Currency Strength Meter 8
From the Old Kings archive: Currency Strength Meter 8, an indicator for MetaTrader 4. Its name points to currency strength across pairs. In the code it works with RSI. It shows an on-chart panel. It has 10 settings, for example instr One (default EURUSD), instr Two (default AUDUSD) and instr Three (default NZDUSD). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Currency Strength Meter 8
Currency Strength Meter 8 is an indicator for MetaTrader 4 based on RSI. It shows several symbols in one panel. It has 10 settings, such as Instr one, Instr two and Instr three. MQL source code included.
Files in the download: Currency Strength Meter (1).mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Instr one | EURUSD | Instrument 1 |
| Instr two | AUDUSD | Instrument 2 |
| Instr three | NZDUSD | Instrument 3 |
| Instr four | USDJPY | Instrument 4 |
| Color one | clrRed | Instrument 1 Color |
| Color two | clrViolet | Instrument 2 Color |
| Color three | clrGreen | Instrument 3 Color |
| Color four | clrBlue | Instrument 4 Color |
| Indicator period | 14 | Indicator Period |
| Applied price | PRICE_CLOSE | Indicator Applied Price |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Currency Strength · Dashboards & Scanners · RSI · MT4 Indicator · MQL4 Source Code