PARKER Currency Strength with RESETS v 3.00

Mar 31

PARKER Currency Strength v3.00 is a comprehensive multi-currency strength indicator designed for Forex traders who want detailed insights into major currency performance. Here are some of its key features:

Customizable Session Resets:
The indicator supports automatic resets of currency strength calculations at the start of each major market session (Sydney, Tokyo, London, and New York). You can also enable a custom reset with a user-defined reset time and name.

User-Defined Market Hours:
With the new "Market Settings" section, you can set the open and close times for each market (Sydney, Tokyo, London, and New York) using hour and minute inputs. This allows you to tailor the session times to your local time zone or trading preferences.

Session Shading and Labels:
The background color of the indicator pane changes based on the active market session. Labels are generated at the start of each session to provide clear visual cues. Market session labels and times are also displayed on the chart for quick reference.

Dual Mode Display:
In addition to the reset-based currency strength calculations, the indicator can plot "normal" (continuous) currency strength lines at 50% transparency, allowing you to compare different calculation methods side by side.

Fully Customizable Appearance:
Customize line colors, widths, and offsets for each currency pair via user inputs, enabling a personalized and clear display that fits your trading style.

This indicator is ideal for Forex traders who require a dynamic and highly customizable tool to monitor currency strength, adapt to different market sessions, and make informed trading decisions based on real-time performance data.

Apr 2

Release Notes

Added Horizontal Zero Line per request

Apr 25

Release Notes

PARKER Currency Strength v3.00 is a comprehensive multi-currency strength indicator designed for Forex traders who want detailed insights into major currency performance. Here are some of its key features:

Customizable Session Resets:
The indicator supports automatic resets of currency strength calculations at the start of each major market session (Sydney, Tokyo, London, and New York). You can also enable a custom reset with a user-defined reset time and name.

User-Defined Market Hours:
With the new "Market Settings" section, you can set the open and close times for each market (Sydney, Tokyo, London, and New York) using hour and minute inputs. This allows you to tailor the session times to your local time zone or trading preferences.

Session Shading and Labels:
The background color of the indicator pane changes based on the active market session. Labels are generated at the start of each session to provide clear visual cues. Market session labels and times are also displayed on the chart for quick reference.

Dual Mode Display:
In addition to the reset-based currency strength calculations, the indicator can plot "normal" (continuous) currency strength lines at 50% transparency, allowing you to compare different calculation methods side by side.

Fully Customizable Appearance:
Customize line colors, widths, and offsets for each currency pair via user inputs, enabling a personalized and clear display that fits your trading style.

This indicator is ideal for Forex traders who require a dynamic and highly customizable tool to monitor currency strength, adapt to different market sessions, and make informed trading decisions based on real-time performance data.

Apr 02 2025

Release Notes

Added Horizontal Zero Line per request
Updated and clarification of Setting/Input headings
Set the default currency colors to the Trading View Currency Color Scheme