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Indicators: DollarIndex

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MetaQuotes Software Corp.
Moderator
182415
MetaQuotes Software Corp. 2010.06.23 07:39 

DollarIndex:

A volume-adjusted reading of the net flow of USD as measured by all 7 major currency pairs.

Author: Shon Shampain

MerlinBrasil
81
MerlinBrasil 2010.06.25 07:46  

Hi Shon,

Nice work.

To expand on the 'thought experiment', how about being able to throw this on any chart, parse the currency into two currencies automatically, then display the same concept for both currencies (i.e. GBPJPY)? Or then, optionally, be able to plot the USD Index along with those two pairs.

Just my first thoughts,

Merlin

Shon Shampain
3
Shon Shampain 2010.06.25 19:38  
MerlinBrasil:

Hi Shon,

Nice work.

To expand on the 'thought experiment', how about being able to throw this on any chart, parse the currency into two currencies automatically, then display the same concept for both currencies (i.e. GBPJPY)? Or then, optionally, be able to plot the USD Index along with those two pairs.

Just my first thoughts,

Merlin


Merlin:

Great idea. I am posting a new indicator called "NetFlows" that does just exactly that. Enjoy.

- Shon Shampain, http://www.zencowsgomu.com/

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