FORTS Currency Power - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Forex Currency Power provides examples of using synthetic financial instruments to calculate Forex currency strength.
Likewise, we can calculate the strength of the RTS, USD, and RUB in the FORTS futures market.
Using the values of the futures contracts "MIX-3.18" (~RTSRUB), "RTS-3.18" (~RTSUSD), "Si-3.18" (~USDRUB), "Eu-3.18" (~EURRUB), we can create currency strength indicators:
Copy the CurrencyPowerIndex.mqh file to
After starting FORTS_Currency_Power.mq5, the following synthetic instruments will appear in the market quote window: FORTS.RTS.M5, FORTS.USD.M5, FORTS.RUB.M5:
Figure 1. Composite symbols FORTS.RTS.M5, FORTS.USD.M5, FORTS.RUB.M5
Figure 2. Scale diagram of the synthesis tool FORTS.RTS.M5
Figure 3. Live chart of the synthetic tool FORTS.USD.M5
Figure 4. Scale diagram of the synthesis tool FORTS.RUB.M5
Figure 5. Strength of RTS, US dollar, ruble calculated based on FORTS futures contract
Attachment download
📎 currencypowerindex.mqh (10.3 KB)
📎 forts_currency_power.mq5 (9.31 KB)
Source: MQL5 #19545
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