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2009.12.16 10:50
DXY Dollar Index

DXY Dollar Index - indicator for MetaTrader 4

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18263
Rating:
votes: 1

Author:

andydoc

Description:

This indicator calculates and displays the Dollar Index and 2 definable moving averages. In order for it to work, the broker must provide prices for all the reference pairs, i.e. EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK, USDCHF.

The Dollar Index is well described here: ICE Dollar Index

Image:

The indicator against 2 pairs, reading exactly the same.

Recommendations:

  • The periods for the moving averages can be changed - defaults are 20 and 40
  • The indicator will work on any chart and on any period.