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Near7EXCHANGEs displays average values of price deviations for seven currencies in points for a specified period in a subwindow of any trading instrument.
Symbols: CHF, GBP, EUR, JPY, CAD, AUD, and NZD.
- DigitsStyle - 4 (four and two digits) or 5 (five and three digits);
- DRAWs - number of bars to display the indicator;
- NearPeriod - indicator period.
If NearPeriod is 0, recommended periods are used for each chart timeframe.
If NearPeriod = 0:
- M1 timeframe - period = 60;
- M5 timeframe - period = 48;
- M15 timeframe - period = 96;
- M30 timeframe - period = 192;
- H1 timeframe - period = 96;
- H4 timeframe - period = 312;
- D1 timeframe - period = 30;
- W1 timeframe - period = 12;
- MN1 timeframe - period = 9.
The following 20 symbol charts are used to calculate all seven currencies:
USDCHF, GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, EURGBP, EURCHF, EURJPY, GBPCHF, GBPJPY, AUDNZD, AUDCAD, AUDCHF, AUDJPY, CHFJPY, EURNZD, EURCAD, NZDJPY, and NZDUSD.
This is the third indicator of the Near series.
The indicator is calculated each minute.