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Rating:

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Published:

2018.06.16 10:05

USDX_Candle.mq5 (28.5 KB) view

Download as ZIP, How to download code from MetaEditor

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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.

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Generic Index Indicator.

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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