OPEN-SOURCE SCRIPT
已更新

Currency Strength

17 646
Republished: The original script violated house rules by including an external link to Backtest Rookies.

Background

The currency strength indicator takes up to 4 forex pairs and calculates the average strength across all pairs. The indicator uses the pair's daily percentage change to calculate the overall strength. For flexibility, it can accept any instrument as an input. This means you can use multiple instances to track various currency strengths. It was designed with the major pairs in mind but there is no reason why it cannot be used for other FX pairs.

Note: The indicator defaults to GBP. When setting it up for other currencies, be sure to flag whether the currency is a counter currency or not.

The code is provided free and open source. Please modify it as you see fit.

Screenshots

Defaults with Annotation

快照

Yen strength beating pound strength

快照

Opposing Trends

快照
版本注释
Bugfix

Fix for NA values that recently started to appear.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。