Currency, not pair, trading

I'm going to try to explain this as well as I can.

I'm working on a system that trades a pair based on what the 2 currencies that make up that pair are doing. What we're looking at is how many pips (+/-) each currency has depending on how each of their corresponding pairs are doing. Example: EURUSD is long Close-Open=200 pips. So, EUR is +200 pips and USD is -200 pips on this pair. It's a simplistic view, but I hope it gets the point across (I use 2 moving averages listed below instead of open and close).
See the screenshot below.
Here's what the indicators are, from bottom up:
HL Volatility (red line indicator) - what I use to determine stoploss distance. It's a moving average of volatility (High-Low).
Currency Diff (Histogram) - It's the difference in the 2 currency's from Currency pips indicator.
Currency pips indicator (2 lines) - A calculation of how many pips each currency has (how it's calculated is included in the files).
The arrows are from the currency arrows indicator that drive the trading signal (based on consecutive bars from Currency Diff.
And 2 moving averages - 4 Smoothed on Close price with another 4 Smoothen on Close price but shifted 4.

As you can see the arrows give some good trade signals. But I'm trying to "weed out" some of the losing signals. Ie., trying to refine this.

I'm including the source code of all indicators because I can't think and type at the same time.

All files except Currency Indicator Helper.mqh go in the indicators folder. Mqh file goes in the include folder.

The pairs needed are: EURUSD, GBPUSD, AUDUSD, USDJPY, USDCAD, NZDUSD, USDCHF, EURAUD, EURCAD, EURNZD, EURGBP, EURJPY, AUDCAD, AUDJPY, AUDNZD, GBPAUD, CADJPY, GBPCAD, NZDCAD, GBPJPY, NZDJPY, GBPNZD, GBPCHF, NZDCHF, CADCHF, AUDCHF, CHFJPY, EURCHF
Current chart is 1 hour.

After each time period, it will be possible to compile a table according to the points obtained as in football.

There is an indicator, currency strength, which could be useful to you. I have also modified it to show just the current cross. I have been trying to formulate a strategy similar to yours but so far I have struggled. I'll post the indicators later.

Thanks Spikehunter.

I think I know the indicator you speak of. I didn't use because it wasn't quite what I was looking for. But, I'll wait to see the code you publish.

The 2 indicators I mentioned.

Thanks. I'll study them.

To analyse currencies and not pairs is a very important approach.

To do the math correctly, use fractions (percentages) of changes and not pips. Each pair has a different scale in pips.
See my GitHub repo with some tools regarding this topic.

An exsample of a currency analyses tool (the last day in 15 minute steps):

I had something with %'s once, but it failed. So, I've gone back to pips. I get it, they're all on different scales. (someone suggested this: https://www.forexfactory.com/thread/...0#post13601860 ). I've been toying with it. Wonder what your thoughts are on it.

I'm the someone

It's actually how you get the percentages.
You have no other choice than using percentages, otherwise you would compare apples with oranges, resulting in distorted calculation.