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FFx Universal Strength Meter

  • #21
  • Nov 9, 2015 4:23am Nov 9, 2015 4:23am
Hi FerruFx

Great Indicator and thank you for sharing

Can I ask a question of clarity please regarding this setting

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 !

By example I have set the ADX to 7 in the listing, when I select ADX at the top and then the H1 TF for example, what do we set the periods for if the results are to represent an ADX of 7. eg is it 1 or 7 in the top period setting

Hopefully this makes sense, if not i will try again

Kind regards
  • #22
  • Nov 9, 2015 4:37am Nov 9, 2015 4:37am
Quoting TradeFinder
By example I have set the ADX to 7 in the listing, when I select ADX at the top and then the H1 TF for example, what do we set the periods for if the results are to represent an ADX of 7. eg is it 1 or 7 in the top period setting Hopefully this makes sense, if not i will try again Kind regards
The input in the ADX part is the ADX period. It is used to define the ADX.

Then the Strength Period is used for the strength calculation ... based on the X candles back of the ADX as set above.
MT4/MT5 EAs/Indicators/Alerts coder
  • #23
  • Nov 9, 2015 6:05am Nov 9, 2015 6:05am
Hello,

How could people like me, ignorants I mean, to thank enough for all your work and all all your generosity?

Thank you and thank you and thank you,

Ioan
  • #24
  • Nov 9, 2015 6:21am Nov 9, 2015 6:21am
Hey FerruFx,

Great addition to the SM family, and will try it out. Thanks and God bless

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #25
  • Nov 9, 2015 6:34am Nov 9, 2015 6:34am
sir you have really done very hard work to make this indi. thanks for making trading bit easier for newbies on FF.
In the court of lord, only love and devotion is counted...
  • #26
  • Nov 9, 2015 6:45am Nov 9, 2015 6:45am
Thank you all for your great confidence!
MT4/MT5 EAs/Indicators/Alerts coder
  • #27
  • Nov 9, 2015 6:58am Nov 9, 2015 6:58am
Thanks FerruFx for your Indicator and your effort in FF
Great work
I'm not a programmer and i don't like ! , but only I try to catch my view !
  • #28
  • Nov 9, 2015 7:00am Nov 9, 2015 7:00am
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...
Another great creation from one of the masters here at FF!

Thanks FerruFX!
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #29
  • Nov 9, 2015 8:24am Nov 9, 2015 8:24am
Quoting FerruFx
{quote} The input in the ADX part is the ADX period. It is used to define the ADX. Then the Strength Period is used for the strength calculation ... based on the X candles back of the ADX as set above.
Thank you
  • #30
  • Nov 9, 2015 9:06am Nov 9, 2015 9:06am
Quoting dagoods
thanks! for consideration... the following posts by bernhard and jibala http://www.forexfactory.com/showthre...73#post8578573 for example>>> http://www.forexfactory.com/showthre...05#post8581305 ps is momentum the same as rate of change?
I don't understand what you are talking about. You might have posted in wrong thread ... We are here talking about the FFx Universal Strength Meter ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #31
  • Nov 9, 2015 11:54am Nov 9, 2015 11:54am
Quoting FerruFx
{image} Dear FF traders, Heres a new tool Ive developed these past few months. The FFx Universal Strength Meter.
That's great
Thank you
  • #32
  • Nov 9, 2015 1:41pm Nov 9, 2015 1:41pm
Really like your meter, Ferru. Like its compact size, style, and flexibility. Need to work with it a bit, but initial thought is that added flexibility in where it displays on the screen would be useful. Ability to place the USM in any window (main window or indicator window) by corner would add utility. Right-hand side of many indicator windows is unused in many cases. Just a suggestion -- I know how much time some of these request can take.
  • #33
  • Nov 10, 2015 1:22am Nov 10, 2015 1:22am
Wowww ... You guys and gals are amazing! 350+ downloads in the last 24 hours since this tool was released ...

A great thanks to you all for your confidence and loyalty. Very much appreciated ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #34
  • Nov 10, 2015 3:17am Nov 10, 2015 3:17am
Thanks Ferrux !!!
  • #35
  • Nov 10, 2015 3:49am Nov 10, 2015 3:49am
Quoting Idris.Brazil
Thanks Ferrux !!!
MT4/MT5 EAs/Indicators/Alerts coder
  • #36
  • Nov 10, 2015 4:57am Nov 10, 2015 4:57am
Quoting FerruFx
{quote} Very much appreciated. Thank you.
No one deserves this more than you FFX!

thanks for such an amazing tool; always look forward to your indicators/tools

Will try to see if I can work/use this in the EA and as usual, come back to you.......
It's hard. Can be painful. But I love this world, this Forex world.....
  • #37
  • Nov 10, 2015 5:08am Nov 10, 2015 5:08am
My appreciation for creating and sharing such a fine tool openly. Thank you Ferru.
Be humble or be humbled.
  • #38
  • Nov 10, 2015 5:48am Nov 10, 2015 5:48am
Quoting leozayed
{quote} No one deserves this more than you FFX! thanks for such an amazing tool; always look forward to your indicators/tools Will try to see if I can work/use this in the EA and as usual, come back to you.......
MT4/MT5 EAs/Indicators/Alerts coder
  • #39
  • Nov 10, 2015 9:00am Nov 10, 2015 9:00am
Thanks for this tool, amazing work FerruFx.

Could you make the text white, so easier to see against the black background ?
It never gets easier, you just get better
  • #40
  • Nov 10, 2015 4:16pm Nov 10, 2015 4:16pm
Thank you FerruFx, you are very generous and kind
cheers
hannele
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