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Currency Strength Meter - Improvement

  • #21
  • May 26, 2013 1:51pm May 26, 2013 1:51pm
I'm trying.
  • #22
  • May 27, 2013 3:36pm May 27, 2013 3:36pm
hi FinGer

i was thinking about how to code it !
i think it is a hard job as i guess it needs to make a built in indicator and then import its values at each hour close !

am not a programmer but thats my 2cents !

hope you have think about.
  • #23
  • May 30, 2013 3:51pm May 30, 2013 3:51pm
I started with programming.
Programming is my hobby in free time. That's why it takes longer.
Have patience.
  • #24
  • Jun 3, 2013 1:05pm Jun 3, 2013 1:05pm
hi sir

i just want to make some enhancement if you still bear on my requests

in the indicator you made before there is one option for which u make the high low range calculation which done for the past 24 hours bars : can we make it to be done for past x bars where we can enter x manualy ( x = number of past x hourly bars ) as this will make calculation for one option only and make it broaden.

thanx
  • #25
  • Jul 1, 2013 5:50am Jul 1, 2013 5:50am
hi sir

how r ya doin ?

is there any good news ?

i wish that you are doing well , all in all.

thanx
  • #26
  • Jul 16, 2013 7:17am Jul 16, 2013 7:17am
hi all

any good news , finger ?

may we get help from other programmers ?

thanx
  • #27
  • Sep 7, 2013 8:57pm Sep 7, 2013 8:57pm
hi all!

very nice thread, indeed.

i watched james edwards video explaining his whole strategy, and its all based on evaluating each currency power comparing one to each other on the 28 major pairs.

then, his system identify possible trading opportunities when there is weak and power together in some pair.

then, it identifies in priorities based on a long, medium and short period of time. in his case (daytrader), this periods are session power/weakness, last hour power/weakness and last 10 minutes power/weakness of each currency.

so, he simply take a trade with very strong momentum, and lock in profits!!!

i read quickly this thread, but i think you all are looking for something like this, am i right?

i'm not a good coder in mt4, but i'll try to build something in mt4 or even ms excel... there's something good to build and profit there.

hope to see more comments and codes in this thread.

best regards all!
  • #28
  • Oct 9, 2013 3:11pm Oct 9, 2013 3:11pm
Dear Finger,
Pls can you upload the fx currencies power meter updated v1.2 to mql5.com as you did for the version 1.0 as the version 1.2 you attached here is not working on the mt 5 platform Thanks so much for your assistance. Regards
  • #29
  • Nov 15, 2013 8:42pm Nov 15, 2013 8:42pm
Quoting Newton51
I have an earlier version of this same spreadsheet. Another version also plots Fibonacci levels. I'm sure you are aware it is using DDE to collect the data in real time and the continuously imported DDE data is High, Ask, Bid and Low for 28 pairs. Because the imported data is continuously updated, the only way to do as you ask is a procedure / macro to write (say) Daily and Weekly data to a new worksheet or linked workbook and modify the source data from DDE to use a lookup value. e.g. replacing the formula in cells containing something like "='MT4'|HIGH!EURUSD"...

Hey Newton,

Do you have the excel that plots the fibonnaci levels still?
  • #30
  • Dec 28, 2013 3:13pm Dec 28, 2013 3:13pm
Hi Guys,
Can anyone provide assistance. I have downloaded Gadi_Currencies_v2.8 to indicators in my MT4 platform. It only opens in a indictor window along bottom of main screen. Is possible to open this indictor in its own main window? Any help would be appreciated.
Thanks,
James
Never fry bacon naked!
  • #31
  • Jun 15, 2014 3:55pm Jun 15, 2014 3:55pm
Quoting FinGeR
Update 1.2 for MetaTrader 5 i have add daily, weekly, monthly and last 24 hours bars. Important: when the change of the parameter, the price data are downloaded, which can lead to a delay in the display. I will try this in the next version to optimize. coming... Copy the file FX Currencies Power Meter.ex5 to MQL5/Experts/ -- version 1.0 and description: http://mql5.com/8tl -- {file} {image}
Thank you FinGeR.

I have a few suggestions if you or someone else can code them in:

Is it possible to add these 10 exotic currencies listed below to the already available 8 Majors for a total of 18 or more currencies to display on the meter:

 

  1. CNY
  2. RMB
  3. HKD
  4. SGD
  5. SEK
  6. NOK
  7. DKK
  8. MXN
  9. TRY
  10. ZAR


And is there a way to add alerts when specified currencies reach a certain level of strength or weakness and maybe the ability to hide/display any currencies that we want and also be able to customize the colors of the histogram?

Thanks mate

It's time we stop entertaining ourselves and start realizing ourselves!
  • #32
  • Jul 3, 2014 10:03pm Jul 3, 2014 10:03pm
Quoting moneyflow21
{quote} Thank you FinGeR. I have a few suggestions if you or someone else can code them in: Is it possible to add these 10 exotic currencies listed below to the already available 8 Majors for a total of 18 or more currencies to display on the meter: CNY RMB HKD SGD SEK NOK DKK MXN TRY ZAR And is there a way to add alerts when specified currencies reach a certain level of strength or weakness and maybe the ability to hide/display any currencies that we want and also be able to customize the colors of the histogram? Thanks mate
Oh i see looking through xl sheet it has places i can edit for these pairs but i cant know how to explain these symbols in the excel or how they make for the pair average at the bottom of list. My forex broker has a eurzar usdzar so this is just 2 and eurusd has 8 so where to change average? this is how I am not knowing of this and need more help in more forums.
  • #33
  • Jul 3, 2014 10:45pm Jul 3, 2014 10:45pm
MMMMMMMMMMMMMMMMMM
  • #34
  • Oct 2, 2014 10:35pm Oct 2, 2014 10:35pm
Hi all,

Somebody please explain to me how to use currency strength meter (28).xlsx
How to connecting it with MT4
  • #35
  • Last Post: Jan 8, 2015 8:02am Jan 8, 2015 8:02am
hi, is there indicator on mt4 new build for currency strengths
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