Currency Strength Indicator v2.0

It looks like AUD just crossed over. So that's the anchor.

So the R2 extreme setup would be AUDCHF. For the matching signs setup, we'll need to wait until the market map is complete for 11:00.

AUDCHF identified at 11:11. Here it is so far. So any of the major session starting hours such as 10:00, 11:00, etc., are good for the indicator.

It seems pointless to make effort to post but here's the last one for now. Maybe other simpler threads are more suitable for most people.

I think I saw a thread where one just looks at the blue sky and I think looks at their watch for what time it is. Maybe that one has a good chance of being consistent across market conditions.

The 08:00 seems like a good session start. The EURNZD GBPNZD from the 08:00 is working out well.

The indicator gives pretty accurate readings pretty quickly, within 10 minutes of start time so just to test it out, I started another instance of it to start at 14:30, one hour before the 15:30 news, in order to determine if it will give readings to predict news direction. Let's see haha

There is only the GBP news today.

Here it is so far, started the session at 14:30. One hour before the news release might be too long. Maybe 30 minutes prior to news release might be better, but let's see.

As of now, either the GBP or NZD will be the anchor against the USD.

Looks to be GBP.

The news matches the GBPUSD from Tokyo session.

If purple connects with dark blue then CHF wants to make a move too.