CCFp 5.0 - Currency Strength Indicator | Forex Factory

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CCFp 5.0 - Currency Strength Indicator

  • #1
  • First Post: Edited Dec 20, 2016 9:38am Oct 11, 2016 4:23pm | Edited Dec 20, 2016 9:38am
now with NOK, SEK and SGD for comparing 2 currencies.
you need all USD, EUR, GBP, CHF, JPY, CAD, AUD, NZD currency pairs in your watchlist and if you trade NOK, SEK, SGD -> usdnok, eurnok, gbpnok, noksek, nokjpy, usdsek, eursek, gbpsek, sekjpy, noksek, usdsgd, eursgd, chfsgd, gbpsgd, audsgd, sgdjpy.

i use pepperstone to get the pairs, if you find brokers with more NOK, SEK and SGD pairs or even more nearly complete exotic pairs, please post them.
the more pairs are available for the calculation the more precise the result. ideas for different MA settings are welcome.

panel explanation:
the + or -- in front of the currency means the difference between the actual and previous period "0-1" is bigger (+) than the difference between "1-2" or smaller (--).
so + means a positive trend acceleration and -- a slowdown.
the -- or ++ behind the currency shows the trend, if the actual period value is under the previous one (--) or not (+) and the number is the difference between the 2 periods.
Attached Image (click to enlarge)
Click to Enlarge Name: ccccc.PNG Size: 77 KB
Attached File(s)
File Type: mq4 CCFp 5.0.mq4   92 KB | 5,326 downloads
File Type: mq4 CCFp 5.1.mq4   93 KB | 8,769 downloads | Uploaded Dec 20, 2016 9:37am
  • #2
  • Dec 17, 2016 11:34am Dec 17, 2016 11:34am
Thank you. I will try it out.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #3
  • Dec 17, 2016 11:42am Dec 17, 2016 11:42am
Maybe I am doing something wrong.

I am looking for a tool to find trends on London open. Currency strength indicator CCFp is spotting ranging markets.
But somehow it cannot show correctly direction of the trend.

For example GBP NZD on 13.12.16 on London open.

Attached Image (click to enlarge)
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Pair should fall, because GBP is falling sharply and NZD is rising sharply. But in fact pair was raising, albeit there is a trend.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 114 KB
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #4
  • Dec 17, 2016 12:12pm Dec 17, 2016 12:12pm
LOL, I found the reason of the bug.

When you put the CCFp on non-currency market XTI USD or STOXX, then the reading is wrong. I put currency pair and it is working OK.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 91 KB
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #5
  • Dec 19, 2016 4:57pm Dec 19, 2016 4:57pm
option added to show the panel in a sub window.
Attached File(s)
File Type: mq4 CCFp 5.1.mq4   93 KB | 3,287 downloads
  • #6
  • Dec 21, 2016 4:40am Dec 21, 2016 4:40am
Quoting mambomango
now with NOK, SEK and SGD for comparing 2 currencies. you need all USD, EUR, GBP, CHF, JPY, CAD, AUD, NZD currency pairs in your watchlist and if you trade NOK, SEK, SGD -> usdnok, eurnok, gbpnok, noksek, nokjpy, usdsek, eursek, gbpsek, sekjpy, noksek, usdsgd, eursgd, chfsgd, gbpsgd, audsgd, sgdjpy. i use pepperstone to get the pairs, if you find brokers with more NOK, SEK and SGD pairs or even more nearly complete exotic pairs, please post them. the more pairs are available for the calculation the more precise the result. ideas for different MA...
THanks for this. Never thought that someone is still using ccfp currently in ff
  • #7
  • Dec 21, 2016 4:57am Dec 21, 2016 4:57am
Thanks! I'm using previous version for trading, great confirmation tool
Control the risk
  • #8
  • Dec 21, 2016 5:02am Dec 21, 2016 5:02am
Quoting redwed
{quote} THanks for this. Never thought that someone is still using ccfp currently in ff
There are many variations of this indicator. Someone even made commercial version adding few things.
Control the risk
  • #9
  • Dec 21, 2016 5:10am Dec 21, 2016 5:10am
Quoting Paulie7482
{quote} There are many variations of this indicator. Someone even made commercial version adding few things.
Yeah, i'm pretty sure about that. It was modified and sold on markets mql5.com.

CCFp-Diff was one of the greatest in my own opinion.
  • #10
  • Dec 21, 2016 5:35am Dec 21, 2016 5:35am
Quoting mambomango
option added to show the panel in a sub window. {file}
i download and install your indicator. but not working fine? check this screen shot. nothing show any line of currency meter
Attached Image (click to enlarge)
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  • #11
  • Dec 21, 2016 8:06am Dec 21, 2016 8:06am
Quoting alexis12
{quote} i download and install your indicator. but not working fine? check this screen shot. nothing show any line of currency meter {image}
Strange, working great on mine mt4.
Which broker are you trading?
Control the risk
  • #12
  • Jan 6, 2017 12:45am Jan 6, 2017 12:45am
Thanks! Great work @mambomango. Why did you remove the alerts?

Best regards
  • #13
  • Jan 16, 2017 12:46pm Jan 16, 2017 12:46pm
Excellent i like the CCFP, i was using the 1v3 still and just found newest version ...
And because i am here let me just help another newbie like me ...
Alexis 12 look at pic and you will know why your lines are not showing up
good luck
Attached Image (click to enlarge)
Click to Enlarge Name: CCFP 5 Add suffix.jpg Size: 151 KB
The arriving better than the arrival, the journey has just started
  • #14
  • Mar 14, 2017 5:24pm Mar 14, 2017 5:24pm
Quoting jenbols
Excellent i like the CCFP, i was using the 1v3 still and just found newest version ... And because i am here let me just help another newbie like me ... Alexis 12 look at pic and you will know why your lines are not showing up good luck {image}
Hi there,

I typed pro into the suffix line and still have no lines ??
  • #15
  • Mar 14, 2017 5:27pm Mar 14, 2017 5:27pm
Quoting mambomango
now with NOK, SEK and SGD for comparing 2 currencies. you need all USD, EUR, GBP, CHF, JPY, CAD, AUD, NZD currency pairs in your watchlist and if you trade NOK, SEK, SGD -> usdnok, eurnok, gbpnok, noksek, nokjpy, usdsek, eursek, gbpsek, sekjpy, noksek, usdsgd, eursgd, chfsgd, gbpsgd, audsgd, sgdjpy. i use pepperstone to get the pairs, if you find brokers with more NOK, SEK and SGD pairs or even more nearly complete exotic pairs, please post them. the more pairs are available for the calculation the more precise the result. ideas for different MA...

What do I down load to get the indicator in bottom right window ??
  • #16
  • Mar 14, 2017 6:06pm Mar 14, 2017 6:06pm
Quoting Coffeebuff
{quote} Hi there, I typed pro into the suffix line and still have no lines ??
Hi, what suffix do you have ? m.?s.?in? I use to have Pro and typed Pro
It should work ... i now have solved the problem with suffixes as i always get brokers
who don't have one.. and if you also do not want the siffix, try to open again a Demo account in the same
platform and you will probably get a new account with no suffix_
Let me know if it worked / Cheers
The arriving better than the arrival, the journey has just started
  • #17
  • Mar 14, 2017 6:15pm Mar 14, 2017 6:15pm
Thanks for reply, I have this on Traders way, all there pairs a have i after there, I guess this could be the issue ??
  • #18
  • Mar 15, 2017 4:51am Mar 15, 2017 4:51am
Quoting Coffeebuff
Thanks for reply, I have this on Traders way, all there pairs a have i after there, I guess this could be the issue ??
I use Traders way too but have no Suffix
Open new Account Demo with same broker better i think _
The arriving better than the arrival, the journey has just started
  • #19
  • Mar 15, 2017 11:30pm Mar 15, 2017 11:30pm
Thanks for help, loaded ( i ) and all good
  • #20
  • Mar 15, 2017 11:31pm Mar 15, 2017 11:31pm
How can i use it thai u have a rule ?
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