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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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Indicadores
A VELOCIDADE DE TRANSAÇÃO é o indicador da mais alta qualidade que mostra onde e quando grandes ordens se acumulam no mercado e os benefícios disso. Detecta mudanças de tendência numa fase muito precoce. É simultaneamente um indicador e um sistema de negociação. O conceito é único e incrivelmente lucrativo. No Forex, o volume de ticks é erroneamente chamado de volume. Na verdade, é a variação de preço por unidade de tempo, que de facto é a VELOCIDADE DE TRANSAÇÃO. Este indicador revê completa
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Elias Mtwenge
Indicadores
NOTE: PRICE WILL RISE VERY SOON. DON'T SKIP THIS OFFER! Dear traders I am glad to introduce the " Market Swing Scanner Board" indicator to you. This indicator was made mainly to be used in combination with the Market Swing Index Indicator. You use the  "Market Swing Scanner Board"  indicator to scan for trading opportunities on the  Market Swing Index Indicator . This tool is designed for serious traders who have decided to make a difference through trading. Be the next person to witness this st
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Kundan Kumar Srivastava
5 (1)
Indicadores
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
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3 (2)
Indicadores
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Harikrishna Darapaneni
Indicadores
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Indicadores
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
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Indicadores
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Indicadores
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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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Versão 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.