Experimental "2D" indicator

Friday - just trying something I thought of a while ago. In the chart below, I've created a "scatter plot" of RSI(14) (on X-axis) vs ROC(14) (on Y-axis) for major forex pairs, and for the last 10 bars. This happens to be an m5 chart.

The idea, is the RSI shows strength, and ROC shows momentum, so for example, when a currency has high strength (RSI) and low momentum (ROC) this would appear in the bottom-right of the chart, and might be a good candidate to fade.

The indicator is very much a prototype - just really seeing if it proved useful. You can select different indicators for X and Y axis, e.g. RSI, CCI, ROC, SSD.

I'll have a play with it and let you know how it goes :-)