Login / Register
Add a review
Log in
Sign UP
[bws_google_captcha]
Currency Power Meter Linear MT5

0.00

A linear indicator of the strength of currencies with the ability to filter by smoothing values. Shows the current strength of the selected currencies (maximum 8), as well as historical values. Made on the basis of CPM Extended MT5. The calculation depends on the selected timeframe of the chart on which the indicator is installed.

Alternative options for calculating the strength of currencies: Currency power correlation MACD,  Real Currency Power Meter Linear,  Relative Pairs Correlation

  • IPeriod – the number of bars for analyzing the strength of currencies.
  • HistoryBars – the number of calculated bars on the history. The parameter affects the execution time at the first start. It is also necessary to reduce the necessary historical data while limiting the length of the broker’s history.
  • SmoothingPeriod – data smoothing period (to disable smoothing, set the value of this parameter = 1).
  • SmoothingMethod is a method for smoothing data.
  • ShowPairLabels – enables/disables the display of labels with the name of currencies in the left part of the indicator window.
  • LabelsFontSize – font size of currency labels.
  • ShowRatio1 is the name of the currency to display.
  • ShowRatio2 is the name of the currency to display.
  • ShowRatio3 – name of the currency to display.
  • ShowRatio4 is the name of the currency to display.
  • ShowRatio5 is the name of the currency to display.
  • ShowRatio6 is the name of the currency to display.
  • ShowRatio7 is the name of the currency to display.
  • ShowRatio8 is the name of the currency to display.
  • UsePairs is a list of currency pairs for calculating currency strength. Full list of 28 currency pairs for 8 major currencies: EURUSD, EURGBP, EURCHF, EURJPY, EURAUD, EURNZD, EURCAD, GBPUSD, GBPJPY, GBPCHF, GBPAUD, GBPNZD, GBPCAD, AUDUSD, AUDJPY, AUDCHF, AUDCAD, AUDNZD, NZDUSD, NZDCHF, NZDJPY, NZDCAD, CADCHF, USDCAD, CADJPY, USDCHF, CHFJPY, USDJPY.
  • PairPreffix is an additional prefix of currency pairs. For example, when naming a currency, EURUSD.e prefix = “.e”.
  • ShowWarningComments – enable/disable comments about errors during operation, for example, about the absence of quotes for a currency pair or the required length of history for a currency pair from a broker.
  • Label 1 – 5 color – label colors.
Add review
Reviews ( 0 ):