OPEN-SOURCE SCRIPT
8 Pair Strength - updated by rmireland for AUD/CAD/NZD/USD
Currency Strength meter
First created by Glaz in 2015 and updated a few times by JustUncleL in 2017 , I have stripped out the plot functions and color coded results against pairs.
I feel this makes the results easier to interpret. The darker the color the stronger the asset.
As Pine Script only allows a maximum of outputs, I have split this into 2 Scripts to cover all 28 pairs.
8 Pair Strength - AUD/CAD/NZD/USD for AUD/CAD - AUD/CHF - AUD/JPY - AUD/NZD
AUD/USD - CAD/CHF - CAD/JPY - NZD/CAD
NZD/CHF - NZD/JPY - NZD/USD - USD/CAD
USD/CHF - USD/JPY
8 Pair Strength - CHF/EUR/GBP for CHF/JPY - EUR/AUD - EUR/JPY - EUR/CAD
EUR/CHF - EUR/NZD - EUR/GBP - EUR/USD
GBP/AUD - GBP/CAD - GBP/CHF - GBP/JPY
GBP/NZD - GBP/USD
Enjoy
First created by Glaz in 2015 and updated a few times by JustUncleL in 2017 , I have stripped out the plot functions and color coded results against pairs.
I feel this makes the results easier to interpret. The darker the color the stronger the asset.
As Pine Script only allows a maximum of outputs, I have split this into 2 Scripts to cover all 28 pairs.
8 Pair Strength - AUD/CAD/NZD/USD for AUD/CAD - AUD/CHF - AUD/JPY - AUD/NZD
AUD/USD - CAD/CHF - CAD/JPY - NZD/CAD
NZD/CHF - NZD/JPY - NZD/USD - USD/CAD
USD/CHF - USD/JPY
8 Pair Strength - CHF/EUR/GBP for CHF/JPY - EUR/AUD - EUR/JPY - EUR/CAD
EUR/CHF - EUR/NZD - EUR/GBP - EUR/USD
GBP/AUD - GBP/CAD - GBP/CHF - GBP/JPY
GBP/NZD - GBP/USD
Enjoy
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.