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Currency Strength Meter Pro for EA MT4

Currency Strength Meter is the easiest way to identify strong and weak currencies. The indicator shows the relative strength of 8 major currencies: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD.


By default the strength value is normalised to the range from 0 to 100 for RSI algorithm:

  • The value above 60 means strong currency;
  • The value below 40 means weak currency;

The indicator is created and optimized for using it externally at an Expert Advisors or as a Custom Indicator inside your programs.

For direct usage as an indicator there are several special versions for it:


Currency Strength Meter indicator supports many powerful features:
  • Currency Strength Meter Graph (shows strength of currencies with graphic lines);
  • Allows to calculate average currency strength from specified timeframes;
    • Many algorithms for calculation of currencies strength (MACD, RSI, CCI, RVI, MFI, Stochastic, DeMarker, Momentum);
    • Moving average smoothing (allowed to smooth result with specific algorithms);
    • Latency (allowed to calculate currency strength with specified interval, thus it takes less time for calculation);


    The indicator needs history data of all 28 major currency pairs and 9 timeframe.

    Use the Expert Adviser DownloadHistory28a9.ex4 to download market history data automatically: https://www.mql5.com/en/blogs/post/728216.


    Relative links:


    Communication:

    • Join  Take Profit Channel to get latest news and updates.
    • Join Take Profit Group to discuss products of author.
    • If you want new feature contact me please.


    Take profit!



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    Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the data of all 28 major currency pairs
    Currency Strength Meter is the easiest way to identify strong and weak currencies.   The   indicator shows the relative strength of 8 major currencies: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; The indicator is created and optimized for using it externally at an Expert Advisors or as a Custom Indicator inside your programs.
    Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the data of all 28 major currency pairs
    Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the history data of all 28 major currency
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    Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the history data of all 28 major curren
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    Trend Power for MT4
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    Trend Power Indicator is an indicator which helps to identify trend direction and its power by using moving averages ZigZag pattern and correlations of tradable instruments. It provides trend power data with user-friendly interface which can be read easily and fast.   This indicator by default is configured for trading of Adam Khoo's ( Piranhaprofit ) strategies. It saves mass of time for searching of tradable pairs by his strategies. It indicates when all required moving averages are alignment
    Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the data of all 28 major currency pairs
    News Scalping Executor is an advisor which helps to trade news with high impact and huge volatility. This advisor helps to create two opposite orders with risk management. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. To be profitable with this type of trading you should choose the most volatile types of news such as: GDP, CPI, Unemployment Claims, Intere
    News Scalping Executor Pro is an advisor which helps to trade news with high impact and huge volatility. This advisor helps to create two opposite orders with risk management and profit protection. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. It can lock profit by moving stop loss or partially closing of orders. To be profitable with this type of trading
    Chart State Saver for MT4 is utility which helps to save states of all your charts even if they will be closed. And then all saved charts' states can be easily loaded back to charts. It stores templates for each particular currency pair and automatically applies them to charts once they will be opened at next time. Also they can be applied to the charts by your own needs. Thus you can close any chart at your MT4 without scaring to lose chart's data like drawls, messages, chart styling and so
    The MA Bounce Strategy is a strategy that seeks to long FX pairs on a strong uptrend as they bounce off their MA support and shorting FX pairs on a strong downtrend as they bounce off MA resistance. The best suitable periods of moving averages for that strategy are 18, 30, 50. This indicator helps to identify and find place for potential market entry by MA bounce strategy. Read   More information about  MA Bounce Strategy . By default MA Bounce Strategy indicator is configured for trading of M1
    News Scalping Executor is an utility which helps to trade high impact and huge volatility   news . This utility helps to create two opposite orders with risk management and profit protection. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. It can lock profit by moving stop loss or partially closing of orders. To be profitable with this type of trading you sh
    News Scalping Executor Pro is an utility which helps to trade high impact and huge volatility news . This utility helps to create two opposite orders with risk management and profit protection. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. It can lock profit by moving stop loss or partially closing of orders. To be profitable with this type of trading you
    Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the history data of all 28 major curren
    Chart State Saver for MT5 is utility which helps to save states of all your charts even if they will be closed. And then all saved charts' states can be easily loaded back to charts. It stores templates for each particular currency pair and automatically applies them to charts once they will be opened at next time. Also they can be applied to the charts by your own needs. Thus you can close any chart at your MT5 without scaring to lose chart's data like drawls, messages, chart styling and so
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    Sürüm 4.0 2023.12.18
    Improved CCI algorithm and its coordinate system is converted to dimension from 0 to 100 values.
    Improved RVI algorithm and its coordinate system is converted to dimension from 0 to 100 values.
    Improved Momentum algorithm and its coordinate system is converted to dimension from 0 to 100 values.
    Improved DeMarker algorithm.
    Improved MACD algorithm.
    Added ADX algorithm for instruments' volatility measurement (not to measure strength, the higher the value, the higher the volatility of the instrument).
    "Update on every tick " now updates CSM data if new quote would be received for any of monitoring pairs.
    Updated contact information at indicator's "About" property tab.
    Improved logging.
    Recompiled with new MQL compiler and others minor improvements and fixes.
    Sürüm 3.0 2023.02.17
    Improved support of partial strength calculation if not all required history data is available.
    Improved indicator work stability.
    Improved trace messages.
    Fixed mistype at trace messages.
    Fixed out of range error in some cases.
    Sürüm 2.20 2022.10.17
    Added MACD algorithm for currencies' strength value calculation.
    Sürüm 2.12 2022.08.30
    Workaround incorrect GBP symbols parsing by IG broker.
    Sürüm 2.11 2022.08.23
    Workaround incorrect symbol parsing by IG broker.
    Sürüm 2.10 2022.07.25
    Improved strength value calculation if new candle for some pairs of 28 is appeared and for some pairs of 28 new candle is not appeared yet (haven't received new ticks for some pairs of 28 at time when new candle should be formed).
    Sürüm 2.0 2022.06.19
    Added "Disabled" log level and it's used by default.
    Improved strength calculation speed.
    Improved log messages and added new messages to log.
    Workaround incorrect symbol parsing by XM broker.
    Refactoring and many other improvements.
    Sürüm 1.5 2022.01.03
    Added tracing for terminal information, broker information, MQL program information and input parameters information.
    Sürüm 1.4 2021.07.31
    Fixed DeMarker algorithm name.
    Optimized currency strength calculation by caching values for every update.
    Momentum algorithm values for strength calculation is multiplied by 100.
    RVI algorithm values for strength calculation is multiplied by 100.
    Sürüm 1.3 2021.04.05
    Fixed indicator buffer index out of range error for some CSM Algorithms.
    Sürüm 1.2 2020.12.31
    Fixed "cannot set millisecond timer (16)" error while loading indicator via iCustom.
    Sürüm 1.1 2020.11.17
    Added support for current chart timeframe for all expressions.
    Fixed updating indicator data when market is closed, when there is not any ticks.