Ultimate Strength Meter Strong VS Weak
The indicator was created by a former employee of the hedge fund, and it is specifically designed to measure the strength of the 8 most popular currency pairs. This allows you to quickly choose the best pair to trade (strong versus weak), and helps you avoid those couples who are in a state of consolidation (have momentum).
- For more information, see screenshots, and if you have any questions, please contact us. We are always happy to help.
- Note that the version of this indicator for MetaTrader 4 has been around for more than a year, reviews / comments can be found here: https://www.mql5.com/ru/market/product/12694
- Also, be sure to watch our short video. It includes the top 10 trading rules of hedge funds, which must know each trader.
Features
- Easily track force on 8 major currencies and all 28 pairs. USD, EUR, JPY, GBP, CHF, AUD, NZD and CAD
- The exact timing for the start of the data analysis. For example: Start of the trading session in New York, or after the news release.
- Alerts crossings in real time.
- Fully customizable colors and display currencies.
- The construction schedule for the analysis of intersections and tracking of potential extremes.
- Analysis of strength / weakness in percent, a direct comparison of the two currencies.
indicator settings
- Use Alert: True = enable alerts, False = disable
- alerts Interval: Interval in order to receive alerts intersections.
- Start Time: Select the start time of data analysis.
- Color Up: Color currency with a higher value.
- Color Down: Color currency with a lower value.
- Color None: Color blank lines.
- Text Color: Text Color in a direct comparison.
- Line Color: Text Color in the field of general interest.
- Text Size: Font size for the general meaning of the text.
- Xspace: Horizontal padding in a direct comparison.
- Yspace: Vertical padding in a direct comparison.
- Xoverall: Location field of common values.
- Xconclusion: Location area currency rating.
- Space_y: Vertical padding in the ranking of currencies.
- Space_x: Horizontal padding in the ranking of currencies.
- Currency Selection: Select currencies, True = show, False = do not show
- Currency colors: The color of each currency.
- Line Thickness: The thickness of the lines on the chart.
For best results, make sure that the "max bars" is set to no more than 50,000.
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