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DXY Correlation

4

Indicator can be used for dxy correlation trading.

it calculates the dollar index (USDX or DXY) using the EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF and USD/SEK currency pairs.

In order to trade them, you need to find a confirmed technical analysis pattern on the DXY chart and look for a correlated currency pair that has the same picture on its price chart.

The formula used for calculation is the following:

USDX = 50.14348112 × EURUSD-0.576 × USDJPY0.136 × GBPUSD-0.119 × USDCAD0.091 × USDSEK0.042 × USDCHF0.036

The resulting indicator resembles DXY . The index was introduced in 1973 at an initial value of 100. The rules for its calculation were updated only once — in 1999 to reflect the introduction of euro.


Reviews 1
entropia93
91
entropia93 2023.09.29 11:28 
 

Hello your this indicator ( DXY Correlation ) is nice thanks a lot for share with us @Abdelkhabir Yassine Alaoui

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Basing Candles indicator is an automatic indicator that detects and marks basing candles on the chart. A basing candle is a candle with body length less than 50% of its high-low range. A basing candle or basing candlestick is a trading indicator whose body length is less than half of its range between the highs and lows. That's less than 50% of its range. The indicator highlights the basing candles using custom candles directly in the main chart of the platform. The percentage criterion can be
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Usdjpy Hunter
Abdelkhabir Yassine Alaoui
This is a classic trading strategy based on two Moving Averages crossover. customized for usdjpy with a Good risk management strategy RR 1/2 . (    Long when fast MA crosses slow MA from below and Short when fast MA crosses slow MA from above ) TF : 5MIN MAX Lot size to use : 2% e.g : Balance =100 => lot size = 0.02 Balance =1000 => lot size = 0.20 Balance =10000 => lot size = 2 ------
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Best Pivot Point Indicator MT5
Abdelkhabir Yassine Alaoui
Best Pivot Point Indicator  display   pivot points   and   support and resistance   lines for the intraday trading. It calculates them using its own formula based on the previous trading session The indicator can display the following levels in addition to plain pivot points: Previous session's High and Low, today's Open. Sweet spots. Fibonacci levels. Camarilla pivots. Midpoint pivots.
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entropia93
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entropia93 2023.09.29 11:28 
 

Hello your this indicator ( DXY Correlation ) is nice thanks a lot for share with us @Abdelkhabir Yassine Alaoui

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