Does this look like something has to give in the New Year?
It takes a lot for me to IGNORE you, but you can try.
- #724
- Jan 15, 2017 2:29pm Jan 15, 2017 2:29pm
- Joined Sep 2006 | Status: ... | 8,112 Posts
I use buffers to write "IF" conditions using Molanis and build my EA. I know is not good but is the only way I have. Please is possible from you to output the buffers from Currency Strength - Giraia in order to read the values ?
Alternative solution:
Attach the indy below to your MT4 chart, and copy the GetStrengthValue() function below into your EA.
Then call the function, as shown in the code below, to return the strength value for any currency that you nominate.
Inserted Code
void OnStart() {
string c = "CAD";
double s = GetStrengthValue(c);
MessageBox("Strength value for " + c + " is: " + DoubleToStr(s,5));
return;
}
double GetStrengthValue(string ccy) {
double strength_value = -1;
for (int z=0; z<8; z++) {
string objname = "CurrencyStrength--00000" + z;
string objdesc = ObjectDescription(objname);
if (StringSubstr(objdesc,0,3)==ccy) {
strength_value = StrToDouble(StringSubstr(objdesc,4,2));
break;
} }
return(strength_value);
} 
- #729
- Jan 24, 2017 7:20am Jan 24, 2017 7:20am
- Joined Sep 2006 | Status: ... | 8,112 Posts
Great indicator for caculatate currency strength It help me choose the pair for trading right Thank you
- #732
- Edited Apr 8, 2017 11:58am Apr 7, 2017 5:24pm | Edited Apr 8, 2017 11:58am
- Joined Sep 2006 | Status: ... | 8,112 Posts
- #735
- Edited Jul 14, 2017 11:50am Jul 13, 2017 2:07pm | Edited Jul 14, 2017 11:50am
- Joined Sep 2006 | Status: ... | 8,112 Posts
I've given CSM ('Currency Strength Meter') a facelift. Apart from a couple of new options, the enhancements are largely cosmetic. The latest version is attached: NOTE: If you want the .mq4 source to compile without errors, you'll need to do this first. Otherwise, download only the .ex4 file.
To plot the histograms, you have a choice of fonts: 'Placard MT Condensed' (PLCC__), or 'CSM' that was generously provided by Saronko (which produces the 'continuous' bars shown in the screenshot at the foot of this post). The histogram bars are generated by plotting the character 'I' repeatedly, after rotating it 90 degrees. If you need help installing the fonts, read this. Failure to install at least one of the fonts could cause unpredictable results.
I've received questions about how to interpret the Trend Summary (note: set SummarySpacing to 0 to disable this feature). This is merely a plot of the histogram values for each currency, from monthly down to M1. If you're looking to enter at the start of renewed momentum, ideally you want to pair two currencies whose curves are located/shaped something like those shown here: 
Another new feature is the little numbers that look like <-n-> which represent the 'spread' between the highest and lowest currency values (may be +/-1 due to a rounding error). A spread of 60 or greater generally represents decent momentum if you pair the outermost currencies, on that timeframe. A value less than 40 tends to mean that the market as a whole is flat/rangebound. Set DisplaySpread to TRUE to enable this facility.
Changes to other parameter settings:
Set HighlightBox to TRUE to draw the gray box around H4/D1/W1 histograms (the timeframes that I tend to focus on).
RefreshPeriod replaces RefreshEveryXMins and is explained here.
UseAltColors overrides the Color_XXX settings and is perhaps best explained by an example: an entry of DodgerBlue,25,Yellow,50,Orange,75,Red means that values of less than 25 will be plotted in DodgerBlue; values between 25 and 50 will be plotted in Yellow; values of between 50 and 75 will be plotted in Orange; and values above 75 will be plotted in Red.
ShowValues: if TRUE, the values at the top of each histogram bar will be displayed. If FALSE, they will be omitted.
CurrencyPairs: Note -- permissible abbreviations are: A=AUD; C=CAD; E=EUR; F=CHF; G=GBP; J=JPY; N=NZD; U=USD; H=HKD; S=SGD; Z=ZAR. So you could type GU or gu instead of GBPUSD, for example. To additionally save you some typing, CurrencySuffix gets appended to the end of every entered pair.
OutputFilename: to disable this facility, leave the setting blank. Otherwise outout will be sent to a file of the name you specify in the ..../MQL4/Files folder. The file gets overwritten with fresh data every RefreshPeriod. You can specify a subfolder (under the Files folder) by entering something like subfolder\filename. You can embed the chart symbol or the date/time in the file name by including [sym] or [dt], respectively, in the filename. The output file could be read by an EA, so that currency strength values can be used to contribute to the EA's decision making process. The format of the output file is fixed, and looks like this:
If, for whatever reason, you want multiple instances of the indicator on the same chart, you must give each instance a different UniqueID. Failure to do so may cause unpredictable results.
Most of the other parameter settings are explained here and here. Please feel welcome to experiment with any others.
Here is what the indicator looks like, plotting the histograms using the 'Placard MT Condensed' font: 
Here is what the indicator looks like now, using the default settings ('CSM' font): 
NOTE: If this indicator is useful to you, please 'Like' this post. If enough members find it useful, I will go the trouble of sharing any future updates.
DISCLAIMER:
Indicator is offered free on an 'as is' basis. Source code has been provided if you want to make any fixes or changes. Download and use at your own risk.
To plot the histograms, you have a choice of fonts: 'Placard MT Condensed' (PLCC__), or 'CSM' that was generously provided by Saronko (which produces the 'continuous' bars shown in the screenshot at the foot of this post). The histogram bars are generated by plotting the character 'I' repeatedly, after rotating it 90 degrees. If you need help installing the fonts, read this. Failure to install at least one of the fonts could cause unpredictable results.
I've received questions about how to interpret the Trend Summary (note: set SummarySpacing to 0 to disable this feature). This is merely a plot of the histogram values for each currency, from monthly down to M1. If you're looking to enter at the start of renewed momentum, ideally you want to pair two currencies whose curves are located/shaped something like those shown here:
Another new feature is the little numbers that look like <-n-> which represent the 'spread' between the highest and lowest currency values (may be +/-1 due to a rounding error). A spread of 60 or greater generally represents decent momentum if you pair the outermost currencies, on that timeframe. A value less than 40 tends to mean that the market as a whole is flat/rangebound. Set DisplaySpread to TRUE to enable this facility.
Changes to other parameter settings:
Set HighlightBox to TRUE to draw the gray box around H4/D1/W1 histograms (the timeframes that I tend to focus on).
RefreshPeriod replaces RefreshEveryXMins and is explained here.
UseAltColors overrides the Color_XXX settings and is perhaps best explained by an example: an entry of DodgerBlue,25,Yellow,50,Orange,75,Red means that values of less than 25 will be plotted in DodgerBlue; values between 25 and 50 will be plotted in Yellow; values of between 50 and 75 will be plotted in Orange; and values above 75 will be plotted in Red.
ShowValues: if TRUE, the values at the top of each histogram bar will be displayed. If FALSE, they will be omitted.
CurrencyPairs: Note -- permissible abbreviations are: A=AUD; C=CAD; E=EUR; F=CHF; G=GBP; J=JPY; N=NZD; U=USD; H=HKD; S=SGD; Z=ZAR. So you could type GU or gu instead of GBPUSD, for example. To additionally save you some typing, CurrencySuffix gets appended to the end of every entered pair.
OutputFilename: to disable this facility, leave the setting blank. Otherwise outout will be sent to a file of the name you specify in the ..../MQL4/Files folder. The file gets overwritten with fresh data every RefreshPeriod. You can specify a subfolder (under the Files folder) by entering something like subfolder\filename. You can embed the chart symbol or the date/time in the file name by including [sym] or [dt], respectively, in the filename. The output file could be read by an EA, so that currency strength values can be used to contribute to the EA's decision making process. The format of the output file is fixed, and looks like this:
Inserted Code
TF , AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD M1 , 36, 71, 30, 47, 15, 70, 67, 64 M5 , 49, 56, 25, 64, 44, 49, 55, 59 M15, 51, 57, 33, 60, 54, 33, 54, 57 M30, 52, 67, 36, 52, 60, 37, 47, 48 H1 , 60, 70, 30, 47, 64, 34, 47, 48 H4 , 75, 71, 21, 31, 64, 39, 58, 39 D1 , 80, 81, 21, 42, 58, 28, 56, 35 W1 , 66, 86, 37, 61, 47, 14, 65, 24 MN , 63, 76, 45, 65, 38, 19, 68, 26
Most of the other parameter settings are explained here and here. Please feel welcome to experiment with any others.
Here is what the indicator looks like, plotting the histograms using the 'Placard MT Condensed' font:
Here is what the indicator looks like now, using the default settings ('CSM' font):
NOTE: If this indicator is useful to you, please 'Like' this post. If enough members find it useful, I will go the trouble of sharing any future updates.
DISCLAIMER:
Indicator is offered free on an 'as is' basis. Source code has been provided if you want to make any fixes or changes. Download and use at your own risk.
I've given CSM a facelift. The enhancements are largely cosmetic. The latest version is attached.{file}NOTE: If you want the .mq4 source to compile without errors, you'll need to do this first. Otherwise, download only the .ex4 file.{file} Re plotting the histograms, you have a choice of fonts: 'Placard MT Condensed' (PLCC__), or 'CSM' that was generously provided by Saronko (which produces...
+
- #737
- Jul 30, 2017 12:00am Jul 30, 2017 12:00am
- | Membership Revoked | Joined Mar 2017 | 2,260 Posts
if you my trade,My-post analysis, subscribed to ME
- #739
- Jul 30, 2017 9:16am Jul 30, 2017 9:16am
- | Membership Revoked | Joined Mar 2017 | 2,260 Posts
if you my trade,My-post analysis, subscribed to ME
- #740
- Sep 5, 2017 9:47pm Sep 5, 2017 9:47pm
hi hanover,
thanks for this great indi
i'd like to find my TRADE ENTRY using CSM.
would you help me through
(1) i would cross check both TF 4H & TF 15M
(2) then wait for a pair to align as strongest & weakest. the pair must be identical in both TF 4H & 15M as the strongest & weakest.
(3) when the strongest moves above 80 (average) and the weakest moves below 20 (average) in both TF 4H & 15M, then i make the TRADE ENTRY.
am i doing this the right way ?
thanks for this great indi
i'd like to find my TRADE ENTRY using CSM.
would you help me through
(1) i would cross check both TF 4H & TF 15M
(2) then wait for a pair to align as strongest & weakest. the pair must be identical in both TF 4H & 15M as the strongest & weakest.
(3) when the strongest moves above 80 (average) and the weakest moves below 20 (average) in both TF 4H & 15M, then i make the TRADE ENTRY.
am i doing this the right way ?