OPEN-SOURCE SCRIPT
Forex Strong Weak Analysis
Forex Strong/Weak Analysis
- Derived from Dennis3450 thread on babypips.com - See thread here: https://forums.babypips.com/t/trading-the-trend-with-strong-weak-analysis
Synopsis: This script compares the current price to the 200 period simple moving average on the 4-hour chart of the seven major Japanese Yen currency pairs and plots the results in order to determine their relative strength.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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.