Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

4047

Rating:

(6)

Published:

16 June 2018, 10:05

USDX_Candle.mq5 (28.5 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Indicator USDX shows the USD index in form of Japanese candlesticks.

Calculations:

USDX = 50.14348112 × EURUSD^-0.576 × USDJPY^0.136 × GBPUSD^-0.119 × USDCAD^0.091 × USDSEK^0.042 × USDCHF^0.036

The indicator has one input parameter:

Reverse - reverse of the calculated index chart.

Please note that for the indicator to work, the following currency pairs must be available on the server: EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK, and USDCHF. If any of them is unavailable, the indicator will be calculated incorrectly.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20563

USDX

The US dollar index against a basket of basic currencies.

Generic_Index

Generic Index Indicator.

Advance_Decline_Line

Indicator of trend strength and of the possible changes in its direction.

Absorption

The EA trades with the Absorption pattern. Working with pending orders Buy Stop and Sell Stop.

USDX_Candle - indicator for MetaTrader 5