This indicator plots the Schaff Trend Cycle in a separate pane. It subtracts a slow exponential moving average from a fast one, applies a stochastic cycle twice, and smooths each result to form a 0–100 oscillator. Line color follows the slope, or the upper and
Indicator · Pine Script v5 · Own pane
Currency Strength Chart
The Currency Strength Chart calculates and plots relative currency strength values for major forex currencies in a separate pane.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code657
Settings40inputs
LicenceNone statedfile: MPL-2.0
Last update4 years ago5 Aug 2022
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
657 lines of Pine Script v5 from v30.0.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © boitoki
//@version=5
//@see https://currency-strength.com/
//@see https://currency-strength.com/about.html
indicator('Currency Strength Chart', overlay=false, precision=2, max_labels_count=20)
import boitoki/TableColorTheme/1 as mycolor
import boitoki/AwesomeColor/2 as ac
import boitoki/ma_function/3 as ma
////////////////////
// Defines
////////////////////
noneColor = color.new(color.black, 100)
GP1 = 'General:'
GP2 = 'Display:'
GP3 = 'Colors:'
GP4 = 'Panel:'
GP5 = 'Source:'
GP6 = 'Options:'
GP7 = 'Line style:'
GP8 = 'Label style:'
GP9 = 'Currency pair strength:'
EUR_FLAG = '🇪🇺'
USD_FLAG = '🇺🇸'
JPY_FLAG = '🇯🇵'
CHF_FLAG = '🇨🇭'
GBP_FLAG = '🇬🇧'
AUD_FLAG = '🇦🇺'
CAD_FLAG = '🇨🇦'
NZD_FLAG = '🇳🇿'
t_reso_customize = 'Resolution'
t_reso_lookback = 'Lookback periods'
t_reso_auto = 'Auto'
////////////////////
//
////////////////////
get_reso (_mode, _auto, _input) =>
switch _mode
t_reso_auto => _auto
t_reso_lookback => timeframe.period
t_reso_customize => _input
=> _input
calc_source (_type, _source, _length, _smooth) =>
switch _type
'RSI' => ta.rsi(_source, _length)
'CCI' => ta.cci(_source, _length) + 1000
'Stochastics' => ta.sma(ta.stoch(_source, high, low, _length), _smooth)
=> _source
////////////////////
// Inputs
////////////////////
string reso_autovalue = not timeframe.isintraday ? '12M' : timeframe.multiplier >= 60 ? 'W' : timeframe.multiplier >= 240 ? 'M' : 'D'
string i_reso_mode = input.string(defval=t_reso_auto, title='Mode', options=[t_reso_auto, t_reso_customize, t_reso_lookback], group=GP1)
string i_reso_value = input.timeframe(defval='D', title='Resolution', group=GP1, tooltip='When you choose the "Resolution" on the mode.')
string reso = get_reso(i_reso_mode, reso_autovalue, i_reso_value)
i_reso_lookback = i_reso_mode == t_reso_lookback ? input.int(defval=100, title='Lookback periods', minval=1, group=GP1, tooltip='When you choose the "Lookback periods" on the mode.') : 1
i_broker = input.string(title='Brokers', options=['OANDA', 'FOREXCOM', 'SAXO', 'FX_IDC', 'FX'], defval='OANDA', group=GP1)
////////////////////
// Source
////////////////////
i_source = input.source(defval=close, title='Source', group=GP5)
i_calc = input.string(defval='Price', title='Calculate by', options=['Price', 'RSI', 'CCI', 'Stochastics'], inline='calc', group=GP5)
i_length = input.int(defval=7, title='', inline='calc', group=GP5, tooltip='A value that is valid for non `Price`.')
i_smoothtype = input.string(defval='SMA', title='Smoothing', options=['SMA', 'EMA', 'RMA', 'WMA', 'VWMA', 'HMA', 'LSMA', 'ALMA', 'SWMA', 'TMA', 'DEMA', 'TEMA', 'MAV', 'KAMA', 'ZLEMA', 'AMA'], inline='smooth', group=GP5)
i_smooth = input.int(defval=1, title='', minval=1, inline='smooth', group=GP5)
source = calc_source(i_calc, i_source, i_length, 3)
////////////////////
// Switches
////////////////////
show_EUR = input.bool(title='EUR', defval=true, group=GP2, inline="display")
show_USD = input.bool(title='USD', defval=true, group=GP2, inline="display")
show_JPY = input.bool(title='JPY', defval=true, group=GP2, inline="display")
show_GBP = input.bool(title='GBP', defval=true, group=GP2, inline="display")
show_CHF = input.bool(title='CHF', defval=true, group=GP2, inline="display")
show_AUD = input.bool(title='AUD', defval=true, group=GP2, inline="display")
show_CAD = input.bool(title='CAD', defval=true, group=GP2, inline="display")
show_NZD = input.bool(title='NZD', defval=true, group=GP2, inline="display")
show_XAU = input.bool(title='XAU', defval=false, group=GP2, inline="display")
show_XAG = input.bool(title='XAG', defval=false, group=GP2, inline="display")
show_OIL = input.bool(title='OIL', defval=false, group=GP2, inline="display")
is_autoSelect = input.string(defval='No', title='Auto selected', options=['Yes', 'No'], inline='10', group=GP2) == 'Yes'
is_histogram = input.string('Lines only', title='', options=['Lines only', 'Histogram', 'Without lines'], inline='10', group=GP2)
is_histogram_inverted = input.string('Ordered', title='', options=['Ordered', 'Inverted'], inline='10', group=GP2) == 'Inverted'
is_histogram_without_lines = is_histogram == 'Without lines'
bool show_fill = is_autoSelect
bool show_histogram = is_autoSelect and is_histogram != 'Lines only'
if is_autoSelect
show_EUR := false, show_USD := false, show_JPY := false
show_GBP := false, show_CHF := false, show_AUD := false
show_CAD := false, show_NZD := false, show_XAU := false
show_XAG := false, show_OIL := false
string currency_a = na
string currency_b = na
if (str.length(str.replace_all(syminfo.ticker, 'EUR', '')) < 6)
show_EUR := not is_histogram_without_lines, currency_a := 'EUR'
if (str.length(str.replace_all(syminfo.ticker, 'USD', '')) < 6)
show_USD := not is_histogram_without_lines, currency_a := 'USD'
if (str.length(str.replace_all(syminfo.ticker, 'JPY', '')) < 6)
show_JPY := not is_histogram_without_lines, currency_a := 'JPY'
if (str.length(str.replace_all(syminfo.ticker, 'GBP', '')) < 6)
show_GBP := not is_histogram_without_lines, currency_a := 'GBP'
if (str.length(str.replace_all(syminfo.ticker, 'CHF', '')) < 6)
show_CHF := not is_histogram_without_lines, currency_a := 'CHF'
if (str.length(str.replace_all(syminfo.ticker, 'AUD', '')) < 6)
show_AUD := not is_histogram_without_lines, currency_a := 'AUD'
if (str.length(str.replace_all(syminfo.ticker, 'CAD', '')) < 6)
show_CAD := not is_histogram_without_lines, currency_a := 'CAD'
if (str.length(str.replace_all(syminfo.ticker, 'NZD', '')) < 6)
show_NZD := not is_histogram_without_lines, currency_a := 'NZD'
if (str.length(str.replace_all(syminfo.ticker, 'XAU', '')) < 6)
show_XAU := true
if (str.length(str.replace_all(syminfo.ticker, 'XAG', '')) < 6)
show_XAG := true
if (str.length(str.replace_all(syminfo.ticker, 'OIL', '')) < 6)
show_OIL := true
if not na(currency_a)
currency_b := str.replace_all(syminfo.ticker, currency_a, '')
float v1_EURUSD = request.security(i_broker + ':EURUSD', timeframe.period, source)
float v1_USDJPY = request.security(i_broker + ':USDJPY', timeframe.period, source)
float v1_USDCHF = request.security(i_broker + ':USDCHF', timeframe.period, source)
float v1_GBPUSD = request.security(i_broker + ':GBPUSD', timeframe.period, source)
float v1_AUDUSD = request.security(i_broker + ':AUDUSD', timeframe.period, source)
float v1_USDCAD = request.security(i_broker + ':USDCAD', timeframe.period, source)
float v1_NZDUSD = request.security(i_broker + ':NZDUSD', timeframe.period, source)
float v1_XAUUSD = show_XAU ? request.security(i_broker + ':XAUUSD', timeframe.period, source) : 0
float v1_XAGUSD = show_XAG ? request.security(i_broker + ':XAGUSD', timeframe.period, source) : 0
float v1_OILUSD = show_OIL ? request.security('USOIL', timeframe.period, source) : 0
float v2_EURUSD = request.security(i_broker + ':EURUSD', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on)
float v2_USDJPY = request.security(i_broker + ':USDJPY', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on)
float v2_USDCHF = request.security(i_broker + ':USDCHF', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on)
float v2_GBPUSD = request.security(i_broker + ':GBPUSD', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on)
float v2_AUDUSD = request.security(i_broker + ':AUDUSD', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on)
float v2_USDCAD = request.security(i_broker + ':USDCAD', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on)
float v2_NZDUSD = request.security(i_broker + ':NZDUSD', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on)
float v2_XAUUSD = show_XAU ? request.security(i_broker + ':XAUUSD', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on) : 0
float v2_XAGUSD = show_XAU ? request.security(i_broker + ':XAGUSD', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on) : 0
float v2_OILUSD = show_OIL ? request.security('USOIL', reso, source[i_reso_lookback], barmerge.gaps_off, barmerge.lookahead_on) : 0
// Colors
i_theme = input.string(title="Color theme", defval="monokai", options=["monokai", "monokai pro", "panda", "customize"], group=GP3)
shouldBeTextBlack = (i_theme == 'monokai' or i_theme == 'monokai pro' or i_theme == 'panda')
c_eur = input.color(title='EUR', defval=color.red, group=GP3, inline="color")
c_usd = input.color(title='USD', defval=color.orange, group=GP3, inline="color")
c_jpy = input.color(title='JPY', defval=color.aqua, group=GP3, inline="color")
c_gbp = input.color(title='GBP', defval=color.green, group=GP3, inline="color")
c_chf = input.color(title='CHF', defval=color.maroon, group=GP3, inline="color")
c_aud = input.color(title='AUD', defval=color.blue, group=GP3, inline="color")
c_cad = input.color(title='CAD', defval=color.purple, group=GP3, inline="color")
c_nzd = input.color(title='NZD', defval=color.fuchsia, group=GP3, inline="color")
c_xau = input.color(title='XAU', defval=#D7BE69, group=GP3, inline="color")
c_xag = input.color(title='XAG', defval=color.silver, group=GP3, inline="color")
c_oil = input.color(title='OIL', defval=#745433, group=GP3, inline="color")
c_green = ac.tradingview('green')
c_red = ac.tradingview('red')
c_black = ac.tradingview('black')
// Color themes
if i_theme == 'monokai'
c_eur := ac.monokai('pink')
c_usd := ac.monokai('orange')
c_gbp := ac.monokai('green')
c_cad := ac.monokai('purple')
c_aud := ac.monokai('blue')
c_chf := ac.monokai('yellow')
c_green := ac.monokai('green')
c_red := ac.monokai('pink')
c_black := ac.monokai('black')
else if i_theme == 'monokai pro'
c_eur := ac.monokaipro('pink')
c_usd := ac.monokaipro('orange')
c_gbp := ac.monokaipro('green')
c_cad := ac.monokaipro('purple')
c_aud := ac.monokaipro('blue')
c_chf := ac.monokaipro('yellow')
c_green := ac.monokaipro('green')
c_red := ac.monokaipro('pink')
c_black := ac.monokaipro('black')
else if i_theme == 'panda'
c_eur := ac.panda('red')
c_usd := ac.panda('orange')
c_gbp := ac.panda('green')
c_cad := ac.panda('purple')
c_aud := ac.panda('blue')
c_chf := ac.panda('pink')
c_green := ac.panda('green')
c_red := ac.panda('red')
c_black := ac.panda('very-dark-gray')
////////////////////
// Other settings
////////////////////
// Lines
show_lines = true
i_line_width = input.int(title='Line style', defval=2, minval=1, group=GP7, inline="line")
i_line_extend_type = input.string(title='', defval="No extended", options=["Extended", "No extended"], group=GP7, inline="line")
i_line_extend = i_line_extend_type == "Extended"
i_line_style = input.string(title='', defval=line.style_dotted, options=[line.style_solid, line.style_dotted, line.style_dashed], group=GP7, inline="line")
// Labels
show_labels = input.bool(title='Name label', defval=true, group=GP8)
i_label_size = input.string(title='Label size', options=[size.auto, size.tiny, size.small, size.normal, size.large, size.huge], defval=size.normal, group=GP8)
i_label_offset = input.int(title='Label offset', defval=5, minval=0, group=GP8)
i_label_style = label.style_label_left
label_x = time + timeframe.multiplier * 60 * 1000 * i_label_offset
line_x1 = time
line_x2 = i_line_extend ? time + 1000 : label_x
// Panel
show_panel = input.bool(title='Panel', defval=true, group=GP4)
i_tableYpos = input.string('top', title='Panel position', options = ['top', 'middle', 'bottom'], inline='11', group=GP4)
i_tableXpos = input.string('right', title='', options=['left', 'center', 'right'], inline='11', group=GP4)
i_panel_position = i_tableYpos + '_' + i_tableXpos
i_panel_flagsize = input.string(title='Flag size', defval=size.large, options=[size.auto, size.tiny, size.small, size.normal, size.large, size.huge], group=GP4)
i_panel_textsize = input.string(title='Text size', defval=size.normal, options=[size.auto, size.tiny, size.small, size.normal, size.large, size.huge], group=GP4)
i_panel_theme = input.string(title='Color', defval='multi', options=['multi', 'green', 'blue', 'orange', 'red', 'black', 'white', 'night', 'carbon'], group=GP4)
is_multi = i_panel_theme == 'multi'
// Currency pair strength
show_pair = input.bool(title="Currency pair strength", defval=false, group=GP9)
i_pair_offset = show_pair ? input.int(defval=100, title="Position offset", options=[0,20,40,60,80,100,120,140,160,180,200], group=GP9) : 0
i_pair_margin = input.int(defval=4, title="Position margin", options=[0,2,4,6,8,10,16,20], group=GP9)
i_pair_labelcolor = input.color(defval=color.gray, title="Label color", group=GP9)
// Options
show_levels = input.bool(title='Level lines', defval=false, group=GP6)
i_levels = input.int(title='Level (±)', minval=1, defval=10, group=GP6)
c_levels = show_levels ? color.gray : na
////////////////////
// Functions
////////////////////
get_value_by_name (v, _EUR, _USD, _JPY, _CHF, _GBP, _AUD, _CAD, _NZD) =>
v == 'EUR' ? _EUR : v == 'USD' ? _USD : v == 'JPY' ? _JPY : v == 'CHF' ? _CHF : v == 'GBP' ? _GBP : v == 'AUD' ? _AUD : v == 'CAD' ? _CAD : v == 'NZD' ? _NZD : na
get_name_by_value(v, _EUR, _USD, _JPY, _CHF, _GBP, _AUD, _CAD, _NZD) =>
v == _EUR ? 'EUR' : v == _USD ? 'USD' : v == _JPY ? 'JPY' : v == _CHF ? 'CHF' : v == _GBP ? 'GBP' : v == _AUD ? 'AUD' : v == _CAD ? 'CAD' : v == _NZD ? 'NZD' : na
get_color_by_value(v, _EUR, _USD, _JPY, _CHF, _GBP, _AUD, _CAD, _NZD) =>
v == _EUR ? c_eur : v == _USD ? c_usd : v == _JPY ? c_jpy : v == _CHF ? c_chf : v == _GBP ? c_gbp : v == _AUD ? c_aud : v == _CAD ? c_cad : v == _NZD ? c_nzd : na
get_flag_by_value(v, _EUR, _USD, _JPY, _CHF, _GBP, _AUD, _CAD, _NZD) =>
v == _EUR ? EUR_FLAG : v == _USD ? USD_FLAG : v == _JPY ? JPY_FLAG : v == _CHF ? CHF_FLAG : v == _GBP ? GBP_FLAG : v == _AUD ? AUD_FLAG : v == _CAD ? CAD_FLAG : v == _NZD ? NZD_FLAG : na
get_pair_by_value (_v, _EURUSD, _USDJPY, _USDCHF, _GBPUSD, _AUDUSD , _USDCAD, _NZDUSD, _GBPJPY) =>
_v == _EURUSD ? 'EUR\nUSD' : _v == _USDJPY ? 'USD\nJPY' : _v == _USDCHF ? 'USD\nCHF' : _v == _GBPUSD ? 'GBP\nUSD' : _v == _AUDUSD ? 'AUD\nUSD' : _v == _USDCAD ? 'USD\nCAD' : _v == _NZDUSD ? 'NZD\nUSD' : _v == _GBPJPY ? 'GBP\nJPY' : na
get_val(_v1, _v2) =>
float res = 0
if _v2 == 0
res := 0
res
else
res := math.log(_v1 / _v2) * 10000
res
res
get_val_m(_v1, _v2, _v3, _v4) =>
float res = 0
float v1 = _v1 * _v3
float v2 = _v2 * _v4
if _v2 == 0
res := 0
res
else
res := math.log(v1 / v2) * 10000
res
res
get_val_d(_v1, _v2, _v3, _v4) =>
float res = 0
if _v3 == 0 or _v4 == 0
res := 0
res
else
float v1 = _v1 / _v3
float v2 = _v2 / _v4
if v2 == 0
res := 0
res
else
res := math.log(v1 / v2) * 10000
res
res
////////////////////
// Calculating
////////////////////
float EURUSD = get_val(v1_EURUSD, v2_EURUSD)
float USDJPY = get_val(v1_USDJPY, v2_USDJPY)
float USDCHF = get_val(v1_USDCHF, v2_USDCHF)
float GBPUSD = get_val(v1_GBPUSD, v2_GBPUSD)
float AUDUSD = get_val(v1_AUDUSD, v2_AUDUSD)
float USDCAD = get_val(v1_USDCAD, v2_USDCAD)
float NZDUSD = get_val(v1_NZDUSD, v2_NZDUSD)
float XAUUSD = get_val(v1_XAUUSD, v2_XAUUSD)
float XAGUSD = get_val(v1_XAGUSD, v2_XAGUSD)
float OILUSD = get_val(v1_OILUSD, v2_OILUSD)
float EURJPY = get_val_m(v1_EURUSD, v2_EURUSD, v1_USDJPY, v2_USDJPY)
float EURCHF = get_val_m(v1_EURUSD, v2_EURUSD, v1_USDCHF, v2_USDCHF)
float EURGBP = get_val_d(v1_EURUSD, v2_EURUSD, v1_GBPUSD, v2_GBPUSD)
float EURCAD = get_val_m(v1_EURUSD, v2_EURUSD, v1_USDCAD, v2_USDCAD)
float EURAUD = get_val_d(v1_EURUSD, v2_EURUSD, v1_AUDUSD, v2_AUDUSD)
float EURNZD = get_val_d(v1_EURUSD, v2_EURUSD, v1_NZDUSD, v2_NZDUSD)
float EURXAU = get_val_d(v1_EURUSD, v2_EURUSD, v1_XAUUSD, v2_XAUUSD)
float EURXAG = get_val_d(v1_EURUSD, v2_EURUSD, v1_XAGUSD, v2_XAGUSD)
float EUROIL = get_val_d(v1_EURUSD, v2_EURUSD, v1_OILUSD, v2_OILUSD)
float GBPCHF = get_val_m(v1_GBPUSD, v2_GBPUSD, v1_USDCHF, v2_USDCHF)
float GBPJPY = get_val_m(v1_GBPUSD, v2_GBPUSD, v1_USDJPY, v2_USDJPY)
float GBPCAD = get_val_m(v1_GBPUSD, v2_GBPUSD, v1_USDCAD, v2_USDCAD)
float GBPAUD = get_val_d(v1_GBPUSD, v2_GBPUSD, v1_AUDUSD, v2_AUDUSD)
float GBPNZD = get_val_d(v1_GBPUSD, v2_GBPUSD, v1_NZDUSD, v2_NZDUSD)
float AUDCHF = get_val_m(v1_AUDUSD, v2_AUDUSD, v1_USDCHF, v2_USDCHF)
float AUDJPY = get_val_m(v1_AUDUSD, v2_AUDUSD, v1_USDJPY, v2_USDJPY)
float AUDCAD = get_val_m(v1_AUDUSD, v2_AUDUSD, v1_USDCAD, v2_USDCAD)
float AUDNZD = get_val_d(v1_AUDUSD, v2_AUDUSD, v1_NZDUSD, v2_NZDUSD)
float NZDCAD = get_val_m(v1_NZDUSD, v2_NZDUSD, v1_USDCAD, v2_USDCAD)
float NZDCHF = get_val_m(v1_NZDUSD, v2_NZDUSD, v1_USDCHF, v2_USDCHF)
float NZDJPY = get_val_m(v1_NZDUSD, v2_NZDUSD, v1_USDJPY, v2_USDJPY)
float CADJPY = get_val_d(v1_USDJPY, v2_USDJPY, v1_USDCAD, v2_USDCAD)
float CADCHF = get_val_d(v1_USDCHF, v2_USDCHF, v1_USDCAD, v2_USDCAD)
float CHFJPY = get_val_d(v1_USDJPY, v2_USDJPY, v1_USDCHF, v2_USDCHF)
float XAUJPY = get_val_m(v1_XAUUSD, v2_XAUUSD, v1_USDJPY, v2_USDJPY)
float XAUCHF = get_val_m(v1_XAUUSD, v2_XAUUSD, v1_USDCHF, v2_USDCHF)
float XAUGBP = get_val_d(v1_XAUUSD, v2_XAUUSD, v1_GBPUSD, v2_GBPUSD)
float XAUCAD = get_val_m(v1_XAUUSD, v2_XAUUSD, v1_USDCAD, v2_USDCAD)
float XAUAUD = get_val_d(v1_XAUUSD, v2_XAUUSD, v1_AUDUSD, v2_AUDUSD)
float XAUNZD = get_val_d(v1_XAUUSD, v2_XAUUSD, v1_NZDUSD, v2_NZDUSD)
float XAGJPY = get_val_m(v1_XAGUSD, v2_XAGUSD, v1_USDJPY, v2_USDJPY)
float XAGCHF = get_val_m(v1_XAGUSD, v2_XAGUSD, v1_USDCHF, v2_USDCHF)
float XAGGBP = get_val_d(v1_XAGUSD, v2_XAGUSD, v1_GBPUSD, v2_GBPUSD)
float XAGCAD = get_val_m(v1_XAGUSD, v2_XAGUSD, v1_USDCAD, v2_USDCAD)
float XAGAUD = get_val_d(v1_XAGUSD, v2_XAGUSD, v1_AUDUSD, v2_AUDUSD)
float XAGNZD = get_val_d(v1_XAGUSD, v2_XAGUSD, v1_NZDUSD, v2_NZDUSD)
float OILJPY = get_val_m(v1_OILUSD, v2_OILUSD, v1_USDJPY, v2_USDJPY)
float OILCHF = get_val_m(v1_OILUSD, v2_OILUSD, v1_USDCHF, v2_USDCHF)
float OILGBP = get_val_d(v1_OILUSD, v2_OILUSD, v1_GBPUSD, v2_GBPUSD)
float OILCAD = get_val_m(v1_OILUSD, v2_OILUSD, v1_USDCAD, v2_USDCAD)
float OILAUD = get_val_d(v1_OILUSD, v2_OILUSD, v1_AUDUSD, v2_AUDUSD)
float OILNZD = get_val_d(v1_OILUSD, v2_OILUSD, v1_NZDUSD, v2_NZDUSD)
float OILXAU = get_val_d(v1_OILUSD, v2_OILUSD, v1_XAUUSD, v2_XAUUSD)
float EUR = ma.calc(i_smoothtype, ( EURUSD + EURJPY + EURCHF + EURGBP + EURAUD + EURCAD + EURNZD) / 7, i_smooth)
float USD = ma.calc(i_smoothtype, (-EURUSD + USDJPY + USDCHF - GBPUSD - AUDUSD + USDCAD - NZDUSD) / 7, i_smooth)
float JPY = ma.calc(i_smoothtype, (-EURJPY - USDJPY - CHFJPY - GBPJPY - AUDJPY - CADJPY - NZDJPY) / 7, i_smooth)
float CHF = ma.calc(i_smoothtype, (-EURCHF - USDCHF + CHFJPY - GBPCHF - AUDCHF - CADCHF - NZDCHF) / 7, i_smooth)
float GBP = ma.calc(i_smoothtype, (-EURGBP + GBPUSD + GBPCHF + GBPJPY + GBPAUD + GBPCAD + GBPNZD) / 7, i_smooth)
float AUD = ma.calc(i_smoothtype, (-EURAUD + AUDUSD + AUDJPY + AUDCHF - GBPAUD + AUDCAD + AUDNZD) / 7, i_smooth)
float CAD = ma.calc(i_smoothtype, (-EURCAD - USDCAD + CADJPY + CADCHF - GBPCAD - AUDCAD - NZDCAD) / 7, i_smooth)
float NZD = ma.calc(i_smoothtype, (-EURNZD + NZDUSD + NZDJPY + NZDCHF - GBPNZD + NZDCAD - AUDNZD) / 7, i_smooth)
float XAU = ma.calc(i_smoothtype, (-EURXAU + XAUUSD + XAUJPY + XAUCHF + XAUGBP + XAUAUD + XAUCAD + XAUNZD) / 8, i_smooth)
float XAG = ma.calc(i_smoothtype, (-EURXAG + XAGUSD + XAGJPY + XAGCHF + XAGGBP + XAGAUD + XAGCAD + XAGNZD) / 8, i_smooth)
float OIL = ma.calc(i_smoothtype, (-EUROIL + OILUSD + OILJPY + OILCHF + OILGBP + OILAUD + OILCAD + OILNZD) / 8, i_smooth)
////////////////////
// Plotting
////////////////////
// Backgrounds
hline(0, title='Base', linestyle=hline.style_solid)
hline( i_levels, color=c_levels, title='Level +', linestyle=hline.style_dotted)
hline(-i_levels, color=c_levels, title='Level -', linestyle=hline.style_dotted)
// Histogram
currency_a_value = get_value_by_name(currency_a, EUR, USD, JPY, CHF, GBP, AUD, CAD, NZD)
currency_b_value = get_value_by_name(currency_b, EUR, USD, JPY, CHF, GBP, AUD, CAD, NZD)
c_currency_a = get_value_by_name(currency_a, c_eur, c_usd, c_jpy, c_chf, c_gbp, c_aud, c_cad, c_nzd)
c_currency_b = get_value_by_name(currency_b, c_eur, c_usd, c_jpy, c_chf, c_gbp, c_aud, c_cad, c_nzd)
currency_delta = (currency_b_value - currency_a_value) * (is_histogram_inverted ? -1 : 1)
c_delta = currency_delta > 0 ? c_currency_b : c_currency_a
plot(show_histogram ? currency_delta : na, color=color.new(c_delta, 50), style=plot.style_columns, editable=false, show_last=i_pair_offset)
// Lines
plot(show_OIL ? OIL : na, title='OIL', color=c_oil, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_XAG ? XAG : na, title='XAG', color=c_xag, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_XAU ? XAU : na, title='XAU', color=c_xau, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_NZD ? NZD : na, title='NZD', color=c_nzd, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_CAD ? CAD : na, title='CAD', color=c_cad, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_CHF ? CHF : na, title='CHF', color=c_chf, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_AUD ? AUD : na, title='AUD', color=c_aud, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_GBP ? GBP : na, title='GBP', color=c_gbp, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_JPY ? JPY : na, title='JPY', color=c_jpy, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_EUR ? EUR : na, title='EUR', color=c_eur, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_USD ? USD : na, title='USD', color=c_usd, linewidth=i_line_width, show_last=i_pair_offset)
plot(show_OIL and show_fill ? OIL : na, title='OIL', color=color.new(c_oil, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_XAG and show_fill ? XAG : na, title='XAG', color=color.new(c_xag, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_XAU and show_fill ? XAU : na, title='XAU', color=color.new(c_xau, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_NZD and show_fill ? NZD : na, title='NZD', color=color.new(c_nzd, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_CAD and show_fill ? CAD : na, title='CAD', color=color.new(c_cad, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_CHF and show_fill ? CHF : na, title='CHF', color=color.new(c_chf, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_AUD and show_fill ? AUD : na, title='AUD', color=color.new(c_aud, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_GBP and show_fill ? GBP : na, title='GBP', color=color.new(c_gbp, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_JPY and show_fill ? JPY : na, title='JPY', color=color.new(c_jpy, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_EUR and show_fill ? EUR : na, title='EUR', color=color.new(c_eur, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
plot(show_USD and show_fill ? USD : na, title='USD', color=color.new(c_usd, 92), linewidth=0, style=plot.style_area, editable=false, show_last=i_pair_offset)
line OIL_LINE = na
line XAG_LINE = na
line XAU_LINE = na
line NZD_LINE = na
line CAD_LINE = na
line CHF_LINE = na
line AUD_LINE = na
line GBP_LINE = na
line JPY_LINE = na
line EUR_LINE = na
line USD_LINE = na
if barstate.islast and show_lines
line_extend = i_line_extend ? extend.right : extend.none
if show_OIL
OIL_LINE := line.new(line_x1, OIL, line_x2, OIL, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_oil)
line.delete(OIL_LINE[1])
if show_XAG
XAG_LINE := line.new(line_x1, XAG, line_x2, XAG, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_xag)
line.delete(XAG_LINE[1])
if show_XAU
XAU_LINE := line.new(line_x1, XAU, line_x2, XAU, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_xau)
line.delete(XAU_LINE[1])
if show_NZD
NZD_LINE := line.new(line_x1, NZD, line_x2, NZD, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_nzd)
line.delete(NZD_LINE[1])
if show_CAD
CAD_LINE := line.new(line_x1, CAD, line_x2, CAD, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_cad)
line.delete(CAD_LINE[1])
if show_CHF
CHF_LINE := line.new(line_x1, CHF, line_x2, CHF, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_chf)
line.delete(CHF_LINE[1])
if show_AUD
AUD_LINE := line.new(line_x1, AUD, line_x2, AUD, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_aud)
line.delete(AUD_LINE[1])
if show_GBP
GBP_LINE := line.new(line_x1, GBP, line_x2, GBP, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_gbp)
line.delete(GBP_LINE[1])
if show_JPY
JPY_LINE := line.new(line_x1, JPY, line_x2, JPY, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_jpy)
line.delete(JPY_LINE[1])
if show_EUR
EUR_LINE := line.new(line_x1, EUR, line_x2, EUR, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_eur)
line.delete(EUR_LINE[1])
if show_USD
USD_LINE := line.new(line_x1, USD, line_x2, USD, extend=line_extend, xloc=xloc.bar_time, width=i_line_width, style=i_line_style, color=c_usd)
line.delete(USD_LINE[1])
// Labels
label OIL_LABEL = na
label USD_LABEL = na
label XAG_LABEL = na
label XAU_LABEL = na
label NZD_LABEL = na
label CAD_LABEL = na
label CHF_LABEL = na
label AUD_LABEL = na
label GBP_LABEL = na
label JPY_LABEL = na
label EUR_LABEL = na
if barstate.islast and show_labels
label_text_color = shouldBeTextBlack ? c_black : color.white
if show_OIL
OIL_LABEL := label.new(label_x, OIL, 'OIL', color=c_oil, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(OIL_LABEL[1])
if show_XAG
XAG_LABEL := label.new(label_x, XAG, 'XAG', color=c_xag, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(XAG_LABEL[1])
if show_XAU
XAU_LABEL := label.new(label_x, XAU, 'XAU', color=c_xau, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(XAU_LABEL[1])
if show_NZD
NZD_LABEL := label.new(label_x, NZD, 'NZD', color=c_nzd, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(NZD_LABEL[1])
if show_CAD
CAD_LABEL := label.new(label_x, CAD, 'CAD', color=c_cad, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(CAD_LABEL[1])
if show_CHF
CHF_LABEL := label.new(label_x, CHF, 'CHF', color=c_chf, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(CHF_LABEL[1])
if show_AUD
AUD_LABEL := label.new(label_x, AUD, 'AUD', color=c_aud, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(AUD_LABEL[1])
if show_GBP
GBP_LABEL := label.new(label_x, GBP, 'GBP', color=c_gbp, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(GBP_LABEL[1])
if show_JPY
JPY_LABEL := label.new(label_x, JPY, 'JPY', color=c_jpy, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(JPY_LABEL[1])
if show_EUR
EUR_LABEL := label.new(label_x, EUR, 'EUR', color=c_eur, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(EUR_LABEL[1])
if show_USD
USD_LABEL := label.new(label_x, USD, 'USD', color=c_usd, xloc=xloc.bar_time, textcolor=label_text_color, style=i_label_style, size=i_label_size)
label.delete(USD_LABEL[1])
////////////////////
// Delta
////////////////////
DELTA_EURUSD = math.abs(EUR-USD)
DELTA_USDJPY = math.abs(USD-JPY)
DELTA_USDCHF = math.abs(USD-CHF)
DELTA_GBPUSD = math.abs(GBP-USD)
DELTA_AUDUSD = math.abs(AUD-USD)
DELTA_USDCAD = math.abs(USD-CAD)
DELTA_NZDUSD = math.abs(NZD-USD)
DELTA_GBPJPY = math.abs(GBP-JPY)
delta_pairs = array.new_float(8)
array.set(delta_pairs, 0, DELTA_EURUSD)
array.set(delta_pairs, 1, DELTA_USDJPY)
array.set(delta_pairs, 2, DELTA_USDCHF)
array.set(delta_pairs, 3, DELTA_GBPUSD)
array.set(delta_pairs, 4, DELTA_AUDUSD)
array.set(delta_pairs, 5, DELTA_USDCAD)
array.set(delta_pairs, 6, DELTA_NZDUSD)
array.set(delta_pairs, 7, DELTA_GBPJPY)
array.sort(delta_pairs, order.descending)
label delta_1 = na
label delta_2 = na
label delta_3 = na
label delta_4 = na
label delta_5 = na
label delta_6 = na
label delta_7 = na
label delta_8 = na
if barstate.islast and show_pair
delta_positions = array.new_int(8)
delta_labels = array.new_string(8)
for i = 0 to 7
array.set(delta_positions, i, i * -7)
array.set(delta_labels, i, get_pair_by_value(array.get(delta_pairs, i), DELTA_EURUSD, DELTA_USDJPY, DELTA_USDCHF, DELTA_GBPUSD, DELTA_AUDUSD, DELTA_USDCAD, DELTA_NZDUSD, DELTA_GBPJPY))
x1 = bar_index - (i_pair_offset + i_pair_margin)
delta_1 := label.new(x1 + array.get(delta_positions, 0), 0, array.get(delta_labels, 0), style=label.style_label_up, size=size.small, color=noneColor, textcolor=i_pair_labelcolor)
delta_2 := label.new(x1 + array.get(delta_positions, 1), 0, array.get(delta_labels, 1), style=label.style_label_up, size=size.small, color=noneColor, textcolor=i_pair_labelcolor)
delta_3 := label.new(x1 + array.get(delta_positions, 2), 0, array.get(delta_labels, 2), style=label.style_label_up, size=size.small, color=noneColor, textcolor=i_pair_labelcolor)
delta_4 := label.new(x1 + array.get(delta_positions, 3), 0, array.get(delta_labels, 3), style=label.style_label_up, size=size.small, color=noneColor, textcolor=i_pair_labelcolor)
delta_5 := label.new(x1 + array.get(delta_positions, 4), 0, array.get(delta_labels, 4), style=label.style_label_up, size=size.small, color=noneColor, textcolor=i_pair_labelcolor)
delta_6 := label.new(x1 + array.get(delta_positions, 5), 0, array.get(delta_labels, 5), style=label.style_label_up, size=size.small, color=noneColor, textcolor=i_pair_labelcolor)
delta_7 := label.new(x1 + array.get(delta_positions, 6), 0, array.get(delta_labels, 6), style=label.style_label_up, size=size.small, color=noneColor, textcolor=i_pair_labelcolor)
delta_8 := label.new(x1 + array.get(delta_positions, 7), 0, array.get(delta_labels, 7), style=label.style_label_up, size=size.small, color=noneColor, textcolor=i_pair_labelcolor)
label.delete(delta_1[1])
label.delete(delta_2[1])
label.delete(delta_3[1])
label.delete(delta_4[1])
label.delete(delta_5[1])
label.delete(delta_6[1])
label.delete(delta_7[1])
label.delete(delta_8[1])
plot(show_pair ? (array.get(delta_pairs, 0)) : na, style=plot.style_histogram, linewidth=12, show_last=1, editable=false, offset=-i_pair_offset-i_pair_margin-7*0, color=ac.gogh_cafeterrace('yellow'))
plot(show_pair ? (array.get(delta_pairs, 1)) : na, style=plot.style_histogram, linewidth=12, show_last=1, editable=false, offset=-i_pair_offset-i_pair_margin-7*1, color=ac.gogh_cafeterrace('yellow'))
plot(show_pair ? (array.get(delta_pairs, 2)) : na, style=plot.style_histogram, linewidth=12, show_last=1, editable=false, offset=-i_pair_offset-i_pair_margin-7*2, color=ac.gogh_cafeterrace('orange'))
plot(show_pair ? (array.get(delta_pairs, 3)) : na, style=plot.style_histogram, linewidth=12, show_last=1, editable=false, offset=-i_pair_offset-i_pair_margin-7*3, color=ac.gogh_cafeterrace('orange'))
plot(show_pair ? (array.get(delta_pairs, 4)) : na, style=plot.style_histogram, linewidth=12, show_last=1, editable=false, offset=-i_pair_offset-i_pair_margin-7*4, color=ac.gogh_cafeterrace('light-blue'))
plot(show_pair ? (array.get(delta_pairs, 5)) : na, style=plot.style_histogram, linewidth=12, show_last=1, editable=false, offset=-i_pair_offset-i_pair_margin-7*5, color=ac.gogh_cafeterrace('light-blue'))
plot(show_pair ? (array.get(delta_pairs, 6)) : na, style=plot.style_histogram, linewidth=12, show_last=1, editable=false, offset=-i_pair_offset-i_pair_margin-7*6, color=ac.gogh_cafeterrace('blue'))
plot(show_pair ? (array.get(delta_pairs, 7)) : na, style=plot.style_histogram, linewidth=12, show_last=1, editable=false, offset=-i_pair_offset-i_pair_margin-7*7, color=ac.gogh_cafeterrace('blue'))
////////////////////
// Analysis
////////////////////
sorted_by_ranking_names = array.new_string(8)
values = array.new_float(8)
if barstate.islast
array.set(values, 0, EUR)
array.set(values, 1, USD)
array.set(values, 2, JPY)
array.set(values, 3, CHF)
array.set(values, 4, GBP)
array.set(values, 5, AUD)
array.set(values, 6, CAD)
array.set(values, 7, NZD)
array.sort(values, order.descending)
////////////////////
// Panel
////////////////////
[border_color, border_width, frame_color, frame_width, text_color, text_size, bgcolor, head_text_color, head_text_size, head_bgcolor] = mycolor.theme(i_panel_theme)
if is_multi and shouldBeTextBlack
text_color := c_black
head_text_color := c_black
// Table
if barstate.islast
table panel = table.new(i_panel_position, 4, 8, border_color=border_color, border_width=border_width, frame_color=frame_color, frame_width=frame_width)
for i = 0 to array.size(values) - 1 by 1
value = array.get(values, i)
n = get_name_by_value(value, EUR, USD, JPY, CHF, GBP, AUD, CAD, NZD)
f = get_flag_by_value(value, EUR, USD, JPY, CHF, GBP, AUD, CAD, NZD)
c = get_color_by_value(value, EUR, USD, JPY, CHF, GBP, AUD, CAD, NZD)
v = str.format('{0, number, #.#}', value)
r = str.tostring(i + 1)
if not na(n)
array.set(sorted_by_ranking_names, i, n)
if show_panel
head_bgcolor := is_multi ? c : head_bgcolor
bgcolor := is_multi ? c : bgcolor
table.cell(panel, 0, i, r, bgcolor=head_bgcolor, text_color=head_text_color, text_size=i_panel_textsize)
table.cell(panel, 1, i, f, bgcolor=bgcolor, text_color=text_color, text_size=i_panel_flagsize)
table.cell(panel, 2, i, n, bgcolor=bgcolor, text_color=text_color, text_size=i_panel_textsize, text_halign=text.align_left)
table.cell(panel, 3, i, v, bgcolor=bgcolor, text_color=text_color, text_size=i_panel_textsize, text_halign=text.align_right)
////////////////////
// Alerts
////////////////////
string the_strongest_name = na
string the_weakest_name = na
if barstate.islast and barstate.isrealtime
float max_value = array.max(values)
float min_value = array.min(values)
the_strongest_name := get_name_by_value(max_value, EUR, USD, JPY, CHF, GBP, AUD, CAD, NZD)
the_weakest_name := get_name_by_value(min_value, EUR, USD, JPY, CHF, GBP, AUD, CAD, NZD)
bool strongest_value_changed = the_strongest_name != the_strongest_name[1]
bool weakest_value_changed = the_weakest_name != the_weakest_name[1]
string alert_message = array.join(sorted_by_ranking_names, ' > ')
if strongest_value_changed or weakest_value_changed
alert('NEW UPDATE: ' + alert_message, alert.freq_once_per_bar_close)
Overview
Calculations can be based on raw price action, RSI, CCI, or Stochastic oscillators, smoothed with various moving average types. Users can select lookback resolutions, change broker data sources, and toggle visibility for individual currencies like EUR, USD, JPY, GBP, and CHF. Higher timeframe resolutions dynamically aggregate strength values across currency pairs to give a comprehensive view of overall market momentum.
- Multi-currency relative strength calculation
- Support for RSI, CCI, and Stochastic indicators
- Multiple smoothing moving average options
- Customizable timeframe resolution and lookback
Details
Published by
itmakesyousick on GitHub
Code credit
boitoki, as written in the script's header
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Oscillators & momentum, Trend
Markets
Forex
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 |
|---|---|---|---|
| Mode | string | t_reso_auto | i_reso_mode |
| Resolution | timeframe | D | i_reso_value |
| Lookback periods | int | 100 | Lookback periods |
| Brokers | string | OANDA | i_broker |
| Source | source | close | i_source |
| Calculate by | string | Price | i_calc |
| i_length | int | 7 | i_length |
| Smoothing | string | SMA | i_smoothtype |
| i_smooth | int | 1 | i_smooth |
| EUR | bool | true | show_EUR |
| USD | bool | true | show_USD |
| JPY | bool | true | show_JPY |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| GBP | bool | true | show_GBP |
| CHF | bool | true | show_CHF |
| AUD | bool | true | show_AUD |
| CAD | bool | true | show_CAD |
| NZD | bool | true | show_NZD |
| XAU | bool | false | show_XAU |
| XAG | bool | false | show_XAG |
| OIL | bool | false | show_OIL |
| Auto selected | string | No | is_autoSelect |
| is_histogram | string | Lines only | is_histogram |
| is_histogram_inverted | string | Ordered | is_histogram_inverted |
| Color theme | string | monokai | i_theme |
| 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 |
| Line style | int | 2 | i_line_width |
| i_line_extend_type | string | No extended | i_line_extend_type |
| i_line_style | string | line.style_dotted | i_line_style |
| Name label | bool | true | show_labels |
| Label size | string | size.normal | i_label_size |
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.
Similar Pine Scripts
This indicator calculates a modified MACD oscillator and signal line alongside a trend EMA filter, plotting the output as a stylized column histogram in a separate pane. Instead of plotting true MACD distance, it quantifies positive and negative histogram mome
This indicator plots the Average Directional Index in a separate pane and colors the line teal or maroon according to whether plus DI is above minus DI. A horizontal key level and a silver background mark periods when ADX exceeds that threshold. With labels en
Standardized Trend Map calculates series momentum relative to active price range across 40 distinct lookback periods ranging from 2 to 80 bars on an exponential moving average source. Each standardized calculation rounds to an integer values of -1, 0, or 1 to
This indicator calculates and displays the Average Directional Index (ADX) as a column histogram in a separate pane. It evaluates market trend strength by calculating directional movement metrics based on specified smoothing and DI length inputs. When the ADX
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
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers