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Currency Strength Indicator 454 replies

Can someone fix this currency strength indicator? 37 replies

Help with CC currency strength indicator 0 replies

Individual Currency Strength indicator 1 reply

Derived Currency Strength Indicator from multiple pairs 0 replies

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Currency Strength Indicator Trading

Quoting dkrock
This looks very similar to Tom Yeoman's currency indicator. The text is in a different location and his allows you to pick and choose your currencies which lowers your CPU resources. As well, the input periods are easy to change, and the 0 line can be converted to a base currency. For instance, if you trade GBP pairs, then make the GBP the 0 line and input JPY, USD, EUR, AUD, etc, and you get an automatic crossover. So, not sure how much more work you want to do since it seems this is already invented. Good Luck.
Sounds interesting ,but here you can't lower usage of CPU by turning off any currency, because the things that are using most of the power are separate from calculations for each currency. Is his indicator also based on CCFp? Only one or two updates are planned and they are: calculating all candles without much CPU usage per tick and other is to show only the currencies that are in chosen currency pair.
Thanks!
Know thyself
Quoting ThreeHalf
Would love your input on JPY for today. Cheers.
As you can see JPY already started to "weaken" yesterday , then Trump commented and USD weakened and now it looks like JPY will weaken again, but be aware that there are different resistances to both sides in each pair, for example, in USDJPY there is larger resistance in upward movement than downward movement. There is upcoming news in calendar today so ,be aware that they might influence your trades. Currently USDJPY has large potential for movement so good news for USD is desirable right now.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB
Know thyself
hI FXANALYSIS y ou did great job,thanks from my core of heart.i have another request (if bother just ignore)but cja 's one quote always inspire me to ask stupid question to any master coder!!.if possible then add 2 things to indicators like attached pix (red arrow)12345678 and % based on your indicator caculations .i upload exe file i have no mq4 ..thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: STUPID Q N A BY CJA.png Size: 32 KB
Click to Enlarge Name: MT4 CURRENCY POWER.png Size: 62 KB
Attached File(s)
File Type: ex4 !MT4 CURRENCY POWER.ex4   14 KB | 2,340 downloads
Say something meaningful or Silence!!
Quoting fxanalysis
{quote} As you can see JPY already started to "weaken" yesterday , then Trump commented and USD weakened and now it looks like JPY will weaken again, but be aware that there are different resistances to both sides in each pair, for example, in USDJPY there is larger resistance in upward movement than downward movement. There is upcoming news in calendar today so ,be aware that they might influence your trades. Currently USDJPY has large potential for movement so good news for USD is desirable right now. {image}
thank you
  • Post #25
  • Quote
  • Edited 5:19pm Apr 13, 2017 4:54pm | Edited 5:19pm
Quoting classy
hI FXANALYSIS y ou did great job,thanks from my core of heart.i have another request (if bother just ignore)but cja 's one quote always inspire me to ask stupid question to any master coder!!.if possible then add 2 things to indicators like attached pix (red arrow)12345678 and % based on your indicator caculations .i upload exe file i have no mq4 ..thanks {image} {file} {image}
There are no stupid questions, only stupid answers. About suggestion , I don't think that it is necessary. It is better to put some effort in your analysis and think why it is weak or strong, than looking at indicator box like you showed. Also box would show how strong is the currency, it would show only location of line. How I read this indicator is, I see those lines as indication where the money is flowing, if they go up then money is flowing to those currencies, if down , then away. How to determine strength? Look at the angle of trend line , how smooth is the line , how far away from 0 it goes,how long is the trend(in time), that is the true indication of strength.
Regards and good luck!
Know thyself
Quoting Davit
Hi Erik Just a question your zero level what's it based on? Moving average?If so then how you determine what's appropriate MA for Zero should be. thank you
What is the name of the indicator ?
This is quite incredible indi, thank you! I'm testing it with ichimoku, possibly as an extra confirmation. Looks promising!
Quoting Dasa
This is quite incredible indi, thank you! I'm testing it with ichimoku, possibly as an extra confirmation. Looks promising!
Great, after testing, feel free to share your results.
Know thyself
Ran into some problem on my desktop with this, it worked perfectly on my laptop. Problem is that the indicator window fills almost the whole chart and I can't move the border downward. It worked when I opened a new chart and added the indi but when I added other indicators and changed the colors or the settings of the indicator it did it again. This is weird because laptop could handle it well.

-Dasa
Quoting Dasa
Ran into some problem on my desktop with this, it worked perfectly on my laptop. Problem is that the indicator window fills almost the whole chart and I can't move the border downward. It worked when I opened a new chart and added the indi but when I added other indicators and changed the colors or the settings of the indicator it did it again. This is weird because laptop could handle it well. -Dasa
Try this one, you should be able to change border size.
Attached File(s)
File Type: ex4 EKS_MF_3.0.1.ex4   62 KB | 1,371 downloads
Know thyself
Quoting fxanalysis
{quote} Try this one, you should be able to change border size. {file}
Thank you so much!! I wondered quite a while what was wrong.
{image} {image}

Hi CLassy

Just wondering , how is the currency strength percentages in the currency power box calculated?
Let the Market come to you
Hello Fxanalysis, your Currency Strength Indy is excellent. But could you please add the following features:
-Multi Time Frame Ability
-Show only Chart Pair
-Alert for Cross-Over of the individual Oscillators, as well as Cross-Over of 0 Level.

You Indy has been very useful for me, Thanks.
Quoting abu99er
Hello Fxanalysis, your Currency Strength Indy is excellent. But could you please add the following features: -Multi Time Frame Ability -Show only Chart Pair -Alert for Cross-Over of the individual Oscillators, as well as Cross-Over of 0 Level. You Indy has been very useful for me, Thanks.
It's great to hear good responses.
Thank you for update ideas, I will consider them.
Know thyself
You can try also this: https://www.forexfactory.com/showthr...17#post9308217
Attached Image
Attached File(s)
File Type: mq4 smStrengthRange09_v4.1.mq4   45 KB | 1,996 downloads
GoldenCross Profit This Week: na
Quoting classy
hI FXANALYSIS y ou did great job,thanks from my core of heart.i have another request (if bother just ignore)but cja 's one quote always inspire me to ask stupid question to any master coder!!.if possible then add 2 things to indicators like attached pix (red arrow)12345678 and % based on your indicator caculations .i upload exe file i have no mq4 ..thanks {image} {file} {image}
can you send all that currnecy indicators
Quoting SwingMan
You can try also this: https://www.forexfactory.com/showthr...17#post9308217 {image} {file}
Thanks for sharing your invaluable work, it has been very useful and interesting for me. Can I request when you have some available time, extend the calculation for W1 and NM? Thanks in advance.
Humble & Kalcker CLO2 = Covid killer
Quoting jusiur
...Thanks for sharing your invaluable work, it has been very useful and interesting for me. Can I request when you have some available time, extend the calculation for W1 and NM? Thanks in advance.
More than sure I will have no time for it!

If you inform yourself, you will learn that this indicator and many other variations here in forum, use for calculations the distance between current close and low of the day.
What do you want to take for W1 or MN ...?

All users believe that this is the ultimate formula.
I have written in another post that there are still two or three variants, where one is a calculation with momentum or with MA-Slope.
For these variants one can change the timeframe without problems.
GoldenCross Profit This Week: na
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