I think Deez can better help or guide you in this regard because he is working and experimenting/exercising on this since long
I think the currency strength indicators have a lot of potential but maybe the ones that plots lines are better than the histo ones as in former case we can also see how the strength has been developing over time.
Attaching this indicator which seems quite responsive on 1M TF. I havnt worked with this one too much. But will look into it of others find it interesting too.
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