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Can someone fix this currency strength indicator? 37 replies

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Currency Strength Indicator

  • #141
  • Jan 17, 2013 5:14pm Jan 17, 2013 5:14pm
Quoting cecakrowo
it is not must,if you don't then fill in the "window" with "0" in the indicator properties

Ok thanks got it i changed the Window variable to 0. Can you explain what that does? And what time frame is this for all or one in particular.
  • #142
  • Jan 26, 2013 7:10pm Jan 26, 2013 7:10pm
fxone.com could be helpful to work directly from excel on an indicator.
'To get something you never had, you have to do something you never did.'
  • #143
  • Jan 26, 2013 11:44pm Jan 26, 2013 11:44pm
Quoting cecakrowo
it is not must,if you don't then fill in the "window" with "0" in the indicator properties

Thanks

Works great and very helpful indi!
  • #144
  • Feb 18, 2013 9:59am Feb 18, 2013 9:59am
may I ask if some of you have a currency strength meter MACD code based?
Humble & Kalcker CLO2 = Covid killer
  • #145
  • Mar 13, 2013 4:15am Mar 13, 2013 4:15am
Quoting jmtini
Thanks

Works great and very helpful indi!
I still can't see anything at all.
I loaded the indicator easily enough, but nothing actually happens. I've played with the settings in 'corner' and ''window' but still nothing.

Why would that be?

cheers
  • #146
  • Mar 13, 2013 7:39am Mar 13, 2013 7:39am
Quoting subterfuge
I still can't see anything at all.
I loaded the indicator easily enough, but nothing actually happens. I've played with the settings in 'corner' and ''window' but still nothing.

Why would that be?

cheers

Hi subterfuge

I just re-loaded it onto a new MT4 platform that I downloaded from IC markets. Didn't show up at all at first. It's OK now though. What you have to do is right-click on "market watch" then select "show all". Then delete and re-load a fresh "#4X 2010 forex power" indi into your experts/indicators folder. Then open it in meta-editor. Select window "0" and corner 1,2,3 or 4 depending on which corner of your chart you want the read-outs to appear. Click "compile" then click "terminal" and it should show up!
  • #147
  • Mar 14, 2013 12:20pm Mar 14, 2013 12:20pm
Created a similar tool here if people have MT4 performance issues, but your indy look great, kudos.

http://i.imgur.com/2ylnHJ3.png
Politics is the womb in which war develops.
  • #148
  • Mar 22, 2013 8:22am Mar 22, 2013 8:22am
Does anyone trade using currency strength indicator on a regular basis? Can he disclose the stats?
  • #149
  • Apr 14, 2013 5:55pm Apr 14, 2013 5:55pm
Quoting SmartBits
Does anyone trade using currency strength indicator on a regular basis? Can he disclose the stats?
I do. Constantly. Stats is better than and above 70% win/loss ratio.

See gg53 "Killing Zone" forum - latest post on page #103.
That's my main indicator on "What to trade". Other indies are for "When" to trade it (more precise entry point).

G.
  • #150
  • May 1, 2013 10:54am May 1, 2013 10:54am
Hi. I just want to say thanks Flotsom for sharing with us your meter. Does anyone happen to know how to add "PLN" to the indi? I tried myself but I get errors...
  • #151
  • Jun 9, 2013 6:33am Jun 9, 2013 6:33am
Quoting pbylina
Hi. I just want to say thanks Flotsom for sharing with us your meter. Does anyone happen to know how to add "PLN" to the indi? I tried myself but I get errors...
I want to say thanks to Flotsom too for his great work!

@pbylina
Is it possible to trade all PLN crosses with your broker (with the other used currencies) ?
For this case I think it is the best to change one of the default currencies (for example NZD) with PLN.

@all
Can anybody tell me whats the formula to calculate the currency strengths/weaknesses?

Thanks in forward and have a good sunday!
  • #152
  • Jul 8, 2013 10:07am Jul 8, 2013 10:07am
Quoting nordmoor
{quote} I want to say thanks to Flotsom too for his great work! @pbylina Is it possible to trade all PLN crosses with your broker (with the other used currencies) ? For this case I think it is the best to change one of the default currencies (for example NZD) with PLN. @all Can anybody tell me whats the formula to calculate the currency strengths/weaknesses? Thanks in forward and have a good sunday!

Yes thats what I did, changed NZD to PLN.:-) But eh, whats the point of trading PLN with such a huge spread if you cant even make money from the majors?:-)
  • #153
  • Aug 21, 2013 2:43pm Aug 21, 2013 2:43pm
I can't seem to get this indi working for Citi MT4...Any ideas? At the end of the symbols is "ctt" - (EURUSDctt). I tried to put that in the symbol fixes parameter but no go.
  • #154
  • Aug 21, 2013 5:18pm Aug 21, 2013 5:18pm
Quoting pbylina
I can't seem to get this indi working for Citi MT4...Any ideas? At the end of the symbols is "ctt" - (EURUSDctt). I tried to put that in the symbol fixes parameter but no go.
I think the simplest solution will be to install the indicator on a second demo account from another broker.
  • #155
  • Mar 6, 2014 1:42am Mar 6, 2014 1:42am
Quoting bug
flotsom With your initial post you have summed up the problem that every relative strength trader faces. I hope the indicator I provided above will help you. I have attached a chart below of what I think it is that you're after. If the dark chart captures that, then I think the indicator should be just fine. Another thing you can do is to look at what your green and orange currencies did before they crossed each other. This is something I discovered while working with CCFp. Note that events (1) and (2) precede event (3) (see light chart below)....
Hi there,
I am intrigued by your currency strength indicator. Where can I get a free download?
  • #156
  • Mar 12, 2014 6:03am Mar 12, 2014 6:03am
Quoting saneblane
Hey guys, does anyone happen to have a version of the Strengthmeter.mq4 working? I had it working but ever since the update to version 600, my indicator no longer works. And let me thank Flotsom, for making this great indicator and sharing it with us. I wish you the longest trends and most pips for the rest of your days. God bless.
Hi Saneblane. I am impressed by the currency strength indicator. Where can I get a free download
  • #157
  • Mar 12, 2014 4:55pm Mar 12, 2014 4:55pm
Quoting bernbeach
{quote} Hi Saneblane. I am impressed by the currency strength indicator. Where can I get a free download
Click on the paper clip 49 in the upper right corner to open attachments. Look for posts by flotsom.
  • #158
  • Mar 12, 2014 8:33pm Mar 12, 2014 8:33pm
Quoting FXEZ
{quote} Click on the paper clip 49 in the upper right corner to open attachments. Look for posts by flotsom.
Got it. THanks & very precious
  • #159
  • Mar 19, 2014 7:13am Mar 19, 2014 7:13am
Hi Bernbeach
Have you recently downloaded strengthmeter.mq4 and has it worked for you? It will not compile in my MT4.

Thanks
  • #160
  • Mar 19, 2014 7:45am Mar 19, 2014 7:45am
Quoting JamFX
Hi Bernbeach Have you recently downloaded strengthmeter.mq4 and has it worked for you? It will not compile in my MT4. Thanks
which version do you mean? Attached you will find the version from post at http://www.forexfactory.com/showthre...70#post4766170 and the version (with suffix, I have added auto-suffix recognition also) from post http://www.forexfactory.com/showthre...74#post6321574

Copy the .ex4-files to your indicator-folder and restart mt4, that should work.
Older mql-indicators (< build 600) you have to compile with an older metaeditor-version. I have attached one in my thread at http://www.forexfactory.com/showthread.php?t=470340
Attached File(s)
File Type: mq4 StrengthMeter.mq4   15 KB | 5,431 downloads
File Type: ex4 StrengthMeter.ex4   14 KB | 4,298 downloads
File Type: mq4 StrengthMeter_wSuffix.mq4   15 KB | 4,560 downloads
File Type: ex4 StrengthMeter_wSuffix.ex4   17 KB | 3,816 downloads
PM me with coding requests and I'll probably put you on my ignore list
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