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Content: Expert: Currency Strength D1 V4.1.ex4 (Unlocked-Unlimited), Preset: EURUSD H1 Setfile.set, UserGuide: Currency Strength D1 V4.1.oxps, Document: Notes.txt.
Currency Strength Robot Expert Advisor (EA)
Time Frame: Only one chart, H1 (1-hour)
Minimum Investment: $100
Trading: Fully automated, 3 to 10 trades daily
Overview
This 100% Automated Forex Trading EA is built around the well-known Currency Strength Meter concept, originally developed by Mr. Am — a famous news trader known as the News Profiteer.
The EA measures the relative strength of all major currencies by analyzing price action across 28 currency pairs and 56 combinations. It automatically opens trades based on the current strength or weakness of individual currencies, aiming to capitalize on short-term market momentum.
How It Works
The EA calculates currency strength using a secret formula based on candlestick patterns and price action.
Each currency’s strength is measured relative to the other 7 major currencies, incorporating:
Price volatility
Short-term price ranges
Candle formations on the H1 timeframe
Signals are generated by identifying strong (GREEN) and weak (RED) currencies, while neutral (GREY) currencies are avoided.
The EA opens trades on pairs where one currency is strong and the other is weak, ensuring you always trade in trending market conditions.
It continuously monitors real-time data every tick and updates strength values without needing manual refreshes.
Key Features
Automated Pair Selection: Trades only when clear strength/weakness signals appear
News Trading Friendly: Based on price action, adaptable to market volatility
Visual Strength Indicator: Quick visual reference for the current market trend
Simple Setup: Drag and drop on any H1 chart with default settings
Works on All Currency Pairs: Monitors all pairs your broker provides
How to Use
Show All Pairs: Make sure all currency pairs are visible in your Market Watch window.
Apply EA: Attach the EA to any H1 chart with default settings (recommended for beginners).
Let It Trade: The EA will automatically open and manage trades based on the strength/weakness signals.
Why Use Currency Strength Robot?
Helps avoid sideways or low-momentum markets by trading only when there is a clear trending condition.
Takes advantage of natural currency strength divergences to capture profitable price movements.
Perfect for traders who want a hands-off, fully automated system with minimal setup.