Indicatore
Forex
EURUSD
USDJPY
4 Currencies V2_NSC
Logo di "4 Currencies V2_NSC"
03/09/2025
Desktop
Immagine caricata di "4 Currencies V2_NSC"Immagine caricata di "4 Currencies V2_NSC"Immagine caricata di "4 Currencies V2_NSC"Immagine caricata di "4 Currencies V2_NSC"

If you've spent any time in the Forex markets, you know how tricky it can be to figure out which currency is genuinely driving a move, especially when you're looking at multiple pairs. I often found myself wanting a clearer way to see the individual performance of major currencies, not just how one pair was behaving.

That’s why I developed this Relative Currency Strength indicator.

The idea is pretty straightforward: it aims to measure and display the relative strength of the AUD, USD, EUR, and JPY. It does this by looking at how each of these currencies is performing against a basket of the others (specifically across pairs like AUDUSD, AUDEUR, AUDJPY, EURUSD, EURJPY, and USDJPY) over a lookback period that you can define.

How I've found it helpful, and how it might help you:

  • Better Pair Selection: Sometimes, seeing that, for instance, AUD is consistently strengthening while JPY is weakening can give you a nudge to take a closer look at AUD/JPY. It can help filter down the pairs you focus on.
  • Understanding Market Drivers: When a pair like EUR/USD moves, is it mostly USD strength or EUR weakness? This indicator can give you some perspective on that, helping you understand the broader flow.
  • Tailor to Your Style:
    • You can adjust the LookbackPeriod (default is 14 bars). A shorter period will be more responsive, a longer one will show more established trends.
    • There's also a SmoothingPeriod (default is 5 bars) which applies an EMA to the strength lines. This can help reduce some of the noise if you prefer a smoother output. If you want the raw calculation, just set smoothing to 0.
  • Clear Visuals: It plots each currency's strength as a separate line in its own window below your main chart, so it doesn’t clutter up your price action.
  • Reliable Data: The calculations are done on the close of each bar, so the lines won't repaint or change once a bar is complete.

No indicator is a crystal ball, and this one is no different. It's a tool. I've found it to be a useful part of my analysis process, especially for confirming ideas or getting a quick overview of what the major currencies are up to.

Heads up, given that this indicator is pulling data for all currency pairs to effectively calculate true relative strength, this indicator can be resource heavy and break Ctrader at times if you have other resource heavy indicators as well. I have had this occur once in the past month on my 5 year old PC so it should not happen regularly. But if it does, a simple refresh of the window timeframe or a simple adjustment of the period settings by +/-1 will force a recalculate and the indicator will appear again.




--------------------------

Please feel free to check out my other indicators!

https://ctrader.com/products/1181

https://ctrader.com/products/1182

https://ctrader.com/products/1180

https://ctrader.com/products/1015

https://ctrader.com/products/555

https://ctrader.com/products/553

https://ctrader.com/products/554

https://ctrader.com/products/552

https://ctrader.com/products/557

https://ctrader.com/products/845

https://ctrader.com/products/848

https://ctrader.com/products/847

https://ctrader.com/products/846

https://ctrader.com/products/551

https://ctrader.com/products/574

https://ctrader.com/products/573

https://ctrader.com/products/556

https://ctrader.com/products/558

https://ctrader.com/products/559

https://ctrader.com/products/560

0.0
Recensioni: 0
Recensioni dei clienti
Questo prodotto non ha ancora ricevuto recensioni. L'hai già provato? Fallo sapere agli altri per primo!
Altro da questo autore
Market Sessions - Free
Track major trading sessions (Tokyo, London, New York) with customizable colors and visual sessions on your chart.
Supply Demand V1-Premium
Auto-detect supply & demand zones, remove broken levels, and trade smarter with real-time alerts. Precision made simple.
Supply Demand - BasicV1
Supply and demand zones. They're important. Here's a free version to get you started!
MTF Candle Window - On Chart
The Multi-Timeframe Candle Indicator displays candles from multiple timeframes in one window, enhancing market analysis!
Market Sessions V2_NSC
Market Session V2: Full Control. colors, history, session/text toggles, font size. Elevate your strategy!
Volume Profile Triple Line - POC Median Mode
The Advanced Volume Profile Indicator calculates POC, Median, and Mode, revealing key price levels for smarter trading.
VWAP - London Open
VWAP Set to London Open
MTF Candle Countdown
Stay ahead with a real-time countdown to candle closes on all key timeframes: 5m, 15m, 30m, 1H, 4H, and Daily.
VWAP Tokyo Open
VWAP Set to Tokyo Open
Supply Demand Premium V2_NSC
The long awaited new and improved Supply Demand Premium V2 indicator. Unlock greater trading opportunities now!
Indicatore
Indices
Forex
Signal
+2
US Dollar Index
US Dollar Index
Market Session V3_NSC
Version 3: Full control of session display including start and end times of all 3 sessions!
Open Trade PipsV1
This indicator tracks the unrealised amount of pips in your open positions.
Indicatore
Indices
Commodities
CCI - With Arrows and 40 80 EMA Logic_noSourceCode
The Advanced CCI & EMA Indicator combines the CCI with 40 & 80 EMA logic to generate precise arrows signaling direction
Open Trade ProfitV1
A simple indicator that tracks the value of your open trades in pips.
Indicatore
Signal
USDJPY
On Balance Volume USD - Combined
See USD demand in one line—Composite OBV fuses six major FX pairs into a clear momentum gauge.
Indicatore
Indices
Forex
EURUSD
+1
DXY w HMA
DXY HMA Indicator
Commodity Channel Index Smoothed w Alerts_NSC
Smoothed CCI alerts! Audio & arrow signals for +/-100 crosses. Custom sounds & arrow filters. Precision trading!
Potrebbe interessarti anche
Indicatore
Signal
Scalping
Major Tops and Bottoms
Average accuracy of around 60% to 70% on 45min timeframes it is highly recommended to use stop losses
Più votato
Gratis
FairValueGap
This Fair Value Gap (FVG) indicator is a technical analysis tool used to identify potential price imbalances.
[Hamster-Coder] Moving Average
Universal Moving Average indicator with extended features
Indicatore
RSI
XAUUSD
Breakout
+6
ZigZag
ZigZag filters noise, spots trends, patterns, pivots, aiding analysis, trade management, and confirmations. 📉📈
FVG
The Indicator is a powerful tool for price-action traders seeking to identify and exploit short-term imbalances.
Indicatore
Commodities
Forex
Compra e Venda
Indicador Compra e Venda é um rastreador de tendência.
Indicatore
Bollinger
JMA
Jurik Moving Average (Jurik's Moving Average) triple adaptive filter with unique Jurik smoothing and dynamic factor.
Renko Reversal
Renko Reversal catches powerful wick rejections on cTrader.
LT Flexible Volume Profile
Flexible Volume Profile, designed with performance in mind.
Indicatore
Forex
Signal
USDJPY
Yen Strength - Line Momentum
Single-line JPY Strength Indicator: Track yen momentum swiftly across key pairs—achieve clarity in your forex trades!
Indicatore
Grid
NAS100
XAUUSD
+6
AutoFibRetracement
A powerful overlay tool designed to automatically plot Fibonacci retracement levels based on a custom window.
Indicatore
Indices
RSI
XAUUSD
+9
RsiMultiFrameOBOS
Multi-Timeframe Trend Dots RSI
IR Ichimoku Macd
this indicaotr show distance between Tenkan to Kijun, Close to Kijun and Close to Tenkan 
Indicatore
NAS100
NZDUSD
Breakout
+12
Initial Balance Breakout Signals
📈 Initial Balance Breakout Signals: visually accurate IB levels, breakout alerts & forecast zones for smart trading.
[Stellar Strategies] Inside Bar with Signals
Visually master the Inside Bar strategy with clear breakout signals and professional chart highlighting 📈🔔📉
Popolare
$ 15
MA Sabres
Conquer the markets with MA Sabres! This indicator spots trend flips with MAs and cool Sabre shapes & alerts.
MM-Symbol Info (free)
Enhance the trading experience with real-time Spread, Time To Close, rPNL, uPNL, PNL and minimalistic Bid / Ask lines
[Stellar Strategies] Wave Trend Pro
Momentum oscillator identifying reversals using dual WaveTrend lines, histogram, and OB/OS levels with optional signals.