Currency Strength Indicator | Page 51 | 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

  • #1,001
  • Aug 24, 2025 3:27pm Aug 24, 2025 3:27pm
Quoting FlavioCSS
{quote} Perfetto, amico. Ha funzionato bene, grazie mille. Potresti darmi una breve spiegazione su come seguire i segnali? Ad esempio, all'apertura dell'Asia, si acquistano le coppie più forti o si vendono quelle più deboli? Oppure c'è un'altra logica per interpretarle? {image}
Here's one of the many examples you'll find stored in the indicator's CSV files.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 34 KB


Unfortunately, I'm reading very different values from yours to my system. You'll see what happens.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 37 KB


Always monitor sideways breakouts that form over time, especially if they have a "zone.csi" for confirmation.
  • #1,002
  • Aug 24, 2025 3:33pm Aug 24, 2025 3:33pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 66 KB

It will take a few days for these global variables to fill in. Then the signals will have historical consistency.
  • #1,003
  • Aug 24, 2025 3:41pm Aug 24, 2025 3:41pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB



All currencies listed in these two buttons take on the zone.csi alert.
This is a position that most often ensures good price strength.
  • #1,004
  • Aug 24, 2025 3:47pm Aug 24, 2025 3:47pm
Quoting PlSoft
{image} Todas as moedas listadas nestes dois botões recebem o alerta zone.csi. Esta é uma posição que geralmente garante uma boa força de preço.
Got it, my friend. I'm very grateful for the help. You did a great job with this indicator. Congratulations. I assume you always show your entries and results, as well as images of the indicator, correct? This will help me compare my values with yours. Another thing, do you make short or long entries? Like per session? For example, do you enter at the opening in Asia and close in London or New York? Or are they just scalping?
  • #1,005
  • Aug 24, 2025 4:01pm Aug 24, 2025 4:01pm
Quoting FlavioCSS
{quote} Capito, amico mio. Ti sono molto grato per l'aiuto. Hai fatto un ottimo lavoro con questo indicatore. Congratulazioni. Immagino che tu mostri sempre le tue entrate e i tuoi risultati, così come le immagini dell'indicatore, corretto? Questo mi aiuterà a confrontare i miei valori con i tuoi. Un'altra cosa, fai entrate corte o lunghe? Tipo per sessione? Ad esempio, entri all'apertura in Asia e chiudi a Londra o New York? O stai solo facendo scalping?
I've never demonstrated my results. I enjoy analyzing data to program a system that tries to keep me from ruining my accounts.
  • #1,006
  • Aug 24, 2025 4:08pm Aug 24, 2025 4:08pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 34 KB


This is my job, to find in these lines a logical thread that, if repeated continuously, can give the desired results.
until next time
  • #1,007
  • Aug 25, 2025 9:33am Aug 25, 2025 9:33am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB

This alert hasn't been released. Something is still missing in the code.
I have entered a new modification, we'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
  • #1,008
  • Aug 27, 2025 11:14am Aug 27, 2025 11:14am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
  • #1,009
  • Aug 28, 2025 3:23am Aug 28, 2025 3:23am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB

The change starts to provide accurate information.
The update will be here soon...
  • #1,010
  • Aug 28, 2025 3:47am Aug 28, 2025 3:47am
Quoting PlSoft
{image} The change starts to provide accurate information. The update will be here soon...
BINGO

https://simplefx.com/blog/2019/03/25...f-forex-pairs/

It takes a lot for me to IGNORE you, but you can try.
  • #1,011
  • Aug 28, 2025 8:34am Aug 28, 2025 8:34am
Quoting PlSoft
{image} The change starts to provide accurate information. The update will be here soon...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB

Two other signals, one in progress.
  • #1,012
  • Edited 11:36am Nov 25, 2025 11:15am | Edited 11:36am
Release Notes – Easy Board Indicator
Version: Experimental Build – November 2025
Enhancements

  1. Graphical Interface Completed Finalized the graphical dashboard layout and removed all obsolete code. Improved clarity and streamlined visual components for easier interpretation.
  2. Information Simplification Reduced displayed data to essential metrics only. Enhanced readability and minimized noise for faster decision-making.
  3. Alert System Update Consolidated notifications into a single alert mechanism. Ensures focused monitoring without redundant signals.
  4. Experimental Alert Method Introduced a new experimental alert activation logic. Currently under evaluation in this version and subject to further refinement.

Status
This build is stable for graphical and dashboard usage. The alert system is functional but includes experimental logic that is still being studied.



Attached Image (click to enlarge)
Click to Enlarge Name: Cattura_easyboard_chart.GIF Size: 148 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Cattura_btn_easyboard.GIF Size: 24 KB

Attached File(s)
File Type: ex4 easy_board.ex4   111 KB | 233 downloads

Attached File(s)
File Type: txt Filtro.txt   < 1 KB | 213 downloads

Placement of Filtro.txt

  1. The file must be located in the Files directory of your MetaTrader installation.
  2. Typical path:
    Codice
    MQL4/Files/Filtro.txt
  3. This is the standard folder where indicators and Expert Advisors can read and write external text files using FileOpen() and related functions.


Attached Image (click to enlarge)
Click to Enlarge Name: Cattura_filtro.GIF Size: 16 KB

Documentation Note – Filter Rules (Filtro.txt)

The rules defined inside the file `Filtro.txt` have been tested and validated. Other information displayed by the indicator is not yet verified and remains under review. Additional time is required for full evaluation. The currently active filter is considered the most useful configuration: - It searches for sideways zones (SDW) with an elapsed time of ≤ 6 hours. - It checks ADR zones at levels 6 and 4. This configuration ensures that the dashboard highlights the most relevant and actionable trading signals while minimizing noise. Future versions may extend or refine these rules as testing continues.
  • #1,013
  • Nov 25, 2025 2:45pm Nov 25, 2025 2:45pm
Quoting PlSoft
Release Notes – Easy Board Indicator Version: Experimental Build – November 2025 Enhancements Graphical Interface Completed Finalized the graphical dashboard layout and removed all obsolete code. Improved clarity and streamlined visual components for easier interpretation. Information Simplification Reduced displayed data to essential metrics only. Enhanced readability and minimized noise for faster decision-making. Alert System Update Consolidated notifications into a single alert mechanism. Ensures focused monitoring without redundant signals....
Thanks for sharing.
Looks like 4 people will be saying it doesn't work.
Attached Image (click to enlarge)
Click to Enlarge Name: 2025-11-26_6-42-37.jpg Size: 56 KB

It takes a lot for me to IGNORE you, but you can try.
  • #1,014
  • Nov 26, 2025 1:34am Nov 26, 2025 1:34am
Quoting Erebus
{quote} Thanks for sharing. Looks like 4 people will be saying it doesn't work. {image}

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB

Do not be concerned. Within the MetaTrader [File] menu, select the [Open Data Folder] option. Once the 'Files' directory has been located, simply copy the 'Filtro.txt' file into it. The procedure is considerably more straightforward to execute than to describe.
  • #1,015
  • Nov 26, 2025 2:01am Nov 26, 2025 2:01am
Now that I have explained how to save the 'Filtro.txt' file, I will proceed to illustrate the CSI column.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB

The function f0_0 computes the CSI (Bid Ratio) based on OHLC values of the selected timeframe. It evaluates the candle range and returns a normalized value between -100 and +100. Positive values indicate bullish strength (close near the high), while negative values indicate bearish strength (close near the low). If the range is negligible, the function returns EMPTY_VALUE to avoid invalid calculations.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB

A function makes use of the Bid Ratio value to classify the behavior of a currency pair. A positive Bid Ratio results in a positive contribution, a negative Bid Ratio results in a negative contribution, and a neutral or insignificant value results in zero. These contributions are then aggregated to provide a summary of the relative strength or weakness of each currency across its pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB


A function is designed to provide a graphical representation of the relative strength of major currencies. It retrieves previously calculated values based on the Bid Ratio, sorts them in descending order, and generates a button for each currency. The background color reflects the intensity of strength or weakness, the text displays a numerical summary, and the tooltip provides a semantic interpretation such as strong buy, buy, neutral, sell, or strong sell. The buttons are arranged sequentially to deliver an immediate and interactive overview of currency strength.

I attempted to simulate this image without using graphics.
Attached Image


The new input becomes EUR 6/1.
Six out of seven symbols of the EUR major are moving strongly, with only one showing weakness. When this frame changes, a warning message appears.
  • #1,016
  • Nov 26, 2025 2:17am Nov 26, 2025 2:17am
I will now explain the SDW[h] column.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB

This routine computes the number of hours elapsed since the end of the most recent zone in an array of structures. If the array is empty, it returns EMPTY_VALUE. It identifies the last zone, determines its end time, calculates the difference with the current time in hours, and ensures the result is not negative. The output represents the elapsed hours from the end of the nearest zone.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 49 KB


The file filter.txt searches for all symbols in which an SDW has recently formed, while the column displays all intervals.
  • #1,017
  • Nov 26, 2025 2:20am Nov 26, 2025 2:20am
Quoting PlSoft
{quote} {image} Do not be concerned. Within the MetaTrader [File] menu, select the [Open Data Folder] option. Once the 'Files' directory has been located, simply copy the 'Filtro.txt' file into it. The procedure is considerably more straightforward to execute than to describe.
I know that; my concern that only 3 downloads of the TXT file and 7 downloads of the indicator!

Capisce?
It takes a lot for me to IGNORE you, but you can try.
  • #1,018
  • Nov 26, 2025 2:27am Nov 26, 2025 2:27am
Fibonacci levels column.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB

The level is calculated using zone.start and zone.end of the SDW box.
"This is the sample attachment to illustrate how I prefer to position Fibonacci; this is exactly the calculation of the indicator.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 48 KB

The 100.0 level corresponds precisely to the full height of the box.
  • #1,019
  • Nov 26, 2025 2:29am Nov 26, 2025 2:29am
Quoting Erebus
{quote} I know that; my concern that only 3 downloads of the TXT file and 7 downloads of the indicator! Capisce?
  • #1,020
  • Nov 26, 2025 2:40am Nov 26, 2025 2:40am
The last three columns are ADR, AWR, and AMR.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB


Consistently, the maximum and minimum values are divided into ten equal segments, and the current price position within this band is recorded inside square brackets.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB


This code block converts the average daily, weekly, and monthly ranges into pips for visual consistency in the dashboard. It retrieves the point size of the current symbol, normalizes the range values by dividing them by the point, and stores the converted results in the ADR, AWR, and AMR fields of the dashboard signals structure.

Good work. See you next time.
2 traders viewing now