Experts: FOREX Currency Powers

 

FOREX Currency Powers:

MetaTrader 5 allows creating synthetic instruments. The price of such instruments can depend on the current values of a number of financial instruments. In trading, such symbols allow spotting the beginning and end of global market movements at an early stage. In this example we create synthetic instruments to analyze the strength of Forex currencies EUR, USD, GBP, JPY and CHF.

Fig. 2. A tick chart of the synthetic instrument FOREX.EUR.M5

Author: Quantum

 
а какой в этом во всем смысл без корректирующих коэффициентов для валют? ведь решающую роль всегда будет играть пара с JPY
 

Very pretty,

Can you illustrate how i can use this indormation displayed to make money?


Mb

[Deleted]  

How can I set by default graphs starting at Minute 15?

Currently, they are set to start at Minute 1.

Thanks in advance,

 
Great Indicator. I use custom symbols as well to see Currency Index charts. When I compile the indicator I get a error for Line 254 stating 'initialize sequence for 'struct MqlTick' expected. Can you help with this error?
Files:
 
4xtrader2009 #:
Great Indicator. I use custom symbols as well to see Currency Index charts. When I compile the indicator I get a error for Line 254 stating 'initialize sequence for 'struct MqlTick' expected. Can you help with this error?
Although I am not the author, my guess would be, delete "={0}" and you should be good to go.


Edit:
To be sure, everything is going to be as intended, add following line in line 255:

ZeroMemory(basket_tick[0]);




 
initialise sequence for 'struct MqlTick' expected CurrencyPowerIndex.mqh 254 28

 
It should be better include all 8 currencies example = (EURUSD+EURGBP+EURCHF+EURJPY+EURNZD+EURAUD+EURCAD)/4)