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Custom index 2 charts in one

Do you want to create your own indexes? Do you want to change Forex symbols or upturn charts? Do you want multiple charts synchronized and with different timeframes? Then, this tool is just for you.


What you can do with this tool?

  • With only few clicks, you can upturn symbols. For example, EURUSD to USDEUR.
  • Create charts with indexes even when your broker does not offer them. For example, USDIndex.
  • Create your own indexes combining up to 10 symbols. For example, EURIndex with combining EURUSD, EURJPY, EURGBP, EURCAD, EURSEK, EURCHF.
  • You can display multiple charts at one and move them at once. For example, USDJPY on EURJPY chart.
  • You can display multiple charts with different timeframes. For example, EURUSD M1, EURUSD M5, EURUSD M15.

Or you can combine every possibility above into one.


How to control this tool?

First, the utility may seem too complicated with all these multiple inputs, but this is not the case. Let´s describe each of them.

  • Chart Type
    • Candle - added chart will consist of Candles
    • Line - added chart will be Line
  • Use Timeframe - choose, which timeframe you want to display.
  • Index Base - base multiplier value. USDIndex uses 50.14348112. If you do not want to add this value, set it to 1.
  • Number of symbols - number of symbols you want to use. If you want to display index with 5 symbols, set to 5. Symbols 1, 2, 3, 4, 5 will be used.
  • Symbol 1,2,3.. - name of a symbol. Name should be exact as your broker's with prefix and suffix. For example, USDJPYz.
  • Symbol 1,2,3.. Percentage - symbol power. If 100, the price of a symbol is not changed. If 50, a price of a symbol is halfed.
  • Symbol1,2,3.. Currency - currency to be used. If you want to use USD from EURUSD, set to Profit Currency. A symbol will be changed to USDEUR.


Few examples of settings

We want to display JPYUSD as M15 candlestick chart.

Inputs:

  • Chart Type - Candle
  • Use Timeframe - 15 Minutes
  • Index Base - 1.0
  • Number of symbols - 1
  • Symbol 1 - "USDJPY";
  • Symbol 1 Percentage - 100;
  • Symbol 1 Currency - Profit Currency

We want to display strength of USD to JPY and EUR on CandleStick chart on the current timeframe.

Inputs:

  • Chart Type - Candle
  • Use Timeframe - Current
  • Index Base - 1.0
  • Number of symbols - 2
  • Symbol 1 - "EURUSD.";
  • Symbol 1 Percentage - 50;
  • Symbol 1 Currency - Profit Currency
  • Symbol 2 - "USDJPY.";
  • Symbol 2 Percentage - 50;
  • Symbol 2 Currency - Base Currency

I will add few templates in the Comments section.

These are only examples. You can create unlimited combinations. It is only up to you.

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