multi-currency true strength indi, based on all new algorithm

Hi all
Here for you to test , my latest currency strength indicator , based on a all NEW algorithm !

some points:
setting the time frame value causes the values to be reset on that timeframe
example: selecting H4 , all values reset every 4 hours.
prefix is not implemented
indi can be run on any timeframe
does not use moving average or anything like that.

so how you all getting on with this indi ?

would love to get some response here , or are ya all still looking for the holy grail ?

Interesting. Can you give us a little more background as to what we are looking at?

what does it use?

Sub, will check it out

Hi buju

I get a zero divide error (431,53) when loading indicator and nothing is displayed.

Something not quite right ??

hello,
your indicator does not update, i need to change timeframes to see the changes

ok guys
if you are trading daily , the best timeframe to use would be "daily" or H4 , reason : we need a starting point to measure strength and that would be when a new day or h4 opens.
if you are on a 15m chart , and you set timeframe to 15 , then the starting point is reset every 15 minutes , but you are on a 15m chart so its not going to show any usefully info. re: pipatronic's post.

also , do not set the timeframe less than the chart timeframe , thats probably causing the zero divide error , and anyway you cant reset faster than the chart timeframe -lol

as for updating , the indi will only update on a new bar , ive programmed it like that else the load on the pc is extreme.

but thank you for the feedback , I really do believe in this indi as a 1 stop only trading tool , and Im devoting all my time into it at the moment.
look up a old post of mine on the 3rd dimension , basically a chart is time /\ price , and time is constant so the only DYNAMIC change is price , but there is a 3rd dimension , that is the strength of a single currency (not currency pair) as measured by its dynamic movement compared to other currencies measured from a starting point.

any and all indi's that do not take this into consideration are useless imho , as all they can measure is a price movement and do fancy calculations over a average period of time .

today would have been very profitable as the currencies fluctuated
my timeframe is set to daily , the other setting are just for aesthetics.

this is possibly the final version

all settings are default the way I use them.

there is a new setting: brb0 , 'bars read back'
this will calculate a value for the symbols divergence for the number of bars back, ie: the strength x bars back.
its a bit experimental , so I wanna see how it works out.

version expired