Basic Settings

Automatic Mode - Automatic Filter - Manual Mode - Show Pair IDs (labelling) - Pair 1 Selectable - Pair 2 Selectable - Calculation Method - Calculation Length (Universal)

What Does The Basic Settings Do?

The basic settings in NVME Currency Strength Pro will impact the overall results of the indicator through determining what assets to analyse using the selected calculation module whilst amplifying it through the calculation length. Users will be able to automate the pairs for their current asset or they can manually compare the assets themselves. This group will allow users to basically customise the full result of the indicator.

Automatic Mode In depth + Filters

The automatic mode in the currency strength indicator will detect your current asset and see if it is available for automated results. If your pair is supported then you will notice the market scanner changing its labels and results to adapt to pair A and pair B so that you can see if bears or bulls are the strongest. If your pair isn't supported then you will notice the following happening: an error will be displayed next to the indicator's name or you will get one single line rather than two.

To use automatic mode users must enable the toggle box that says "Automatic Mode?", we have placed a "[Forex Only]" sign to alert to users that this should ideally be used with just foreign exchange pairs. To manually select a pair users should disable this checkbox.

Supported Automatic Assets:

Forex (100% Recommended Use)

Cryptocurrencies (Optimal for most, 70% Recommended Use)

Stocks (US Stocks Recommended, Others May Work)

CFDs (Gold and Silver Recommended, Others May Work)

We are the only currency strength provider that works with non-forex material.

Unsupported Automatic Assets:

Indexes

Futures

Economy

Successful automation results:

Failed Automations results:

Automatic Filters

There are two filter modes available to choose from, which is the Pair Vs Pair mode and the Index Vs Index mode. They both use a different comparison method hence the name and both have very distinguishing results from one another.

The pair vs pair mode will detect the first currency and compare it against the second currency available.

The index vs index mode will detect the first currency type and convert that into the correct index and then it will detect the second currency type and convert it into the correct index for comparison.

Pair Vs Pair Mode

Index Vs Index Mode

Show Pair IDs

This is the third input option available in the basic settings group that allows the user to see what each strength line is linked too.

By enabling this option, you will get to see the names of each line linked to the asset, which can be found on the right hand side of the indicator.

By disabling this option, you will no longer see the names of each line linked to the asset.

Customisable Pairs

To use the customisable pairs, users must first disable the automatic mode so that the system can use the user selected pairs instead.

Pair ID [1] will be the first input field that allows you to select an asset of your choice and this asset will be worked in the following way: Your Asset against XXX (Pair ID [2]). You can select any asset within the TradingView library.

Pair ID [2] will be the second input field that allows you to select an asset of your choice and this asset will be worked in the following way: XXX (Pair ID [1]) against Your Asset. You can select any asset within the TradingView library.

How Do I Change Assets?

1. Click on the input box with the asset name inside of it.

2. Select the group type of the asset or search for the asset using the TradingView search bar.

3. Click on the asset you want to have.

4. Click on "OK" on the settings panel.

Calculation Method + Length

With NVME Currency Strength Pro, users are able to select many different comparing calculation methods integrated into the script. There is currently 7 options to choose from when it comes to comparing the currencies' performance.

Each module will provide users with different results compared to one another, some may provide better results at most times.

RSI (Relative Strength Index)

TSI (True Strength Index)

CCI (Commodity Channel Index)

COG (Centre of Gravity)

MFI (Money Flow Index)

MOM (Momentum)

ROC (Rate of Change)

Calculation Length

The calculation length is a universal setting that can be used to customise the overall result and output of each calculation module.

Increasing this value will most likely make each trend control last longer and trend identification becoming slightly delayed.

Decreasing this value will most likely make each trend control short term and trend identification becoming quicker.