Strong vs. Weak

[kingshillpips]

This is a great indicator and I'd like to include it in one of my custom strategies but it is .bin format.

Is there a .lua version available?

Keep up the good work.

Best regards

Dimitris

[Apprentice]

Unfortunately not, Bin is intentional, to hide some proprietary elements.
You can use Strong Vs. Weak, as an external indicator,
from your strategy or contact me privately for more info.

[dwrench]

would it be possible to add the currency name to the end of the line
a signal when one or more started moving rapidly would be good too
and a piece of berry pie with hot coffee while i am at it
this is a phenomenal piece of work

[jay1994]

Is there a MT4 version of this indicator? Thanks.

[Apprentice]

Your request is added to the development list.

[dwrench]

is there a signal or alert that would notify when one or more of the currency's made a quick move out of the group?

[Apprentice]

Hm "quick move"?
Can you suggest an algorithm.
Your request is added to the development list.

[dwrench]

thank you for your quick response.
i am using the pip counter because the other screen runs together and i can't make out the lines without the currency being labeled.
would it be possible to get an alert when a currency moves 5 pips in a 5 minute time frame.
it would be best if the scale of the move (5,10,15, etc of number of pips) and time frame (1, 5,15, 30, etc minutes) was a programmable figure and not preset, to adjust for different trade sessions and periods of volatility
of course the next step would be a strategy but, must crawl before walking or running

[NicolaeZ]

Hello,

I've checked the values provided by the indicator and I've found important differences deemed to invalidate any analysis on this indicator.

Indicator Properties:
Data source: Period 4H
Selector: All currencies YES
Calculation Mode: Pips
MA Parameters:
Price Source: CLOSE
MA Method: MVA
Period: 200

For the 4H candle opened at 13.00 on 22.11.2013 (TSII - NY time)
The indicator provides the following values (decimals not relevant):

USD 3.368 EUR: 497 GBP: 2303 CHF: 390 JPY: -793 AUD: -1.129 NZD: -416 CAD: -98

The manual counting gives the following values:

USD 624 EUR: 996 GBP: 2476 CHF: 781 JPY: -1587 AUD: -2260 NZD: -833 CAD: -197

As we can see, is not about small differences caused by spreads.
USD gives us a difference of about 2800 pips, EUR diff: 500; GBP diff: 150; CHF diff. 400 pips;
JPY diff.: 800; AUD diff. 1200; NZD diff. 400; CAD diff. 100

As we can see, there is no identifiable rule for the deviation (such as a multiplicative factor).
We get also different ranking:
On indicator ranking is USD GBP EUR CHF CAD NZD JPY AUD
On manual counting ranking is GBP EUR CHF USD CAD NZD JPY AUD

Please can you check the algorithm?
Thank you in advance,

Nicolae

[Apprentice]

Let's do a little test.
Unsubscribe from all currency pairs except Eur/Usd
The difference (in pips) between the moving average and closing price.
It should be the sum of the absolute values ​​for EUR and USD.
EUR strength is calculated on the basis of all the currency pairs that contain the EUR.
Perhaps you are using smaller or different sample of.