Currency Strength Indicator

Quoting GoopFX

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I found couple of very small easy to use currency strength meters for mt4 and i share with the world. My fav is CM Strength (select 240(4H) time frame) it updates the current market moves n definitely useful. for example, lot of time i want to trade commodities pair (AUD or NZD) as i see gold rising, so this strength meter tells me which is better choice... so here i am sharing a few useful indicators for currency strength. i like spaghetti indicator for currency strength but its confusing to follow which line reps which currency and also this eats...

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Quoting GoopFX

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oops here is the MTF version of CM Strength, as suggested select 240 (4h) time frame for good observing of momentum including screenshot for better preview. {file} {image}

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Quoting flotsom

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I am hoping I can improve the use of currency strength indicators, but before I proceed I would like to know if what I'm proposing is even possible and if so, how practical/easy to implement. The typical strength indicators will give some representation of how much a currency has moved compared to all other currencies it's matched with, and of course this let's you see if typically the USD is strong when compared to other currencies. These indicators will let you identify a strong currency and a weak one, and then you can select the corresponding...

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Quoting GoopFX

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oops here is the MTF version of CM Strength, as suggested select 240 (4h) time frame for good observing of momentum including screenshot for better preview. {file} {image}

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Quoting Ronald123

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{quote} Thanks GoopFX! I've made some changes so the indicator takes a little less space on the charts (hover your cursor over it to check which time frame its using for currency strength calculations). {file}

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// # this code will compile and execute on MQL4 & 5, NinjaScript, NinjaTrader 7 & 8, cAlgo, ACSIL SierraChart
// Linkers::X→theNextBigThing; C++ HFT Algorithmic Trading Platform
// https://www.forexfactory.com/showthread.php?t=725512
// https://github.com/LinkersX
 
  
 
#include<LinkersX.h>
 
struct CurrencyMeter
{
USD,
AUD,
GBP,
EUR,
JPY,
NZD,
CAD,
CNY,
};
 
xCurrencyMeter meter1;
CurrencyMeter cm1;
 
meter1.get(cm1, 5); // get currency meter lookBack is 5 bars/

Quoting afsarfx

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please add settings show only pair in the chart {file}

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Quoting afsarfx

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please add settings show only pair in the chart {file}

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Quoting afsarfx

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please add settings show only pair in the chart {file}

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Quoting loozers

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This is a professional accurate buy sell indicator analyzer.It is not for sharing but show what you can make ,if you work hard.It made 600 pips last week on fx and 600 points the week before on indices.It is all fully automated. Can someone code this for the community? {image} {image}

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Quoting dexterous

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{quote}Send me I will code it in 3 days time

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Quoting dexterous

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Anyone who has this quantum currency strength indicator. Pls share {image}

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