Currency Strength

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Currency Strength

Postby Apprentice » Sat Sep 21, 2013 6:46 pm

Currency Strength.png


1. Calculate (B-L)/(H-L)
B = current bid price
H = Period high
L = Period low
2. The result from step 1 resolves itself into a value between 0 and 1
3. Re-scale into a value between 1 and 10.
4. If the currency is YYY,
For XXX/YYY pairs
Subtracted 3
For YYY/XXX pairs
Add 3

5. Average

Currency Strength.lua
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Apprentice
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Re: Currency Strength

Postby Apprentice » Wed Aug 01, 2018 10:12 am

The Indicator was revised and updated.
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Apprentice
FXCodeBase: Confirmed User
 
Posts: 36435
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


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