HI, @Simplex, thanks for the indicator, to a non-coder like me, reading your code is a real pleasure.  
It took me a while to understand how it works but it is now clear and greatly configurable thanks to the various options.

Suggestions and recommendations:

– Tested on a 1 minute chart, the indicator actually not refresh on …[Read more]

HI, @Simplex, thanks for the indicator, to a non-coder like me, reading your code is a real pleasure.  
It took me a while to understand how it works but it is now clear and greatly configurable thanks to the various options.

Suggestions and recommendations:

– Tested on a 1 minute chart, the indicator actually not refresh on …[Read more]

HI, @Simplex, thanks for the indicator, to a non-coder like me, reading your code is a real pleasure.  
It took me a while to understand how it works but it is now clear and greatly configurable thanks to the various options.

Suggestions and recommendations:

– Tested on a 1 minute chart, the indicator actually not refresh on …[Read more]

I thought I already explained and I think the same thing is saying @gg53

In a previous post I think that we agreed that we could put in the code any index or similar to evaluate the strength of currencies.
Ok now imagine that USDx do not exist, if instead of putting USDX,  as algorithm, put Apple, or DJ30, or US T-note , or SP500 index or Cr…[Read more]

Agree and ..

..agree again.
The ICE USD index is the most popular and the benchmark for US dollar. The DJ FXCM index is another index like many, my intention was not to use it as a reference, but to point out that ICE USD index and DJFXCM USD index are arbitrary in their composition and do not represent the true strength of USD but an…[Read more]

Agree and ..

..agree again.
The ICE USD index is the most popular and the benchmark for US dollar. The DJ FXCM index is another index like many, my intention was not to use it as a reference, but to point out that ICE USD index and DJFXCM USD index are arbitrary in their composition and do not represent the true strength of USD but an…[Read more]

Agree and ..

..agree again.
The ICE USD index is the most popular and the benchmark for US dollar. The DJ FXCM index is another index like many, my intention was not to use it as a reference, but to point out that ICE USD index and DJFXCM USD index are arbitrary in their composition and do not represent the true strength of USD but an…[Read more]

Agree and ..

..agree again.
The ICE USD index is the most popular and the benchmark for US dollar. The DJ FXCM index is another index like many, my intention was not to use it as a reference, but to point out that ICE USD index and DJFXCM USD index are arbitrary in their composition and do not represent the true strength of USD but an…[Read more]

Agree… but …

… maybe simplex is doing something else…. if I understood his code (and I’m not so sure…), something like an external reference, something like gg53 is trying to do in other thread.
So, for absurd, instead of US dollar index basket you can use everything else, dow, sp500, apple… or another dollar index with di…[Read more]

Thanks simplex , testing right now.

Then these same doubts I had written in previous posts are not totally wrong …

Maybe it’s better if you link the source of your analysis so everyone can learn something… 

Maybe it’s better if you link the source of this analysis so everyone can learn something… 

Sorry but I can not visualize in my mind this concept, can you help me with a sketch?
Anyway maybe I can see something else more important, I don’t know,  I need to see it and see how it works. For example, perhaps , looking at your picture we could consider the rising angle between USD zero line and other currencies,  bigger angle, more stre…[Read more]

Absolutely correct. 
Thanks to the further clarification that allowed me to see with other eyes your indicators for a deeper understanding. I lost for a moment the big picture. So if I look at the percentages, the strongest should be EUR  and it seems correct if I look at EURNZD chart. Also noted  that the magenta diff is ( obvio…[Read more]

Absoutely correct. 
Thanks to the further clarification that allowed me to see with other eyes your indicators for a deeper understanding. I lost for a moment the big picture. So if I look at the percentages, the strongest should be EUR  and it seems correct if I look at EURNZD chart. Also noted  that the magenta diff is ( obviously but n…[Read more]

I wanted to tell you to do the same thing :)  As was done in fxcorrelator with the 20 moving average, that’s the zero line.

Forex is actually dollar centric (at least for now … then when we get the yuan will see …). So the idea of seeing other currencies dance around is not entirely wrong.

I wanted to tell you to do the same thing :)  As was done in fxcorrelator with the 20 moving average, that’s the zero line.

Forex is actually dollar centric (at least for now … then when we get the yuan will see …). So the idea of seeing other currencies dance around is not entirely wron

I wanted to tell you to do the same thing :)  As was done in fxcorrelator with the 20 moving average, that’s the zero line.

Thank you for the link at previosu post.

Well … I don’t know, I investigate some points and do more tests  but look at this chart. EURUSD on the  left, NZDUSD on the right, same short entry at 09:30 point, same exit at 13:00 same gain, about 48 pips. Same volatility same movement but looking at your 2 indicators seems that NZD to have had a…[Read more]