OPEN-SOURCE SCRIPT
Simple Currency Strength Measurer III
This is an updated version to the Currency Strength Measurer I created before. I'm not updating that script due to differences in the features and in the idea. The original script was a lagging indicator, I hope that this one is more of a leading indicator, the idea is the same. This indicator has way fewer inputs and it's more lightweight. Try it and compare it with the original SCSM and choose whichever suits your strategy best.
I'm open to comments or ideas on how to upgrade it.
I'm open to comments or ideas on how to upgrade it.
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.