FOREX Strength Matrix PRO | Auto·Scalp·Swing·Manual

Strategy type
Multi-session FX divergence engine (long/short) designed for scalping, day-trading, swing-automation on any major/cross.

What it does
The script hunts for moments when one currency is clearly dominating another and converts that edge into trades on the selected pair.

Four strength factors (-100→+100 each)
• Price Return (STR) – raw 1-bar % change.
• Relative Volume (RVOL) – today’s volume ÷ 30-bar SMA.
• Relative Volatility (VOL) – ATR% ÷ 30-bar SMA of ATR%.
• Normalised Momentum (MOM) – price momentum / ATR%.

Matrix build
• Values from 21 symbols roll up to the 7 G-7 currencies.
• Each factor crowns a strongest & weakest currency; weights
(40 / 30 / 20 / 10 %) turn those into ± contributions.
• Result = TOTAL % score per currency.

EDGE gap trigger
• EDGE = TOTAL_base − TOTAL_quote (range −200…+200).
• Long when EDGE ≥ threshold; Short when EDGE ≤ −threshold.
• Default threshold 150 % ⇒ only act on wide divergences.

Timing rails
• Session filter: London, New-York, Tokyo, Sydney boxes.
• Optional contrarian mode: flips all entries.

Risk engine
• Stop & target = ATR × inputs (default 3×).
• Hard flat when EDGE flips sign (dominance lost).

Visual aids
• One-glance strength “Matrix” table.
• Live best-pair suggestion (strongest vs. weakest currency).
• Technical-Rating overlay (All / MA / Osc).

All request.security() calls use lookahead_off → no repaint.

Default inputs (1H template)
Reference TF = Chart
ATR length  = 14
Momentum length = 10
RVOL window = 30
VOL window  = 10
Factor weights = 40 / 30 / 20 / 10
Trade when EDGE ≥ = 150 %
Stop ATR× / Target ATR× = 3 / 3

Back-test properties used in screenshots
Initial capital  100 000 (quote currency)
Order size    5 % of equity
Pyramiding    1
Commission    0.01 per lot
Slippage     3 ticks
Fills      Bar magnifier ✔ · On bar close ✔ · Standard OHLC ✔

How to use
Add to any major/cross chart (default set = USDJPY 1 H).
In Inputs set Pair to trade equal to chart symbol.
Tick the sessions that suit your style.
Leave threshold 150 % or tighten/loosen as desired (50–200 %).
Adjust ATR stops if your broker’s spreads are wider/narrower.
Forward-test on demo; tune commission/slippage to reality.

Important notes
Built exclusively with TradingView built-in data; no external feeds.
No look-ahead, no intrabar repaint, open-source for audit.
Works on any timeframe.
Long/short symmetric; set Reverse logic to fade extremes instead.
Historical results never guarantee future performance; markets evolve.

Credits
TradingView for their technical analysis rating script.


Trade smart, manage risk, and may the strongest currency be with you!