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Currency Strength 7

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The Currency Strength 7 technical indicator is a great tool for determining the strength of the 7 most popular currencies. It analyzes the currencies AUD, USD, EUR, GBP, JPY, CHF, CAD and shows their strength on the chart using lines. The main advantage is that it draws more historical data for analysis and getting a better idea of market movements.

The indicator works on the basis of Moving Average data and draws ” “icons for strong positions and” – ” icons for weak positions. Works on any timeframe. It is strongly recommended to use higher timeframes.

  • Simple parameters
  • The chart shows more historical data
  • Configurable filtering of signals by Moving Average
  • The indicator generates signals in a separate window
  • Very fast activity

  • Moving Average Parameters
    • MA Method – method for smoothing the moving average
    • MA Apply to – the price used to calculate the moving average
    • Fast MA Period – the period of the fast moving average
    • Slow MA Period – the period of the slow moving average
  • Line drawing parameters
    • History – the number of history bars for building historical data
    • Line Width – the thickness of the force lines
    • AUD – Color of the AUD line
    • USD – Color of the USD line
    • EUR – Color of the EUR line
    • GBP – Color of the GBP line
    • JPY – Line color of the JPY line
    • CHF – Color of the line CHF
    • CAD-Color of the CAD line
    • Font Size – the font size for all text elements

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  • MA Method – method for smoothing the moving average
  • MA Apply to – the price used to calculate the moving average
  • Fast MA Period – the period of the fast moving average
  • Slow MA Period – the period of the slow moving average
  • History – the number of history bars for building historical data
  • Line Width – the thickness of the force lines
  • AUD – Color of the AUD line
  • USD – Color of the USD line
  • EUR – Color of the EUR line
  • GBP – Color of the GBP line
  • JPY – Line color of the JPY line
  • CHF – Color of the line CHF
  • CAD-Color of the CAD line
  • Font Size – the font size for all text elements

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