Relative strength of currencies

This product is a cluster indicator that calculates the relative strengths of the eight major currencies. For easy analysis and obtaining “market slice” it was created dashboards that also allow you to control indicator:

• Heatmap, Currencies - dashboards which show the relative strength of currencies.
• Pairs - dashboard which shows strength of currency pairs.
• Speed - dashboard which shows speed of change of the relative strength of currencies.
• MuliTF - main dashboard which should be used for analysis.This panel displays the data from all periods.

The currency power calculation is based on the following cluster indicators:

• Complex Common frames percent (CCFp)
• Complex Common (CC)

Find out more details about using cluster indicators here.

Working Conditions

The indicator requires history for all timeframes (except MN1) of the current symbol, as well as of all major symbols: EURUSD, GBPUSD, USDCHF, USDCAD, USDJPY, AUDUSD, and NZDUSD.

If you have received a notification requiring to download the entire symbol history, I recommend that you update history for all timeframes and re-launch the indicator.

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