make multi-fold profit, as they can clearly see them. Introducing Your Ultimate Trading Edge
DashBoard Multi TimeFrame
Harikrishna Darapaneni
Indicatori
This indicator ( dashboard) provides trend for multi currency on multi timeframe Charts. It gives entries and Stoploss on the chart itself  if the currency pair is uptrend then the cell color is displayed as Green and if its downtrend the cell displays the color as Red Alerts are generated whenever the trend changes on that particular timeframe. can customize the time frames as desired
Lineverse Trendlines
Arkady Segal
Indicatori
Automatic, live & interactive picture of all trendlines. Assign push, email and sound alerts to the lines of your choice and be informed about price rollback, breakout, rollback after breakout, number of rollbacks, line expiration by double breakout. Correct, drag or delete the lines and interactively tune the line system. https://youtu.be/EJUo9pYiHFA . Chart examples https: //www.mql5.com/en/users/efficientforex Price Interaction Events All events are effective immediately and only after on
Support and resistance levels
Alexandr Bryzgalov
Indicatori
The indicator displays the probable ( Support and resistance ) levels. The indicator draws horizontal and trend levels of support and resistance. The indicator settings: Trends - the mode for displaying trend lines or horizontal lines of support and resistance Yes - display trend lines only No - display horizontal lines only UseResource - use the resources built into the indicator. Yes - use the ZigZag indicator from the resources of the product. No - use a custom ZigZag indicator. HistoryBar -
The indicator of a professional trader
Ramiz Mavludov
Indicatori
The indicator of a Professional Trader is an arrow indicator for predicting the direction of price movement. I have been working on this indicator since 2014. You can use this indicator as your main indicator, use its entry signals, and use it as your only indicator to find entry points. About the product: Recommended TF [H4-D1-W1]   . The indicator predicts the direction of the next candle. Fits a variety of tools; Flexibility in settings for different instruments and intervals through the
THE GRAFF III
Antonin Skaryd
Indicatori
The [GRAFF] III manual trading system is based on multiple MetaTrader (MT4) indicators. Together, the entire PACK of GRAFF III indicators makes an advanced trading tool. The system consists of over 20 different custom-built indicators which have been carefully selected and tested in the long term to produce strong and efficient trading signals. The particular indicators are based on different mathematical formulas, so the entire system is calibrated to remove false signals from its own indicator
LotCalculator
Andrey Vasiliev
Indicatori
Trend Signal All Time Frame
I Nyoman Suryasa
Indicatori
This indicator allows you to see the strength of the trend on all timeframes. It can be used for all currency pairs. The indicator can be displayed in the form of a column (from left to right): status buy / sell / strong buy / strong sell, strength of the trend in percentage, pips last candle, body candle now, remaining time, and the timeframe of M1 to MN. Information contained below (from left to right): total trend percent, sell percent, buy percent.
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GoldTrend MT4
Sopany Zemmy
5 (1)
Indicatori
GoldTrend MT4 - is  a leading indicator for Gold on MetaTrader 4 - In Update version has been added new ability on USD pairs     ( AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY ) - very easy to use , even for beginners - Stoploss and Take Profit provided - no repaint, no redraw and no lagging  When you decide to enter the global market ,  then there is a technical skill you absolutely must have, - which is all about trends . Why - GoldTrend is different from others : Not onl
Refresh Charts
Sopany Zemmy
Indicatori
Sometimes we need convincing data  to make sure our robot, or our indicator goes exactly the way it should be. Sometimes we find out that the data is inaccurate , it can be void , or it has the  same data as the previous one .  that is why  sometimes we find a message on the screen " Waiting for Update ". The system is trying to refresh and reload the data. The Refresh Charts indicator. This Indicator Utility will solve those problems with just one click . It will refresh and extract data from
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Versione 3.10 2022.10.09
The Update will help you know which currency have the Strongest or the Weakness condition.
and the Currency's Ordinat are displayed on the screen.

Hope people will find it helpful.