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Peso Pros DXY Strength Meter

This indicator is designed for the USDMXN trades that the Peso Pros take on the 15m chart using various strategies. The indicator compares the DXY (dollar index) and the USDMXN (peso) to provide a visual of the following:
A) the overall strength and direction (orange line) of the average of both the DXY and the USDMXN
B) red bars when the dollar is weaker and the USDMXN is dropping and both are below the moving average (exponential) and both have a percent change on the lower time frame from the higher time frame of at least 10%.
C) green bars when the dollar is stronger and the USDMXN is rising and both are above the moving average (exponential) and both have a percent change on the lower time frame from the higher time frame of at least 10%.
Can be helpful for added confirmation when combined with other confirmations and price action factors.
Happy trading Peso Pros
A) the overall strength and direction (orange line) of the average of both the DXY and the USDMXN
B) red bars when the dollar is weaker and the USDMXN is dropping and both are below the moving average (exponential) and both have a percent change on the lower time frame from the higher time frame of at least 10%.
C) green bars when the dollar is stronger and the USDMXN is rising and both are above the moving average (exponential) and both have a percent change on the lower time frame from the higher time frame of at least 10%.
Can be helpful for added confirmation when combined with other confirmations and price action factors.
Happy trading Peso Pros
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.