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OPGTS Currency Strength Meter

3

OPGTS Currency Strength Meter is an indicator created to measure and analyze the currency strength and pass the information to the trader through a graphical display of each currency group's strength rates by percentage. Each bar it shows represents the currency's strength or weakness.

USAGE:


It is useful in two ways for trading:

1. Solo Trading

2. Basket Trading (Currency Group Trading)

HOW TO USE IT EFFECTIVELY

Solo trading: It can be used for solo trading by analyzing the strength of each group of currency. Take for instance, if USD group is having rates less than 30% and Group pair of EUR is having rates greater than 70% or there about, you can just pick EURUSD for trading since both of them have the currency concerned in the rating.

This means you will BUY EURUSD because EUR is stronger than USD at that moment. EUR is generally stronger while USD is generally weak. Therefore placing them together is a good idea of trading to get results. There is a good probability that you will always almost get it right without issues. Try it with demo and see what I am taking about. It is a simple strategy and it works effectively for the traders using this method for their trading.

What you need next to do when you see a signal like this, check if the currency is in the news especially medium or high impacts news, if it is, then wait till after the news to see what will happen next before taking trade if the signal is still there. But if not, then head over to Minute time frame to see if the price is going according to the signal before entering the trade. Also mind the support and resistance levels if the price is approaching any of them, wait to see breakout or reversal before deciding what to do next.

Basket trading: It can be used for what is called "Basket trading". Basket trading is a group of a currency moving together in unison to the same direction. If the rate is below 50%, this means that the currency group is weak while the rate above 50% means that the currency group is strong. You will sell the currency group with weak rating while you will buy currency group with strong rating.

It may not be easy taking trades on each currency pair for the group, you will need a software to trade them together simultaneously, you can purchase our "Basket Trading Panel" Utility for such tasks and you will find basket trading an enjoyable and easy task otherwise be ready to take each trade on each currency of the group.

I may have to sound a note of warning, if you are not used to basket trading and you love to learn how to do it properly, you must start with demo trading and practice a lot of money-management with your account. But if you are a basket trader before, then you have the right tool for your basket trading.

POSITIONING:

You can decide to place your OPGTS Currency Strength Meter anywhere on your chart window through the parameter setting.

Up/down Shift: 10 // Default setting, feel free to adjust according to your preference

Left/Right Shift: 20 // Default setting, feel free to adjust according to your preference

Other parameters:

Signals Popup Alerts: True/false

Signals Sound Alerts: True/false

Background Color: Black by default

***Important: You can use this Mini Currency Strength Meter in conjunction with our "Full Forex Market View Dashboard" to derive an outstanding results always.
Cheers.

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Capture every opportunity: your go-to indicator for profitable trend trading Special Offer: Purchase now to receive free bonuses worth $159! (Read more for details) Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial
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Roman Podpora
4.83 (24)
Reversal First Impulse levels (RFI)    INSTRUCTIONS        RUS       -       ENG              R ecommended to use with an indicator   -   TPSpro  TREND PRO -  Version MT5 A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Main functions: Displaying activ
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Noha Mohamed Fathy Younes Badr
5 (2)
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Connect Indicator
Sukunthakan Ngernbamrung
Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
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Yury Orlov
4.7 (226)
Yeniden boyamadan bir ticarete girmek için doğru sinyaller sağlayan MT5 için en iyi gösterge! Herhangi bir finansal varlığa uygulanabilir: forex, kripto para birimleri, metaller, hisse senetleri, endeksler. MT5 versiyonu burada Oldukça doğru alım satım sinyalleri sağlayacak ve bir alım satımı açıp kapatmanın en iyi zamanını size söyleyecektir. Göstergeyi ödeyen yalnızca bir sinyali işleme örneğiyle videoyu (6:22) izleyin! Çoğu tüccar, Giriş Noktaları Pro göstergesinin yardımıyla ilk işl
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Bernhard Schweigert
4.88 (33)
ŞU ANDA %20 INDIRIMLI! Herhangi bir Acemi veya Uzman Tüccar için En İyi Çözüm! Bu Gösterge, Egzotik Çiftler Emtialar, Endeksler veya Vadeli İşlemler gibi herhangi bir sembol için para birimi gücünü göstermek için uzmanlaşmıştır. Türünün ilk örneğidir, Altın, Gümüş, Petrol, DAX, US30, MXN, TRY, CNH vb. gerçek para birimi gücünü göstermek için 9. satıra herhangi bir sembol eklenebilir. Bu benzersiz, yüksek kaliteli ve uygun fiyatlı bir ticaret aracıdır çünkü bir dizi tescilli özelliği ve yeni
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RelicusRoad Pro
Relicus LLC
4.73 (141)
Şimdi 147 $ (birkaç güncellemeden sonra 499 $ 'a yükseliyor) - Sınırsız Hesaplar (PC'ler veya Mac'ler) RelicusRoad Kullanım Kılavuzu + Eğitim Videoları + Özel Discord Grubuna Erişim + VIP Durumu PİYASAYA BAKMAK İÇİN YENİ BİR YOL RelicusRoad, forex, vadeli işlemler, kripto para birimleri, hisse senetleri ve endeksler için dünyanın en güçlü ticaret göstergesidir ve yatırımcılara kârlı kalmaları için ihtiyaç duydukları tüm bilgileri ve araçları sağlar. Başlangıç ​​seviyesinden ileri seviyey
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Eric John Pajarillaga Aldana
4.61 (18)
TakePropips Donchian Trend Pro   (MT4), Donchian Kanalı'nı kullanarak trendin yönünü otomatik olarak tespit eden ve size ticarete giriş ve çıkış sinyalleri sağlayan güçlü ve etkili bir araçtır! Bu çok işlevli gösterge, bir trend tarayıcı, ticaret sinyalleri, istatistiksel panel, tarayıcı, ticaret oturumları ve uyarı geçmişi panosu içerir. Size ticaret sinyalleri sağlamak ve çizelgeleri analiz ederek saatlerce tasarruf etmenizi sağlamak için tasarlanmıştır! Kullanım kılavuzunu ve kurulum kılavuzu
Tanıtım       Kuantum Trend Keskin Nişancı Göstergesi   , trend tersine dönmeleri belirleme ve ticaret yapma şeklinizi değiştiren çığır açan MQL5 Göstergesi! 13 yılı aşkın ticaret tecrübesine sahip deneyimli tüccarlardan oluşan bir ekip tarafından geliştirilmiştir.       Kuantum Trend Keskin Nişancı Göstergesi       trend dönüşlerini son derece yüksek doğrulukla belirlemenin yenilikçi yolu ile ticaret yolculuğunuzu yeni zirvelere taşımak için tasarlanmıştır. ***Kuantum Trend Keskin Nişancı Gö
PipFinite Volume Critical
Karlo Wilson Vendiola
4.62 (29)
Volume Gives Depth To Price Action! Volume Critical can accurately locate the cheapest areas to place trades. Enter reversals as early as possible to get the best Risk Reward setups! Features Aggressive algorithm that anticipates reversals Volume Classifications Gray Histograms - Normal Volume, average market activity Orange Histogram - Trending Volume, increased market activity Pink Histograms - Overbought Volume, we can wait for further confirmation to sell Blue Histograms - Oversold Condit
FX Volume
Daniel Stein
4.61 (36)
Sabah Brifingimiz aracılığıyla ayrıntılar ve ekran görüntüleri ile günlük piyasa güncellemenizi alın burada mql5 ve on Telegram ! FX Volume, bir brokerin bakış açısından piyasa duyarlılığı hakkında GERÇEK bir fikir veren İLK ve TEK hacim göstergesidir. COT raporlarından çok daha hızlı bir şekilde, brokerlar gibi kurumsal piyasa katılımcılarının Forex piyasasında nasıl konumlandıklarına dair harika bilgiler sağlar. Bu bilgileri doğrudan grafiğinizde görmek, ticaretiniz için gerçek oyun değiştir
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Marzena Maria Szmit
3.67 (3)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
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Opengates Success International
5 (2)
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Forex TrendsRider
Opengates Success International
System Introduction Fx TrendRider is an amazing EA that takes pips as easy as the market itself because it rides with the trends and masters the trend direction and market conditions as it is at any point in time. Money Management The default lot size setting is 0.10, you can start with that first and see how it goes, then you can increase your lot according to your account balance but do not trade with the money you cannot afford to lose even though with time, you will discover that you can u
Femade Indie
Opengates Success International
Femade Indie Vs 1.0 is a simple but multi-currency monitoring Indicator created to instantly notify the trader when an attached currency pair is ready to buy, sell or give signal when such currency pair is getting ready for a big move either up or down. It does this by visual aids on the screen charts, sound and pop-up alerts. If it shows " Medium ", this means that the so called currency signal is almost gone but can still be traded provided the trader will not need a lot of pips which can be b
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Opengates Success International
Olofofo Fx Scanner is a Custom Indicator created to scan through the currency pair it is being attached to in the market on ALL time frames simultaneously from a Minute to Monthly looking for just 3 things that make Forex trading exciting and worthwhile to invest in. Once these are found, it alerts the User immediately for a timely action on the part of the Trader. This is a self-fulfilling prophecy of the market, meaning that even if you are a newbie, by the time you see the graphical display o
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Eureka OpgtsFx
Opengates Success International
Eureka OpgtsFx is a Custom Indicator created to alert the trader when there is a cut-across trend correlations from Daily (D1) to Monthly (MN) Time frames with the belief that the major trend dominates the market and also save the traders from being eaten for breakfast by the big dogs in the financial industry. This indicator is suitable for both the Swing and the Long term Traders due to their peculiar styles of trading and waiting for days, weeks or probably months before taking their profits
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Opengates Success International
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DoubleUp System
Opengates Success International
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Orders Closing Wizard
Opengates Success International
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Opengates Success International
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Opengates Success International
5 (2)
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Opengates Success International
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Opengates Success International
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Basket Trades Panel
Opengates Success International
Basket trading is very interesting for those who are familiar with it. It is also very profitable if you know your way round BUT can be very destructive to anyone’s account if care is not taken. However, there are Basket traders all around making good incomes with it with ease. What it can do: This utility is created for them to remove the stress of opening trade on each of the currency symbol group. At just a click, it opens the symbol’s entire group of currency pair ORDERS in any of the direct
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Opengates Success International
Symbol and Time frame Changer is an indicator created to save the trader from the stress of opening several charts windows on PC by enabling him or her to switch from one Currency pair to another and also be able to switch from one Time frame to another (displays the whole 9 Time frames) with the aid of the buttons on the chart. ·          You can customize the color of the buttons to your preferred color ·          You can choose the size you desire for the buttons ·          You can also choos
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Opengates Success International
Forex Daily Percentage Calculator Forex Daily Percentage Calculator indicator is created for the Trader who cherishes the discipline of choosing only a percentage of their Trading account balance as profit per trade, per time or day. All you need to do is enter your desired percentage of your account balance, enable the notification popup alert to know when it has been attained so as to get out of the market till another day or trade. This helps the traders who are using it to determine a certai
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Opengates Success International
Auto Chart Updater Indicator is created to update the window chart for any indicator, expert or any trading program receive fresh data retrieval at xx period interval set by the user as a preference. It is laced with on-chart Candle clock to give the user the sense of time when the updater would refresh the chart or the remaining time for the candle/session to end. It also has an option for the user to choose when exactly does he/she wants the Updater to update the chart. The User can also selec
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Opengates Success International
MINI FFMV Dashboard MINI FFMV Dashboard is a MINIATURE custom indicator of FULL FOREX MARKET-VIEW DASHBOARD created to give the Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make a successful trading. It shows as many as 30 currency pairs or as allowed to display in the Market Watch of your MT4 USAGE: For Solo Trading For Basket Trading (See the screenshot on how) COMPONENTS: Trend: Overall tren
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Opengates Success International
1 (1)
Mini Forex Market-View Dashboard and Mini-CSM Mini Full Forex Market View Dashboard is a miniature creation of FULL FOREX MARKET_VIEW Custom indicator created to give the Traders a full view of what is going on in the market but in a partial matter to make it conscise. It is useful most especially for those who don't like bogus indicators or those who have a PC with limited screen size. It uses a real time data to access the market and display every bit of information needed to make a successful
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Opengates Success International
MicroMini FFMV Dashboard This is a custom indicator created to give Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make successful trading. THIS IS A MicroMini size of the FULL FOREX MARKET VIEW DASHBOARD INDICATOR. This is for those who don't like the Indicator to cover all the charts and for those who don't like BOGU S things. They practically perform the same operation but MicroMini FFMV Dashb
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Opengates Success International
MicroMini FFMV Dashboard+CSM This is a custom indicator created to give Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make successful trading. To add value to the trading operation, Currency Strength Meter is added to it in order to consolidate the effective work of this indicator. THIS IS A MicroMini size of the FULL FOREX MARKET VIEW DASHBOARD INDICATOR with CSM added. This is for those who
Mini Crypto Trading Dashboard
Opengates Success International
Micro Crypto Trading Dashboard This is a custom indicator created to give CRYPTO TRADERS a full view of what is going on in the Crypto market. It uses a real time data to access the market and display every bit of information needed to make successful trading. This is a Micro size of the Compact Crypto Market Trading Dashboard Indicator created mainly for trading Crypto Currencies Markets for a living. They practically perform the same operation but MicroMini FFMV Dashboard has a few feature
Compact FFMV Dashbaord
Opengates Success International
Compact FFMV Dashboard Compact FFMV Dashboard is a little trimmed custom indicator of FULL FOREX MARKET-VIEW DASHBOARD created to give the Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make a successful trading. It shows as many as 30 currency pairs or as allowed to display in the Market Watch of your MT4 USAGE: For Solo Trading For Basket Trading (See the screenshot on how) For Signal confirmat
GridBreakTimeSuper
Opengates Success International
GridBreakTimeSuper is a Utility created based on grid trading strategies. It opens any number of Buystops and Sellstops orders respectively as defined by the User with a predetermined gap up and down from the current price as also set by the User. This EA works based on time set by the User for opening and closing of all orders and trades once in a day according to the time set by user. The general idea here is that each currency pair has specific time that breakout is always most likely as ther
Multiple Orders
Opengates Success International
5 (1)
MULTIPLE ORDERS UTILITY Multiple Orders Utility is created to give easy profits-making trades with a little movements and without going long distance to get it all. This Utility opens multiple orders as many trades as the number specified by the User or as many as permitted by your Broker in the same direction on the same currency pair simultaneously. The idea behind it, is that instead of running after 100 - 200 pips which may not likely be attainable in the record time or may NOT even b
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FX Optimist
134
FX Optimist 2019.07.17 06:49 
 

Review pending further work by the developer. This looks like a good system to evaluate currency strength.

İncelemeye yanıt
Sürüm 1.3 2019.08.02
These were the updates done to it:

* Periodical updates and chart refreshing were successfully added.

- The user can now choose the time he/she wishes for OPGTS Currency Strength Meter (CSM) to update for fresh data.

-These are the time/periods that can be used:

=> M1 = 1, M5 = 5, M15 = 15, M30 = 30, H1 = 60, H4 = 240, D1 = 1440 & W1 = 10080 and it shall updates when the time interval reaches. Any value apart from these will not work with the indicator!

* The user can place the whole indicator pack on any time frame but it will return to the user's selected period in the parameter setting. This means that the user can select the Time-frame window he/she wants the indicator to be while it updates from the parameter setting.

* The background color can be chosen now according to the user's preferences.

* Candle time was also added for the user to know the remaining time for the bar/candle according to the chart it was attached and the updates to take place.

* Updating Alert popup was also added to be aware of when the indicator updates. The user can disable this if not needed.

*** More updates to come later due to the Users' experiences and comments.

Thanks
Sürüm 1.1 2019.07.15
The codes were re-engineered to improve its performances.

It was also given a touch to increase the data retrieval speed for timely information passage to the Trader.

More updates are coming based on the user's experiences and more research to make it work better.

Thanks for your interest.