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TIL Currency Strength Index

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Trading Indicator Lab’s Currency Strength Index for TradingView is a “multitool” of currency indices. It can calculate the strength index of major currencies namely:

- US Dollar (USD)
- Euro (EUR)
- British Pound (GBP)
- Swiss Franc (CHF)
- Japanese Yen (JPY)
- Canadian Dollar (CAD)
- Australian Dollar (AUD)
- New Zealand Dollar (NZD)

Instead of using traditional formulas for index such as the Dow Jones FXCM Dollar Index, the Currency Strength Index indicator uses a close formula that factors in all the 8 currencies to calculate a whole and accurate representation of each currency’s strength.

Inputs

- Currency – allows the user to select one of 8 currencies to calculate and display its strength index. Choices are USD, EUR, GBP, CHF, JPY, CAD, AUD, and NZD.
- Bullish Candle Color – sets the color of bullish candlesticks in the index
- Bearish Candle Color – sets the color of the bearish candlesticks in the index

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.