Dear Gauer, The core calculations were not changed, only some features are added. Thanks.

An indicator for the strength of a currency

The indicator had a problem considering previous quotes and refreshing new data. The problem is resolved, please download the indicator again.

An indicator for the strength of a currency

Thank you for your feedback. OK, I will work on it.

An indicator for the strength of a currency

OK guys, I have created the new version of the Daily Currency Strength indicator. The new feature are: Session indicator is added. The symbol, level, width, and color of the session signals can be changed. Setting the level to 0 will hide the ...

An indicator for the strength of a currency

Thank you for your feedback. Early, it is a bit difficult to work with the indicator, but after a couple of days, you memorize the colors. However, I will add the colored notes. In addition, I am adding the session indicator.

An indicator for the strength of a currency

Hi energyliger, I found the mentioned author, ziheng zhuang, and the page for the currency strength (he calls it Currency Relative Strength): Currency Relative Strength Thanks for your comments, I think that here are more experienced traders who can ...

An indicator for the strength of a currency

Thank you for the pictures and analysis.

An indicator for the strength of a currency

Excellent.

An indicator for the strength of a currency

I see that you have used ±1% threshold for making decision. Please share your experience about using this threshold in trading. Thanks.

An indicator for the strength of a currency

What an interesting view from the indicator. Thanks a lot for your picture. You presented a nice application of currency strength. Please send more pictures of your trading positions using this indicator.

An indicator for the strength of a currency

Hi dear Kosomolate, Remarkable view from your application of trading currency baskets. This is what I was first looking for, trading a currency. I also created an EA for trading multiple pairs as fast as possible, here is a view of my multiple pairs ...

An indicator for the strength of a currency

Hi timingchain, Thank you very much for the indicator. It looks very interesting. I think that most strength indicators show similar signals, however, different traders do different interpretations. Some take into account crossing of the signals and ...

An indicator for the strength of a currency

Very good dear thisara1, Please give us your feedback and tell us about your method of using Currency Strength indicator, if is possible. Thanks. Good luck.

An indicator for the strength of a currency

Dear energyliger, Hi. Thanks for your indicator and description. There are many possibilities about creating such an indicator. But, the base formula is the same as the indicator presented at the first post. Sorry, but I can not help in this case. I ...

An indicator for the strength of a currency

Hi dear Pivot Ruler, thanks a lot for such a great site. It produces very similar signals.

An indicator for the strength of a currency

Thanks dear Gauer. I had no time to check the indicator until now. But, it is interesting to see that when a currency index is upper than the other (for instance, when USD is upper than JPY), then it is a confirmation of increasing of the price ...

An indicator for the strength of a currency

I was very busy in the last two days. But, I have created the indicator for COT of strength. Please find it at the first post. The figure bellow, is a picture of the USDJPY chart and the COT indicator in 15 min time-frame: image Please give your ...

An indicator for the strength of a currency

OK dear Gauer, I got it. I will code it and inform you. Thank you for complete explanation.

An indicator for the strength of a currency