BabyPips Trend Strength Matrix

Hello, does anyone know how the BabyPips Trend Strength Matrix is calculated? Is it looking at individual currencies and assessing their strength based on the moving averages, or is it it’s average strength relative to all its pairs?

The Trend Strength Matrix plots currency pairs within a watchlist based on where their price currently is relative to the corresponding MAs (Y and X axes in the matrix).

A good way to “confirm” is to pick a currency pair and pull up a chart and then look at where its current price is against the two moving averages in the trend matrix.

So here you’ll see NZD/USD is above 50MA but below its 200. (Date used for this was 02-22)

In the Trend Strength Matrix, you’ll see NZD/USD on the left side of the 200SMA (because it’s below it) and on the top quadrant of the 50 SMA (purple) because it’s above it. :slight_smile:

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@MikeWolski, @Ananais

Having read Mike’s diary many times, I have often thought that this BabyPips Market Milk summary could save Mike a lot of crunch work if used at a higher level (less detailed analysis).

Hi @MikeWolski
Not trying to teach you how to suck eggs here, but is this something you have looked at to incorporate into your monthly pairs direction analysis?

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My favourite is the heat map. I’ve just realized there are quite a few sectors - forex, commodities, indices, crypto. Nice resource, thanks for highlighting it.

That JPY is what you might call a bull bull bull bull bull bull - quite rare. Mike alluded to this trend in his diary recently.

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