Currency Strength Indicator v2.0

Today's pairs had a 1K drawdown today but this is quite acceptable considering that it's very likely to be in profit later today going well beyond the previous max drawdown.

Does anybody else besides Mike, interested in knowing the trending pairs each day? If there's enough interest, I can create a website that provides the indicator readings in real time for a subscription fee. I provide the indicator readings and you provide no value? Don't be a freeloader haha It's called exchange of value.

The target reached the max loss amount but from my testing so far, it's likely to continue higher, even next day.

Alright guys, the indicator has been coded. I'll start posting the screenshots of it so that we can test the various ways to trade it. Once it's fully tested and confirmed to be profitable consistently, I'll post it on a site to make it available for us.

I'll start this tomorrow at Tokyo open for a proper test. Right now, I'm just posting some screenshots since it just finished coding. I'll explain the various setups I've identified so far. Hopefully others can identify other setups. So for example here, AUD has crossed two others down, so we know AUD is going to get weak.

Looks like GBP crossed two up, so we know GBP is going to get strong. That's one setup. There are also other ways to read the indicator which I'll introduce as more screenshots are posted.

Edit: Actually I misread it, looks like GBP only crossed the USD. For this set up, you want a currency to cross over two others.

I'll start this tomorrow at Tokyo open for a proper test. This for now is just a previous test. But for a test that started at 21:33, it already identified AUD weakness at 21:42. So about 10 minutes later only.

Another setup, let's call it the extremes, is to take the extremes about one hour after the indicator starts. It hasn't been one hour but I'm just sending this for an example. So in this case, had it been about one hour later, then AUDJPY would be that type of setup, in this case, at 21:42.