Experts: FOREX Currency Powers

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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

 

Very pretty,

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


Mb

 

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:
Line_254_error.png  17 kb
 
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]);




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