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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
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。