Currency Strength Correlation Dashboard reads the 28 major pairs and scores the live strength of the 8 major currencies from 0 to 100, so you see which currency leads and which lags at a glance.

It adds the correlation of your symbols against the pair you trade, an intermarket bias from gold, the dollar index, an index and the yen, and a suggested pair from the strongest versus the weakest currency, all in one compact on-chart panel you can collapse or send behind the price.

 

Compatible with MetaTrader 4 and MetaTrader 5, sold as separate products on the Market. Works on any chart symbol and timeframe. It is an indicator and never trades.

Strength is built from the percentage move of the 28 pairs on the timeframe you choose, then normalized to a clean 0 to 100 ranking. The correlation shows how each symbol moves against a reference pair, the chart pair by default, using Pearson correlation over a rolling window, with a full matrix available as an option. The intermarket panel compares gold against the dollar index, an equity index and the yen, and the signal names the pair between the strongest and the weakest currency, with the direction to trade it, and can even open that pair’s chart with a direction arrow.

Key Features:

• Live strength of the 8 majors scored 0 to 100 from the 28 pairs
• Correlation of each symbol against the pair you trade, with a full matrix option
• Intermarket bias from gold versus the dollar index, an index and the yen
• Suggested pair from the strongest versus the weakest currency, with direction
• Optional alert when the suggested pair changes, popup, push and sound
• Optional auto-open of the suggested pair chart with your template and a direction arrow
• Compact on-chart panel you can collapse or send behind the price
• Broker prefix and suffix support for non-standard symbol names
• Full color, font and corner control, independent timeframes, sections you can turn off

Ideal For:

• Discretionary traders who pick pairs by currency strength
• Traders who use correlation to avoid doubling the same risk
• Gold and index traders who watch the intermarket picture
• Anyone who wants a fast top-down read before entering

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