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REGISTER PARTICIPANTS Indicator Currency Relative Strength Mt4

Discussion in 'Technical Indicators MetaTrader 4' started by James Goldman, Nov 1, 2020.

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  1. James Goldman

    James Goldman Moderator
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    Currency Relative Strength

    #currencyrelativestrength

    currency-relative-strength-logo-200x200-3201.png

    This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY.
    The strength value is normalized to the range 0-100:
    • The value above 60 means strong.
    • The value below 40 means weak.
    This indicator needs the data of all 28 paris and 9 timeframes.
    Use the EA Downloadhistory28&9 to download data automatically. --> You are not allowed to view links. Register or Login

    [/b] I coded an EA with this indicator, the EA has a GUI which provides manual trade ,grid strategy, profit protect,breakeven and trailing stop:
    You are not allowed to view links. Register or Login

    Reference for calling it in EA : You are not allowed to view links. Register or Login

    Inputs (full screenshot : You are not allowed to view links. Register or Login)
    • OnlyShowCurrentPairs - if it is true, only shows the pair of the current chart,otherwise shows all 8 curves.
    • BarsToShow - Number of bars to show the strength curve.
    • MaPeriodsToSmoothLines - Moving Average periods for smoothing strength lines.
    • Suffix - Symbol suffix.
    • FontSize - the font size of the figure, the default is 13
    • RowSpace - the row space of the figure, the default is 17
    The below 2 inputs are for alert when there is a cross bewteen two curves:
    • AlertType - This is 5-option input for alert crossing. NONE means no alert. Alert after a crossing is finished.
    • AlertSymbol - Select all symbols or only current symbol for alert crossing.
    AlertType-- a 5-option input:
    • NONE --- DO NOT Alert
    • Popup --- Popup a window
    • Email --- Send email
    • Popup&Email ---Popup a window and send email
    • PUSH NOTIFICATION --- Push mobile message by MT4 APP.
    The below 2 inputs are for sending the strength numbers of all 8 curves:
    • Email - Send email for strength data on a new bar or after the specified number of minutes.
    • IntervalMinutes - if it is 0, send email on a new bar, otherwise send email after the specified number of minutes.
    The below 6 inputs are for alert when there is a curve crossing up the level of 60(stronger) or crossing down the level of 40(weaker):
    • Currency Cross Level Setting (Stronger/Weaker)- -======
    • AlertType - this is 4-option input. NONE means no alert.
    • AlertCurrency - select all 8 currencies or only current currency of the chart.
    • BarIndex - 0 presents the current bar,it means the crossing occurs between the first bar and the second bar.
    • CrossUpLevel - a level for crossing up, the default is 60.
    • CrossDownLevel - a level for crossing down, the default is 40.
    The below 6 inputs are for oversold (currency cross above 20) or overbought(currency cross below 80):
    • Currency Cross Level Setting (Oversold/Overbought) - ======
    • AlertType - this is 4-option input. NONE means no alert.
    • AlertCurrency - select all 8 currencies or only current currency of the chart.
    • BarIndex - 0 presents the current bar,it means the crossing occurs between the first bar and the second bar.
    • CrossUpLevel - a level for crossing up, the default is 20.
    • CrossDownLevel - a level for crossing down, the default is 80.

    currency-relative-strength-screen-5231.png currency-relative-strength-screen-5170.png currency-relative-strength-screen-3358.png currency-relative-strength-screen-3530.png currency-relative-strength-screen-7271.png

     

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