Thirdeyechart Index – 7 Majors

The 7 Majors Masterclass is a professional TradingView indicator designed for traders who want a fast, clear, and comprehensive view of the market direction of the 7 major forex pairs. This version monitors EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, and NZDUSD simultaneously, allowing traders to see global forex trends at a glance.

The indicator calculates percentage changes for each pair across Weekly (W), Daily (D), 4-Hour (H4), and 1-Hour (H1) timeframes. Positive changes are highlighted in blue, negative changes in red, giving an immediate visual cue of market direction. A Total Average Trend Strength is calculated across all timeframes, helping traders quickly identify strong, weak, or neutral trends for each currency pair.

Math Logic Behind the Indicator

Percent change per timeframe:
pct_tf = ((close_tf - open_tf) / open_tf) * 100

Collect all timeframe values for each pair:
values = [pct_W, pct_D, pct_H4, pct_H1]

Total Average Trend Strength:
Total_Avg = sum(values) / 4

Trend interpretation (default thresholds):

≥ +0.50 → Strong Uptrend

+0.15 to +0.49 → Weak Uptrend

−0.14 to +0.14 → Neutral

−0.49 to −0.15 → Weak Downtrend

≤ −0.50 → Strong Downtrend

The table layout is boxed and clean, making it easy to compare multiple pairs simultaneously. Traders can use it for intraday, swing, or long-term analysis, quickly assessing which pairs are strong or weak and planning trades accordingly.

This indicator is informational and educational only. It does not provide buy or sell signals. Users must perform their own analysis and apply proper risk management before taking any trades.

Disclaimer / Copyright:
© 2025 Thirdeyechart. All rights reserved. Redistribution, copying, or commercial use without permission is prohibited. The author is not responsible for any trading losses or financial decisions made using this indicator.