Currency Strength Indicator | Page 23 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Can someone fix this currency strength indicator? 37 replies

Currency Strength Indicator 1 reply

Help with CC currency strength indicator 0 replies

Individual Currency Strength indicator 1 reply

Derived Currency Strength Indicator from multiple pairs 0 replies

Attachments: Currency Strength Indicator
Exit Attachments

Currency Strength Indicator

  • #441
  • Feb 17, 2023 4:28am Feb 17, 2023 4:28am
Each numbered sphere corresponds to an ADR level
Attached Image (click to enlarge)
Click to Enlarge Name: 02_sup-res_Cattura.PNG Size: 30 KB
Attached File(s)
File Type: ex4 ADR_9-base.ex4   44 KB | 450 downloads
  • #442
  • Feb 17, 2023 4:52am Feb 17, 2023 4:52am
Quoting PlSoft
HI Cancel and replace the previous one. Added ADR level and BitRatio hourly storage {file} {image}
I think this is at the point where it needs its own thread, with complete description and detailed instruction on how to use it.

Cheers

It takes a lot for me to IGNORE you, but you can try.
  • #443
  • May 8, 2023 3:07am May 8, 2023 3:07am
Quoting PlSoft
HI Cancel and replace the previous one. Added ADR level and BitRatio hourly storage {file} {image}
PiSoft,
What a great dashboard. Thank you for sharing.

Is there any detail explanation on the middle portion ? Every CURRENCY has 7 pairs within it group. Would like to learn what are the meaning of various numbers bars and soforth that I marked A, B, C.

Thank you again for sharing.
Attached Image (click to enlarge)
Click to Enlarge Name: PISoft Dashboard.JPG Size: 144 KB
  • #444
  • May 15, 2023 10:46am May 15, 2023 10:46am
Quoting ctnie2143
{quote} PiSoft, What a great dashboard. Thank you for sharing. Is there any detail explanation on the middle portion ? Every CURRENCY has 7 pairs within it group. Would like to learn what are the meaning of various numbers bars and soforth that I marked A, B, C. Thank you again for sharing. {image}
It do not work with me
  • #445
  • May 28, 2023 2:44am May 28, 2023 2:44am
Quoting classy
{quote} please consider to create one percentage change mutipair ,multi time frame adr dashboard. Thanks in advance. I want one dashboard like adr2 indicator but multi pair and multitime pease consider 1hour and 4 hours .please check image and attached indicators _template please.it will be nice tool for monitor al pair ,range and which move more adr & less adr % . Thanks in advance. {file} {file} {file} {file} {image}
req to all master coder please if possible create one multipair dashboard
Say something meaningful or Silence!!
  • #446
  • May 28, 2023 4:37am May 28, 2023 4:37am
Quoting classy
{quote} req to all master coder please if possible create one multipair dashboard
This one is good. MTF, ATR based, currency strength and many, many more functions.....basically everything you need for day trading Forex. And very good position management system especially if you like to trade several pairs at the same time. The positions and the trades are sorted separately for each symbol.

Attached Image (click to enlarge)
Click to Enlarge Name: fx28 dashboard.png Size: 55 KB
  • #447
  • May 31, 2023 6:25am May 31, 2023 6:25am
Quoting PlSoft
Each numbered sphere corresponds to an ADR level {image} {file}
The mtf, multipair dashboard by the right doesnt show from attached indicator. Please how do i make it appear?
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #448
  • May 31, 2023 6:27am May 31, 2023 6:27am
Quoting PlSoft
{file} {quote} Hi I corrected the error. Try now.{image}
What's the strength meter by the right?
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #449
  • May 31, 2023 8:22am May 31, 2023 8:22am
Quoting PlSoft
Hi I added the columns I was asked for. Try it on the open market. {image} {file}
hi mate consider to add one more column for adr and adr % please.thanks
Say something meaningful or Silence!!
  • #450
  • Jun 8, 2023 11:09am Jun 8, 2023 11:09am
Quoting PlSoft
Each numbered sphere corresponds to an ADR level {image} {file}
Attached File(s)
File Type: mq4 Gann_SQ9_2.mq4   14 KB | 396 downloads
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #451
  • Jun 8, 2023 12:46pm Jun 8, 2023 12:46pm
Trading the strength is always great....
I saw a video... 5 types of trading the strength... feel free to post if you find it...
Vucking good EA coder... https://t.ly/AZjRM
  • #452
  • Jul 16, 2023 2:43pm Jul 16, 2023 2:43pm
Quoting PlSoft
HI Cancel and replace the previous one. Added ADR level and BitRatio hourly storage {file} {image}
PiSoft, this "Dashboard - Power MeterV4_Fix.ex4" is good code. Any chance you can post or pm the source code so that I can convert to MQL5? It looks like you already posted the source code to a prior version, so I don't think there'd be a problem posting the source to this most-recent one (from Feb 2023). Thanks.
  • #453
  • Aug 7, 2023 5:49am Aug 7, 2023 5:49am
Quoting PlSoft
Each numbered sphere corresponds to an ADR level {image} {file}
Thanks sharing.
Test at Tokyo and London time, it opened 6 buy orders *jpy, ok. But strongest is USD, it missed.
And indicator like "PairstrengthAnalyzer" or RelStrength" can get strength like xau or index, can you use this method?
  • #454
  • Sep 10, 2023 11:48pm Sep 10, 2023 11:48pm
Quoting PlSoft
HI Cancel and replace the previous one. Added ADR level and BitRatio hourly storage {file} {image}
PiSoft,
What a great dashboard. Thank you for sharing
Would you add Buy or Sell Alert when the signal comes up?..
Thank you..
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_20230911114332.png Size: 43 KB
  • #455
  • Sep 11, 2023 7:11am Sep 11, 2023 7:11am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 68 KB


Give me a couple of weeks to finish the testing. Then I update and explain how to read the signals.
  • #456
  • Oct 2, 2023 10:19am Oct 2, 2023 10:19am
Hi PlSoft, very nice job.

I was looking for a "currency strength" indicator and I found this thread.
I started testing "Dashboard - Power MeterV4_Fix.ex4" on Demo account last Thursday.
I use all default input values except for autotrade.

As per your last posted image, I understand I don't have the latest version.
Can't wait to see next release.

As default Inputs contain no SL and TP, I actually set SL to BE+2 at 20 pips, then TrailSL by 35 pips.

That's nice for trades that goes in profit, but for those going in neg, what do you think about an option to close trades when the indicator detect a reversal situation?

In this example, it has opened a Buy on EURGBP Friday and the indicator is now showing a Sell.
As I'm not sure to understand each and every numbers displayed. I just ask.

Thanks again sir, that's a very huge Dashboard.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP_Buy_goes_to_Sell.png Size: 19 KB
  • #457
  • Oct 3, 2023 10:45am Oct 3, 2023 10:45am
I just did a quick verification.

I do open "\MetaQuotes\Terminal\DFB....46D\MQL4\Files\Research\AUDUSD.csv"
Looking at [ B ] or [ S ] and I draw lines on the chart, for each and every first B or S in the file.

I do have 3 Buy and 4 Sell, but the script never opened a trade on this pair.
I understand some other criteria's need to be met in order to open a trade, that's fine and safe.

As my last post was about to close a Sell if ever a Buy comes true, I found this relevant.
Got to verify all 28 pairs for a longer period of time, but actually it looks very nice.

Did you ever seen it that way?
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD__CSVfile_verification.png Size: 24 KB
  • #458
  • Oct 3, 2023 12:39pm Oct 3, 2023 12:39pm
HI
I'm happy that you liked the dash and that you use the generated exell files to improve the signals.
You will never see automatic operations because I have never written the code and honestly I absolutely don't believe in automatic operations.

With the new update automatic excell files were split by correlation.
Attached Image (click to enlarge)
Click to Enlarge Name: 02_dash_Cattura.JPG Size: 55 KB


I've just started and I still need some time. I lost many hours due to a CPU slowdown problem that maybe I solved it.
Until next time
  • #459
  • Edited Oct 4, 2023 6:44am Oct 3, 2023 5:17pm | Edited Oct 4, 2023 6:44am
Can you please keep previous .csv as they are and add the new ones with split by correlation?

And whenever you have time, can you explain which colonne refer to what in previous .csv?
8 values in CVS
1) TimeDate
2) Pair
3) Brt / Bbb / Exp along with B S L U (Bbb, Exp, L and U are pretty rare)
4) MarketPrice at this TimeDate
For Values 5 to 8, I got no clue

Thanks
  • #460
  • Oct 4, 2023 7:34am Oct 4, 2023 7:34am
Attached Image (click to enlarge)
Click to Enlarge Name: 03_dash_Cattura.JPG Size: 69 KB

HI
The signals will also be maintained in the new version.
These are the columns stored:
- time\date of the signal
- symbol

- text (variants)
exp = ADR
brt = BITRATIO
bbb = BOLLINGER

- price
- brt value
- pip number of the day
0 traders viewing now