by 
Multi-Timeframe Analysis Suite calculates trend direction and momentum conditions across five user-selected timeframes using moving averages, RSI, and Stochastic oscillators. It evaluates moving average slope and oscillator levels to compute trend alignment, m
Indicator · Pine Script v5 · Own pane
Currency Strength Chart
This indicator calculates and plots the relative strength of major forex currencies and optional commodities in a separate pane.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code513
Settings40inputs
LicenceNone stated
Last update4 years ago5 Aug 2022
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Currency Strength Chart fetches price data across configurable broker feeds to calculate relative performance over a selected resolution or lookback period. Traders can toggle individual currencies on or off, apply moving average smoothing filters, and adjust color themes to identify driving currencies and strength imbalances across pairs.
- Multi-currency strength matrix for major forex pairs
- Support for multiple broker data sources
- Flexible auto-resolution and lookback calculations
- Moving average smoothing with customizable MA types
- Individual currency and commodity display toggles
Details
Published by
itmakesyousick on GitHub
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Screeners & dashboards, Oscillators & momentum, Moving averages
Markets
Forex, Gold, Oil & commodities
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Topics
pinescript
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Resolution | string | auto | resotype |
| Lookback Number | int | 100 | Lookback Number |
| Brokers | string | OANDA | BROKER |
| Smoothing | int | 1 | smooth |
| Smoothing type | string | SMA | smoothtype |
| EUR | bool | true | show_EUR |
| USD | bool | true | show_USD |
| JPY | bool | true | show_JPY |
| GBP | bool | true | show_GBP |
| CHF | bool | true | show_CHF |
| AUD | bool | true | show_AUD |
| CAD | bool | true | show_CAD |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| NZD | bool | true | show_NZD |
| XAU | bool | false | show_XAU |
| XAG | bool | false | show_XAG |
| OIL | bool | false | show_OIL |
| EUR | color | color.red | c_eur |
| USD | color | color.orange | c_usd |
| JPY | color | color.aqua | c_jpy |
| GBP | color | color.green | c_gbp |
| CHF | color | color.maroon | c_chf |
| AUD | color | color.blue | c_aud |
| CAD | color | color.purple | c_cad |
| NZD | color | color.fuchsia | c_nzd |
| XAU | color | #D7BE69 | c_xau |
| XAG | color | color.silver | c_xag |
| OIL | color | #745433 | c_oil |
| Color theme | string | monokai | color_theme |
| Line width | int | 2 | linewidth |
| Extended line style | string | line.style_dotted | lineStyle |
| Line extend | string | No | isLineExtend |
| Name label | bool | true | show_labels |
| Label size | string | size.normal | labelsize |
| Label offset | int | 5 | labelOffset |
| Panel | bool | true | show_panel |
| Position | string | position.top_right | panel_position |
| Flag size | string | size.large | panel_flag_size |
| Text size | string | size.normal | panel_text_size |
| Color theme | string | multi | panel_theme |
| Currency pair strength | bool | false | show_pair |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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