“Which pairs are moving today” in 10 seconds — Rate of change ranking【CP-POW】#06
This time, we’ll introduce CP-POW, the easiest to pick up in the series.CP-POW(Current Pairs Power) is
in short, a multi-currency monitoring tool that ranks up to 30 currency pairs by their rate of change, including changes in ranking.ranking display of rate of change across up to 30 currency pairs, including changes in rankings.
Aren’t you spending time looking for “moving pairs”
Performance in trading is largely determined even before the method by“which pair to choose”.
If you wait with non-moving pairs, you won’t capture price movement. But in reality—
you search for quotes andswitch currency pairs one after anotherand time slips away
by the time you notice,the moves of the main pair have ended.
you end up looking at the same familiar pairswithout noticing biases in opportunities
you want to see currency strength, butyou feel you can’t master a tool with difficult settings
CP-POW is a tool to finish this “pair selection” in the first 10 seconds.
What is CP-POW — lineup today’s stars by rate of change
The mechanism is simple. For each currency pair, it calculates the rate of change from the opening price to the current price in the displayed time frame and ranks them in descending order.rate of change from open to current per currency pair.
positive is green, negative is red, near zero is graycolor coding
the top 3 pairs are1st = Gold, 2nd = Silver, 3rd = Copperemphasized
(previous rank) → (current rank)is listed as well. You can see the rank changes,so you can identify the pair that’s gaining momentum now.
This “previous→current” ranking display is actually my favorite feature.
The pairs that arerising through the ranksare worth aiming for at the early stage.
With this single tool you can gauge both currency strength and pair strength
The rate-of-change ranking can also be viewed as a list of currency strength.glance at currency strength.
For example, if the top of the ranking shows EUR-related buys and the bottom shows JPY-related sells, you can interpret it as “EUR strong, JPY weak.”
The strongest×weakest combination (here EURJPY long) is a candidate for trends that tend to appear.
There’s no complicated normalization or dedicated screen.Just look at the ranking from the top.
I believe this is the simplest form for an introduction to currency strength.
Attention to detail that’s small but effective
With status display: clearly shows initializing (Initialize...), getting price (Getting...), or Can’t Calc... when calculation is not possible.
This eliminates the worry that it looks like nothing is moving
All 30 frames customizable: Defaults are 28 pairs including EUR, GBP, AUD, NZD, USD, CHF, JPY plus two Gold variants (XAUJPY/XAUUSD).
Can be freely changed to match your broker’s naming
Per-pair display ON/OFF: useful when you have accounts with few tradable pairs or when you want to narrow monitoring
Update interval, font size, and display positioncan be adjusted (default update every 3 seconds)
You can try the free version first
CP-POW has a free version (CP_POW_FREE) with a 5-pair display limit.Free version (CP_POW_FREE).
The compatibility with indicators is best understood by trying it on a chart.
First try the free version to check display and feel, and if you want to see it with 30 pairs, move to the paid version. This sequence minimizes mistakes.
Why I built it
When I started trading, every morning I would “open all pairs to see today’s buzz.”
This task is really exhausting with 30 pairs. By the time you’re tired, your brain has less capacity to decide.
Humans should focus on choosing, while machines handle ranking.
CP-POW is the origin of my multi-currency monitoring series, built on that idea.
Who this is for
On that dayyou want to see charts in order from moving pairs.
You want currency strength/weaknesswithout complicated settingsto incorporate
If you want to try your first paid indicatorat a reasonable price.
If you want to see trend quality through moving averages (perfect order) rather than rate of change, CP-POL is at the top of the series, and if you want a signal for strength/weakness, CP-Signal is also among the top. Both have explanatory articles in the magazine.
Sales information
CP-POW is sold on GogoJungle.
The free version (CP_POW_FREE) is available here.
Disclaimer
This tool does not provide investment advice.
The display of rate of change does not guarantee buy/sell direction, profits, or win rate. The information shown is a guide to assist discretionary judgment, and you should make the final trading decisions at your own risk. Depending on broker-provided data, displays may differ from expectations.
Thank you for reading until the end.
Open your morning chart and determine “today’s star” within the first 10 seconds. CP-POW hopes to help you build that habit. If you found this article useful, please consider following.
Your support would be greatly appreciated.
Wishing you good trading.