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FX Currency Strength Dashboard

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FX Currency Strength Dashboard (1H, 2H, 8H, 5D, 30D)
The FX Currency Strength Dashboard is a multi-timeframe performance analyzer for the 8 major currencies:
EUR, USD, GBP, JPY, AUD, NZD, CAD, CHF.

It displays the relative strength or weakness of each currency over five timeframes:

1 Hour

2 Hours

8 Hours

5 Days

30 Days

🧮 How It Works
Performance Measurement:
For each currency, the indicator calculates the average rate of change (ROC) across 7 currency pairs that represent that currency (e.g. EURUSD, EURJPY, EURCHF, etc.).

Directional Adjustment:
For quote-side currencies (e.g. USD in EURUSD), the ROC is inverted (i.e., negative) to correctly reflect the base currency's strength.

Averaging:
The 7 ROC values per currency are averaged to produce a clean, comparable strength score for that currency in each timeframe.

Table Display:

A real-time table shows strength scores for all 8 currencies.

The strongest currency per timeframe is highlighted in green.

The weakest currency is highlighted in red.

Neutral or middle values appear in gray.

Updates:
The dashboard refreshes every 5 bars on the 1H chart to reduce load and improve performance.

면책사항

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