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A-B Currency Movement Tool - FOREXCOM

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The A–B Currency Movement Tool is a manual forex pair-selection and market-comparison tool designed to analyze how the 8 major currencies behaved during a specific impulse move selected by the trader.

The tool covers:

AUD • NZD • CAD • USD • JPY • EUR • GBP • CHF

and analyzes the 28 unique currency combinations using FOREX.com (FOREXCOM) price data.

How It Works

The trader manually selects two points on the chart:

Point A → Start of the move
Point B → End of the move

The A–B line defines the time window only.

During exactly the same period between A and B, the indicator checks the price movement of all 28 currency pairs.

For each pair:

If price increased from A to B, the base currency gains strength and the quote currency loses strength.
If price decreased from A to B, the quote currency gains strength and the base currency loses strength.

Each currency is therefore compared directly against the other 7 currencies.

Reading the Score

Scores range from +7 to -7.

+7 = Stronger than all 7 currencies
+5 = Stronger than 6 of 7
+3 = Stronger than 5 of 7
+1 = Stronger than 4 of 7

-1 = Weaker than 4 of 7
-3 = Weaker than 5 of 7
-5 = Weaker than 6 of 7
-7 = Weaker than all 7 currencies

The currencies are automatically ranked from strongest to weakest in the top-right table.
Nota Keluaran
The A–B Currency Movement Tool is designed to measure currency strength and weakness across all 8 major currencies—AUD, NZD, CAD, USD, JPY, EUR, GBP and CHF—using all 28 FOREXCOM currency pairs. You manually select Point A and Point B around the market move you want to analyze, and the indicator measures how each currency behaved during that move. Each currency is evaluated through its seven related pairs, producing a score from +7 to -7, where +7 represents 7/7 strength and -7 represents 7/7 weakness. We added a new live B→NOW measurement that begins from your manually selected Point B and continuously measures what all currencies are doing after the original move. This allows you to compare the original A→B impulse with the current B→NOW movement and see which currencies are gaining strength or becoming weaker during a pullback. We also added a Measurement Timeframe setting so the calculation remains locked to your chosen timeframe. For example, if you select 1H as the measurement timeframe, both A→B and B→NOW continue using 1-hour data even if you change your TradingView chart to 15M, 5M or 4H. The purpose of the indicator is not to predict the depth of a pullback or automatically provide an entry signal; it is a measurement tool that lets you identify the original strongest and weakest currencies and then monitor live changes in currency behavior after Point B, which can help identify which counter-currency is driving a shallow or deep pullback.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.