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Currency Strength RSI

Advanced Currency Strength Indicator

The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes, but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute).

This indicator is very powerful because it reveals the true movements of the market. It is highly recommended to analyze charts knowing the performance of individual currencies or the countries economies. The indicator will reveal the country's economic performance by analyzing the strength of the country's currency on a daily/weekly/monthly basis. It can also be used for news events (Fundamentals), even if you don't have time to keep up with the news... The indicator does all the work for you by calculating the strength of the country's currency. This will give you an edge in the market because you'll know which currencies are best to trade at that moment. Buy strong currencies and sell weak currencies (Diverging currencies). 

This strategy is even used by the Banks to make profits. They take a strong currency and pitch against a weak currency.

Special Unique Features

1. No more spending hours analyzing all charts. Analyze the Forex Market in 1 window (1 minute).
2. Choose any custom time you want to start calculating currency strength.
3. Get signals directly to your phone anywhere you are.
4. Be notified when there's a new signal by turning on Alerts.
5. Currency Strength Meter Dashboard (showing all the values, dates, time and connection speed in milliseconds).
6. Multi-Timeframe Currency Strength Dashboard (Calculated across all timeframes).
7. 28 FOREX pairs + Gold + Silver + 5 additional pairs of your choice (Stocks, CFD's, Crypto Currencies, Indexes or any chart).
8. Special period separators (showing months, days and times)
9. Signals in a chart (Arrows showing all signal entry points in a chart).
10. Multiple options to choose how to calculate currency strength (Anytime, date or number of candlesticks).
11. Support for Any broker symbol names (Prefix and Suffix).
12. Divergence Arrows indicating diverging currencies.

Every day, Currencies diverge from each other. The indicator uses built-in algorithms to identify the very beginning of a trend when currencies start to diverge from each other and will immediately alert you or send signals to your phone. It uses real price quotes for calculations (Not lagging). You can choose any timeframe you want to trade and there are various options for each timeframe.

Tip:

  • When you activate "Focus only in this chart" parameter, drag and drop any chart to show only 2 lines for each currency in a chart.
Indicator Parameters:
  • Prefix - Symbol prefix.
  • Suffix - Symbol suffix.
  • UPPERCASE_or_lowercase - Most brokers have symbols in uppercase letters.
  • Trading_Strategy - Choose the trading strategy.
  • Maximum_Number_of_Bars_for_Calculations - The maximum number of bars the indicator will stop calculating at.
Day Traders
  • Start_From_Hour - Choose an hour to start from.
This indicator is also suitable for long-term traders. There are 2 (two) options. 
  1. Start from a specified date and time.
  2. Start from a certain number of bars/candlesticks.
There are 2 (two) types of dashboards.
  1. The first one shows the values of all currencies.
  2. The Multi-Timeframe dashboard shows the strength of each currency across all timeframes.
  • The indicator has a special period separator which makes it easier to identify days and time when analyzing a chart. 
  • Enable 'Alerts' to be notified when the indicator identifies a trend and it will play an alert sound (Wave sound file). 
  • Send signals directly to my phone - Signals sent to your phone. 
  • Customize the look of the indicator by changing colors.

All you have to do is spot diverging currencies and trade them. Simple!

More will be explained or clarified in the video, make sure you watch the video using PC browser...

And also check the latest comments in the comments section for examples on how to use it (Use an internet browser to access comments).




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Indicadores
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Igor Pereira Calil
5 (1)
Indicadores
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Teresinha Moraes Correia
Indicadores
Já na quinta atualização , o indicador tem como objetivo indicar a direção do próximo candle, emitindo uma seta de compra ou de venda de forma precisa, caso as condições sejam atendidas. Desde a sua primeira versão, que mostrava os níveis de suporte e resistência no gráfico, até a versão 5 atual, muitas melhorias foram implementadas, como a remoção visual dos níveis de suporte e resistência para evitar o sobrecarregamento da memória. Isso se torna desnecessário, já que as setas são emitidas q
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Nicola Capatti
Indicadores
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1 (2)
Indicadores
The   Volume Spread Analysis indicator   is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool we've ever made. It is a really powerful analytical tool that generates very reliable trading signals. Because it is very user-friendly and understandable, it is suitable for every type of trader, regardless of his experience. What is VSA? VSA - Volume Spr
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Brian Collard
4.6 (10)
Indicadores
The Volume by Price Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, positio
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Peter Maggen
Indicadores
Esta é uma estratégia simples baseada nos níveis BREAKOUT e FIBONACCI. Depois de uma fuga, ou, o mercado continua a mover-se diretamente para os níveis 161, 261 e 423 ou, retorna ao nível de 50% (também chamado de correção) e depois disso provavelmente continua o movimento na direção inicial para os níveis 161, 261 e 423. A chave do sistema é a detecção da barra de ruptura indicada com um objeto retângulo verde (TENDÊNCIA DE CIMA) ou vermelho (TENDÊNCIA DE BAIXO). No momento do rompim
System Trend Pro
Aleksandr Makarov
5 (2)
Indicadores
System Trend Pro - This is the best trend trading indicator!!! Black Friday, ask for 20% discount 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,
Smart Market Analyser
Elias Mtwenge
5 (1)
Indicadores
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
Prometheus Trade Engine MT4
Philip Muga
Indicadores
Prometheus Trade Engine is an indicator that combines price action, ratio based indicator with custom indicators& other lagging indicators to create this leading indicator that has a multi-timeframe approach to trading so that you are able to see what other timeframes are doing all in one chart and give you high probability trade setups to assist you to make a prediction on what is MOST likely to happen in the market going foward Chart Features 1. Reversal Zone It is the rectangular box on
POWR Rise Coming
Trade Indicators LLC
Indicadores
This indicator is SO SIMPLE… when the green Rise Coming arrow appears, a price drop may be on the way! Plain and easy profits! As you receive more than one 'Rise Coming' text signal in a downtrend, it means momentum is building larger for a bull run. HOW TO USE 1. When the green "Rise Coming" text appears, a price jump may be on the way! This indicator Never Repaints! To get the best setting it's a matter of tweaking the indicator until it gives you the best results. Our recommendation, and what
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Versão 2.2 2024.05.13
New Input Symbol_Pair