# Currency Index Formula

629

Hello ,

I found in google USD Index formula :
usdx = usdeur ^ 0.576 x usdjpy ^ 0.136 x usdgby ^ 0.119 x usdcad ^ 0.091 x
usdsek ^ 0.042 x usdchf ^ 0.036 x 50.14348112

But the same for EUR Index ,GBP Index ,CAD Index ,JPY Index ,CHF Index ,AUD Index , NZD Index cantbe find

I just want their mathematic formulas (for programming)

Can u give indications?

Tnx

Moderator
8834

paulselvan:

Hello ,

I found in google USD Index formula :
usdx = usdeur ^ 0.576 x usdjpy ^ 0.136 x usdgby ^ 0.119 x usdcad ^ 0.091 x
usdsek ^ 0.042 x usdchf ^ 0.036 x 50.14348112

But the same for EUR Index ,GBP Index ,CAD Index ,JPY Index ,CHF Index ,AUD Index , NZD Index cantbe find

I just want their mathematic formulas (for programming)

Can u give indications?

Tnx

As the weights for USD-index are based on the trade volume or the 'moved' money you can create your own index with weights based on the traded forex volumes.
629

you mean per ex EUR , there isnt only one formula for  ?

whats trade volume : where it can be find in mt4 plateform?

Moderator
8834

paulselvan:

you mean per ex EUR , there isnt only one formula for  ?

whats trade volume : where it can be find in mt4 plateform?

You have to google for those numbers - I once have found them, but I couldn't remember.

Maybe you start from here?

Foreign exchange market - Wikipedia
• en.wikipedia.org
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the...
629

very instructive

tnx

5722

paulselvan:

very instructive

tnx

Hello

i have the euro index formula

EURx = 34.38805726 x (EUR/USD)^(0,3155) x (EUR/GBP)^(0,3056) x (EUR/JPY)^(0,1891) x (EUR/CHF)^(0,1113) x (EUR/SEK)^(0,0785)

Regards

629

tnx for eur index

all others are not easy to find

----------------------------------

Many brokers give USDIndex in their plateform

So if i want for example CAD index , is this formula right  one :

the same for :

AUD = (audusd) * USDIndex

NZD = (nzdusd) * USDIndex

....

1672

paulselvan:

Hello ,

I found in google USD Index formula :
usdx = usdeur ^ 0.576 x usdjpy ^ 0.136 x usdgby ^ 0.119 x usdcad ^ 0.091 x
usdsek ^ 0.042 x usdchf ^ 0.036 x 50.14348112

But the same for EUR Index ,GBP Index ,CAD Index ,JPY Index ,CHF Index ,AUD Index , NZD Index cantbe find

I just want their mathematic formulas (for programming)

Can u give indications?

Tnx

https://www.mql5.com/en/charts/7390540/usdlfx-h1-liteforex-investments-limited

Chart USDLFX, H1, 2017.07.25 04:28 UTC, Liteforex Investments Limited, MetaTrader 4, Demo
• www.mql5.com
Symbol: USDLFX. Periodicity: H1. Broker: Liteforex Investments Limited. Trading Platform: MetaTrader 4. Trading Mode: Demo. Date: 2017.07.25 04:28 UTC.
20210

 Mehmet Bastem: https://www.mql5.com/en/charts/7390540/usdlfx-h1-liteforex-investments-limited Please use the link button (control-K.) for links See the difference: https://www.mql5.com/en/charts/7390540/usdlfx-h1-liteforex-investments-limitedIf OP isn't using your broker, what is the point of your image? A lot of brokers do not have indexes available.
431

paulselvan:

tnx for eur index

all others are not easy to find

----------------------------------

Many brokers give USDIndex in their plateform

So if i want for example CAD index , is this formula right  one :

the same for :

AUD = (audusd) * USDIndex

NZD = (nzdusd) * USDIndex

....

yes!

can you test if this is true:

(audusd) * USDx  =  AUDx  = (audeur) * Eurox

629

Mpendulo Chiliza:

yes!

can you test if this is true:

(audusd) * USDx  =  AUDx  = (audeur) * Eurox

Surely,

AUDx  = (audusd) * USDx can be different of  AUDx  = (audeur) * Eurox

But what's your point : i assume take in account the weight of   USDx and Eurox (and others currencies) in AUDx formula