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Indicators

USDx dollar index - indicator for MetaTrader 5

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11548
Rating:
(23)
Published:
2012.12.05 10:48
Updated:
2016.11.22 07:32
usdx.mq5 (4.06 KB) view
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USDX is an index which measures the dollar's value against a basket of six basic currencies: Euro (EUR), Yen (JPY), Pound sterling (GBP), Canadian dollar (CAD), Swedish krona (SEK) and Swiss franc (CHF).

The index is calculated as a weighted geometric value of these currencies using the following formula:

USDx=50,14348112*USDEUR^0,576*USDJPY^0,136*USDGBP^0,119*USDCAD^0,091*USDSEK^0,042*USDCHF^0,036


where the power coefficients correspond to the weights of currencies in the basket:

  • Euro — 57,6 %;
  • Yen - 13.6%;
  • Pound Sterling - 11.9%;
  • Canadian dollar - 9.1%;
  • Swedish Krona - 4.2%;
  • Swiss franc - 3.6%;

The dollar index

Before using activate EURUSD, USDJPY ,GBPUSD, USDCAD, USDSEK, USDCHF symbols in market survey and load the history according to symbols data.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1119

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