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A very powerful tool that assesses this direction and potency of this tendency of 8 big world monies: EUR, GBP, AUD, NZD, CAD, CHF, JPY, USD – equally in real time and to historic data. The index gives a sound signal and a message when the trend changes. signals are not redrawn.

The strength of the trend is calculated for all pairs that include these currencies (a total of 28 pairs) can take values from 0 to 6 on a bullish trend, and from 0 to -6 on a bearish trend.

This way you will never miss a fantastic movement. By placing the indicator on the chart of one currency pair, you follow the trend on 28 instruments.

The demo version of the indicator can be downloaded from here.

The demo version of the indicator can be downloaded from here.

(here is an example of the strength of the currency for a bullish trend, for a bearish one-the value will be negative)

  • 0-2-currency in a sideways movement (flat)
  • 3-4-the currency is in a good trend movement, optimal for trading
  • 5-6 – very strong trend, possible correction

The greater the difference in strength between two currencies, the stronger the trend of the currency pair in which these currencies are included.

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Please note!

The indicator signals should not be used directly to enter the market!

By the time the signal occurs, as a rule, a strong trend has already developed, so you must wait for a pullback and enter the market at the current or lower TF according to the indications of other indicators, such as Trend Monitor.

The indicator signals should not be used directly to enter the market!

By the time the signal occurs, as a rule, a strong trend has already developed, so you must wait for a pullback and enter the market at the current or lower TF according to the indications of other indicators, such as Trend Monitor.

  • Counting bars – the number of bars to calculate the history
  • Symbol Prefix-prefix for a non-standard currency pair symbol name
  • Symbol Suffix – suffix
  • Color of UP-trend signal – color of bullish trend arrows
  • Color of DOWN-trend signal – color of bearish trend arrows
  • Size of Signal’s Arrows (0-disable) – size of arrows that signal a trend change (if =0-not displayed)
  • Size of the Arrow of the trend’s direction (0-disable) – size of the trend direction arrow in the upper right corner (if =0-not displayed)
  • Color EUR, Color GBP, Color AUD, Color NZD, Color CAD, Color CHF, Color JPY,Color USD – colors of the trend lines of 8 currencies in the indicator subwindow
  • ON/OFF – Sound when the signal-resolution of the audio signal
  • Sound of formation of the trend – the sound of a trend change signal
  • ON/OFF-Alert – messages in the terminal when the trend changes
  • ON/OFF-Mail – sending messages to e-mail
  • ON/OFF-Push-sending push messages to mobile devices

It is extremely important to have complete historical data for 28 currency pairs, otherwise the indicator readings will be incorrect!

It is extremely important to have complete historical data for 28 currency pairs, otherwise the indicator readings will be incorrect!

The indicator can load historical data independently. But it takes a considerable time (up to 3 minutes, depending on the download speed). Therefore, to speed up the indicator and display data correctly, before the first launch of the indicator, it is strongly recommended to run the free “Download Quotes” script, which will automatically connect the tools to the MarketWatch terminal window and download historical data for all 28 currency pairs on all timeframes.

This procedure should be done only once before the first launch of the indicator.

The indicator can load historical data independently. But it takes a considerable time (up to 3 minutes, depending on the download speed). Therefore, to speed up the indicator and display data correctly, before the first launch of the indicator, it is strongly recommended to run the free “Download Quotes” script, which will automatically connect the tools to the MarketWatch terminal window and download historical data for all 28 currency pairs on all timeframes.

This procedure should be done only once before the first launch of the indicator.

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