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Currencies Strength Meters

Currencies Strength Meters

:::: It is programmed to work on any M5 Chat windows !!

Used to determine the Strongest currency pairs and the Weakest pairs

also detect the peak of deviation of currencies strength 

IT CAN BE USED FOR INDICES AND STOCKS TOO !!

Strategy one : It can be used in to BUY Strongest pair and SELL Weakest one

Strategy two: It can be used on Daily basis to Hedge BUY Strongest pair with high % (ex: +1%) and BUY Weakest one with % lower(ex: -0.7%) the same with SELL 

Strategy three: on 3days  or above calculation : you  can detect currencies strength lines crossing each other. 

IMPORTANT NOTE: This is a multi-currencies mql4 indicator : so it may not be back-tested in strategy tester module unless you have downloaded all selected currencies data history

can combine up to 20 currencies pair

You can click any symbol on graph to open its Graph for placing orders

Strength Calculation works:  from beginning start of a Day , 1 Day ,2 Day---> 1 week

It works on any M5 Chat windows 


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Buy Sell Zones
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Multi Strategies Single Combined   Select from up to 6 Strategies solo or Combine different strategies for signal generation  (Combining more than 2 strategies may LIMIT a lot the number of signals)! ALL inputs and Strategies selection From Chart !!! Also Inputs editing from Chart !!! Push your strategy bottom (one strategy) OR Combine signal from as may strategies (up to 6) : Selected and enabled strategies will be in GREEN !!! 1- BUY SELL areas 2- Support resistance break signal 3- Elliot wave
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SYMBOL POWER based on inputted 5 time frames and Compared to 20 Other Symbols !! Great Indicator YOU DON'T HAVE TO SHIFT ON ALL TIME FRAMES FOR EACH CURRENCY PAIR TO CONCLUDE ITS TREND AND ITS POWER YOU HAVE IT ALL IN ONE TABLE , 20 CURRENCY PAIR WITH 5 TIME FRAMES ALSO , COMPARE BETWEEN CURRENCIES STRENGTH AND ALERTS THE STRONGER /WEAKER PAIR BASED ON 5 TIMEFRAMES CALCULATIONS ALEERTS enable /disable using 5 time frames M5 M30 H1 H4 and D1     ( latest version You SELECT you own 5 timeframes fr
TWO SYMBOLS CORRELATION  line indicator    It compares the power/strength lines of two user input symbols and create a SMOOTHED line that indicates the degree of deviation of the 2 symbols Strategy#1- FOLLOW THE INDICATOR THICK LINE when CROSSING O LEVEL DOWN --- TRADE ON INDICATOR THICK LINE (TREND FRIENDLY) !! Strategy#2- TRADE INDICATOR PEAKS (Follow indicator Reversal PEAKS Levels)!! you input - the index of calculation ( 10/20/30....)                 - the indicator Drawing start point (ind
Symbols Strength meter Graph  :::: It is programmed to work on any M5 Chat windows !! Used to determine the Strongest currency pairs and the Weakest pairs also detect the peak of deviation of currencies strength  IT CAN BE USED FOR INDICES AND STOCKS TOO !! Strategy one : It can be used in to BUY Strongest pair and SELL Weakest one Strategy two: It can be used on Daily basis to Hedge BUY Strongest pair with high % (ex: +1%) and BUY Weakest one with % lower(ex: -0.7%) the same with SELL  Strateg
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Trend Follower and Reversal Trend handler * EA opens X Lot position (calculated according to Lot risk value) with trend with indicated TP if Trend reversal occurs * EA opens 5 X Lot (if input " Reversal Lot scaling" = 5     ) position with reversal trend with indicated TP and same SL for old trend position * Increasing LOT risk value + Increasing Reversal Lot scaling value = High Risk and High Profit and High DD * Decreasing LOT risk value + Decreasing Reversal Lot scaling = Low Risk and Low Pr
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Versão 1.22 2020.08.04
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