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FFx Universal Strength Meter

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  • First Post: Edited Nov 12, 2015 11:51pm Nov 8, 2015 9:55pm | Edited Nov 12, 2015 11:51pm
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Dear FF traders,

Heres a new tool Ive developed these past few months. The FFx Universal Strength Meter. Nothing new in its looking however instead of limiting the strength calculation to price like most of the meters available, the FFx USM gives to the users the choice of the strength mode among 18 different standard indicators and of course the price.

Strength modes drop down menu: price, Moving Average, MACD, Stochastic, RSI, WPR, Momentum, CCI, ADX, PSAR, DeMarker, AC, AO, Bulls, Bears, Ichimoku, Force Index, OsMA, RVI. Of course, each indicator has its own usual inputs to be set

Attached Image (click to enlarge)
Click to Enlarge Name: StrengthModes.png Size: 45 KB


Strength Timeframe drop down menu: any standard timeframes

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Also the strength period is a user input. Generally the strength is based on the last 24 H1 candles (24 hours) With the FFx USM you are able to define any period for any timeframe. Example you can set the dashboard for the last 10 candles for M15 Full flexibility !

I hope this will be useful to some of you!

Great pips to all!
FerruFx

Edit 2015.11.11: fixed an issue for broker pre/suffix.
Edit 2015.11.13: added Windows standard Fonts in case missing in users PC.
Attached File(s)
File Type: ex4 FFx_Universal_Strength_Meter.ex4   137 KB | 15,672 downloads | Uploaded Nov 10, 2015 11:50pm
File Type: rar Fonts.rar   51 KB | 7,740 downloads | Uploaded Nov 12, 2015 11:48pm
MT4/MT5 EAs/Indicators/Alerts coder
Thank you Ferru,
There is no end to your generosity skill and workmanship,
GW
IMPROVISE ADAPT OVERCOME
Thanks bro.

Great work, as always.

Success - It's not always what you see
Thanks pro
Thank you all for your kind comments!
MT4/MT5 EAs/Indicators/Alerts coder
It's always a pleasure to add a high quality indicator coded by a PRO such as yourself. Thank you for helping those of us that do not possess your high skill and expertise.

GREEN pips come to those that help themselves and others to understand the world around us, and with that being said, may they continue to fill your accounts and your life with their blessings.
Quoting SmoothTrader
It's always a pleasure to add a high quality indicator coded by a PRO such as yourself. Thank you for helping those of us that do not possess your high skill and expertise. GREEN pips come to those that help themselves and others to understand the world around us, and with that being said, may they continue to fill your accounts and your life with their blessings.
Very much appreciated. Thank you.
MT4/MT5 EAs/Indicators/Alerts coder
This is really a great tool .. thank you very much!
Thank you sir, I feel safe when I trade using your trading tools.
Quoting ghost walker
Thank you Ferru, There is no end to your generosity skill and workmanship, GW
Finally you are back in action. thank you.
Practice makes a person perfect
Cool man ,, I'm in..
Quoting FerruFx
Heres a new tool Ive developed these past few months. The FFx Universal Strength Meter.
Sounds pretty cool, and the presentation looks very tidy. I'm going to give it a try!
Quoting hanover
{quote} Sounds pretty cool, and the presentation looks very tidy. I'm going to give it a try!
From you, that's an honor to receive this kind of comment. Thank you!

Of course a great thanks to all of you for your kind comments ...
MT4/MT5 EAs/Indicators/Alerts coder
Quoting FerruFx
{image} Dear FF traders, Heres a new tool Ive developed these past few months. The FFx Universal Strength Meter. Nothing new in its looking however instead of limiting the strength calculation to price like most of the meters available, the FFx USM gives to the users the choice of the strength mode among 18 different standard indicators and of course the price. Strength modes drop down menu: price, Moving Average, MACD, Stochastic, RSI, WPR, Momentum, CCI, ADX, PSAR, DeMarker, AC, AO, Bulls, Bears, Ichimoku, Force Index, OsMA, RVI. Of course, each...
Interesting CSM from the great Man, thank you and weldone
Be Dumb and Follow Price
Quoting fxrabbi
{quote} Interesting CSM from the great Man, thank you and weldone
MT4/MT5 EAs/Indicators/Alerts coder
Quoting FerruFx
{image} Dear FF traders, Heres a new tool Ive developed these past few months. The FFx Universal Strength Meter. Nothing new in its looking however instead of limiting the strength calculation to price like most of the meters available, the FFx USM gives to the users the choice of the strength mode among 18 different standard indicators and of course the price. Strength modes drop down menu: price, Moving Average, MACD, Stochastic, RSI, WPR, Momentum, CCI, ADX, PSAR, DeMarker, AC, AO, Bulls, Bears, Ichimoku, Force Index, OsMA, RVI. Of course, each...
Thanks FerruFX! I am utilising a similar custom coded CSM based on a simple standard indicator. But with 'memory mode' activated. Is it possible to implement something similar with your USM? Would be nice for backtests and comparison purposes. Its ok though if its too much work. Still a great tool. Thanks for sharing.
Attached Image (click to enlarge)
Click to Enlarge Name: CSM.png Size: 17 KB
Understanding liquidity, Time Action and Price Action is priceless!
Quoting LITEchild
{quote} Thanks FerruFX! I am utilising a similar custom coded CSM based on a simple standard indicator. But with 'memory mode' activated. Is it possible to implement something similar with your USM? Would be nice for backtests and comparison purposes. Its ok though if its too much work. Still a great tool. Thanks for sharing. {image}
Dealing with history for this kind of tool is always a big challenge about CPU ... I am not planning this for now but will put on my todo list !
MT4/MT5 EAs/Indicators/Alerts coder
Quoting FerruFx
{quote} Dealing with history for this kind of tool is always a big challenge about CPU ... I am not planning this for now but will put on my todo list !
Understanding liquidity, Time Action and Price Action is priceless!
It looks great FerruFx - well done
Quoting FerruFx
{image} Dear FF traders, Heres a new tool Ive developed these past few months. The FFx Universal Strength Meter. Nothing new in its looking however instead of limiting the strength calculation to price like most of the meters available, the FFx USM gives to the users the choice of the strength mode among 18 different standard indicators and of course the price. Strength modes drop down menu: price, Moving Average, MACD, Stochastic, RSI, WPR, Momentum, CCI, ADX, PSAR, DeMarker, AC, AO, Bulls, Bears, Ichimoku, Force Index, OsMA, RVI. Of course, each...
Hi FerruFx,

WOW!
Excellent indicator and I use the RSI today.
Works like a charm when I compared the one I use on paid subscription.

THANK YOU!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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