PipTick CSI PRO

This is a professional version of our PipTick Currency Strength Indicator. Knowledge of the strength and weakness of each currency is vital for every forex trader. Our currency strength indicator measures the strength of eight major currencies (USD, EUR, GBP, CHF, JPY, CAD, AUD, NZD) by using several popular indicators. PipTick CSI PRO shows you simply and quickly whether the currency is strong or weak. Furthermore, you can also see, when the currency is oversold, overbought, or in a “normal area”.

The Indicator's Measuring Methods

The indicator is calculated from 28 currency pairs and works on every MT platform. PipTick CSI PRO uses only 7 currency pairs for the calculation of the rest of the 21 pairs. For the correct working of the indicator, you need only these seven pairs in your MT platform: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, and USDCAD.

Interpretation of the Indicator

Because our PipTick CSI PRO is based on well-known indicators, its interpretation is very simple.

RSI

CCI

MFI

MACD

How to Use the PipTick CSI PRO?

There are two basic approaches to how to trade currency strength and weakness.

You can achieve great results if you use the overbought/oversold concept of currency in conjunction with Price Action or Candlestick patterns. All you have to do is wait for the overbought/oversold of one currency, followed by drawing a candlestick pattern like a hammer or shooting star. Of course, this is just one of the thousands of possible ways of using our currency strength indicator.

You can use this indicator for long-term, swing, intraday, or even scalp trading.  

It is possible to use PipTick CSI PRO (MT4) for manual backtest as well. All you have to do is set parameter “Bars_Ago = 0” in indicator settings and download historical data for seven currency pairs which our indicator needs to calculate. The PipTick CSI PRO (MT5) can be used for manual and automatic backtest.

Main Features

Input Parameters

Output Parameters

Screenshots

Demo Video

Purchase

All our products are available in the MQL5 market.

MT4 version

Buy PipTick CSI PRO MT4 customer indicator in the store selling algo trading systems

MT5 version

Buy PipTick CSI PRO MT5 customer indicator in the store selling algo trading systems