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Absolute currency strength for MT5

0.00

Indicator measures strength of each currency in your list.

Main idea:

It simply iterates through all combinations of pairs and adds difference between open and close in percent.

Parameters:

  • List of currencies – what currencies will be calculated (maximum is 8)
  • Calculation type – from which data will be strength calculated
  • Calculation data input – used as input related to calculation type
  • Symbol suffix – used in case of suffix on symbols, e.g: when your symbols look like EURUSDm, EURUSDmicro etc. (suffix is “m”, “micro”)

Calculation type:

From which source are open and close prices taken.

  • RAW – raw data
  • MA – simple moving average with period taken from “Calculation data”
  • List of currencies – what currencies will be calculated (maximum is 8)
  • Calculation type – from which data will be strength calculated
  • Calculation data input – used as input related to calculation type
  • Symbol suffix – used in case of suffix on symbols, e.g: when your symbols look like EURUSDm, EURUSDmicro etc. (suffix is “m”, “micro”)

Calculation type:

From which source are open and close prices taken.

  • RAW – raw data
  • MA – simple moving average with period taken from “Calculation data”

[spoiler title=”Read More…”]

Calculation type:

From which source are open and close prices taken.

  • RAW – raw data
  • MA – simple moving average with period taken from “Calculation data”
  • RAW – raw data
  • MA – simple moving average with period taken from “Calculation data”

[/spoiler]

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