Atlas 8 Currency Session Momentum (6H, London)

This indicator calculates real-time currency strength for the 8 major currencies (USD, EUR, GBP, JPY, AUD, NZD, CAD, CHF) using a balanced multi-pair engine and a 6-hour momentum reset.

🔍 How it works

The indicator computes the relative strength of each currency by averaging the percentage change of 7 major cross-pairs for each currency.
A currency's value increases when pairs where it is the base appreciate, and decreases when pairs where it is the quote depreciate.
This creates a symmetric and stable strength calculation similar to institutional relative-value models.

🕒 Session-based Momentum Reset

The global trading day is split into 4 × 6-hour blocks:

• 00:00–06:00 Tokyo
• 06:00–12:00 London
• 12:00–18:00 New York
• 18:00–24:00 Late US/Asia pre-open

At each new 6-hour session, all strength lines reset to 0.
This highlights fresh intraday momentum generated by liquidity transitions between sessions.

🎯 What the indicator shows

• Relative strength of all 8 currencies
• Smooth momentum curves using EMA smoothing
• Vertical dividers at each new session
• Background color for each session
• Real intraday build-up of strength/weakness (not cumulative from previous day)

This tool is designed for intraday traders who follow cross-currency momentum during session transitions (Tokyo → London → NY).

🧭 How to use it

• Look for the strongest vs weakest currency after each session reset
• Identify fresh trends during London and NY opens
• Confirm currency-pair bias using strength divergence
• Track momentum exhaustion when lines flatten or converge