The Multi-Currency Strength Dashboard is a professional, real-time strength ranking tool designed to give traders a clear macro view of the forex market. It calculates relative strength for major currencies (USD, EUR, GBP, JPY, AUD, NZD, CAD, CHF) plus Gold (XAU) by analyzing percentage price changes across a basket of major pairs and multiple timeframes.
Instead of relying on a single timeframe, the dashboard uses a weighted multi-timeframe model (from M1 up to Monthly), producing a normalized strength score between 0 and 100, where 50 is neutral. This approach filters noise, improves stability, and highlights true institutional-grade flows. Results are displayed in a clean, ranked panel with color-coded strength levels and clear status labels, making it ideal for top-down analysis, pair selection, and confirmation trading.
Optional alerts notify you when USD reaches extreme overbought or oversold conditions, or when a sudden strength shift occurs. The dashboard updates automatically on new bars and adapts intelligently if broker data is limited, falling back to a simplified but reliable calculation.
How to Use
Attach the indicator to any chart (timeframe does not matter).
If your broker uses symbol suffixes (e.g. “.cash”), set SymbolSuffix accordingly.
Use the Rank column to identify the strongest and weakest currencies instantly.
Trade strong vs weak:
Buy pairs where the base currency ranks high and the quote ranks low.
Sell pairs where the base ranks low and the quote ranks high.
Use the dashboard as a filter or confirmation alongside your entry strategy (scalpers, intraday, or swing).
Enable USD alerts to monitor extreme conditions and potential reversals.
This dashboard excels as a market bias engine, helping you align trades with real strength, avoid choppy conditions, and focus only on high-probability currency combinations.
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