PROTECTED SOURCE SCRIPT
Currency Strength Analyzer
This indicator calculates and ranks the strength of eight major currencies (AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD) based on a stochastic-based scoring system. It retrieves forex pair data and determines each currency's relative strength using a customized scoring method.
Features:
This tool helps traders identify potential trends and reversals in the forex market by visually comparing currency strengths in real-time.
Features:
- Uses stochastic (Stoch) indicators to calculate bullish/bearish strength.
- Aggregates scores for each currency based on multiple forex pairs.
- Sorts currencies from strongest to weakest.
- Displays results in a dynamically updated table.
- Highlights the strongest and weakest currencies on the chart.
This tool helps traders identify potential trends and reversals in the forex market by visually comparing currency strengths in real-time.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.