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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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Bomb Bank Signal: O Seu Indicador de Confiança no MetaTrader 4 O Bomb Bank Signal é um poderoso indicador para MetaTrader 4, projetado para identificar as tendências mais relevantes no mercado financeiro. Se você está buscando uma ferramenta que antecipe movimentos com precisão, o Bomb Bank é o aliado que você precisa. Como Funciona: Este indicador combina três métodos distintos – análise de volumes, fechamentos de vela e tendência simétrica – para detectar e sinalizar oportunidades de compra e
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
The indicator is designed to work on any trading platform. The program is based on proprietary algorithms and W.D.Ganna's mathematics, allowing you to calculate target levels of price movement based on three points with the highest degree of certainty. It is a great tool for stock trading. The indicator has three buttons: NEW - call up a triangle for calculation. DEL - delete the selected triangle. DELS - completely remove all constructions. The probability of achieving the goals is more than 80
PZ Trend Trading
PZ TRADING SLU
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O Trend Trading é um indicador projetado para lucrar o máximo possível com as tendências que ocorrem no mercado, cronometrando retrocessos e rupturas. Ele encontra oportunidades de negociação analisando o que o preço está fazendo durante as tendências estabelecidas. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Negocie mercados financeiros com confiança e eficiência Lucre com as tendências estabelecidas sem ser chicoteado Reconhecer retrocesso
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
O indicador " ZigZag on Trend " é um assistente na determinação da direção do movimento dos preços, bem como uma calculadora de barras e pips. É composto por um indicador de tendência que monitora a direção do preço com uma linha de tendência apresentada em forma de zigue-zague e um contador que calcula o número de barras passadas na direção da tendência e o número de pontos na escala vertical. (Os cálculos são realizados abrindo a barra) O indicador não é redesenhado. Para maior comodidade, é d
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Stefano Frisetti
5 (3)
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
Dragon Multi Indicator MT4
Mansour Babasafary
5 (4)
3 Indicators in 1 indicator Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This indicator is basically 3 different indicatos . But we have combined these 3 indicators in 1 indicator so that you can use 3 indicators at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : No repaintin
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This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a Blue line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT COLOR and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. https://www.mql5.com/en/market/product/115553
This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" Channel indicators incorporate volatility to capture price action. The Bollinger Bands is widely used, however, there are other options to capture swing action opportunities. Each study you will find here is unique, and reveals different types of price action. https://www.mql5.com/en/market/product/116256 https://www.mql5.com/en/market/product/115553
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Hi This is the first robot that trades XAUUSD   I check the news every single day and I take advantage of any opportunity that has technical, fundamental, and sentimental confirmation! The money will come out of impatience traders' pockets to patient's pockets!  In this market, you're going to compete with smart people! They're trying to get your money, and you're trying to get theirs! Using the most accurate and active market analysis, I'll do my best! Wish you luck! Digts 2 TakeProfit   5
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Versão 2.2 2024.05.13
New Input Symbol_Pair