Oscar118

Sintetic Index Creation (USD, CAD, EUR)

To be able to have access to my script please get in contact with me, is for free and IF you ask you will have access and also I will send a document with more information about the mathematic methodology (Is only in Spanish)

In the chart the first one is an USD index, the second a CAD index and the last is the EUR index

This script uses information of the following pairs to create an Index:

("FX:EURCAD"), ("FX:GBPCAD"), ("FX:NZDCAD"), ("FX:AUDCAD"), ("FX:USDCAD") // CAD
("FX:USDCAD"), ("FX:USDJPY"), ("FX:USDCHF"), ("FX:USDMXN"), ("FX:USDSEK") // USD
("FX:EURNZD"), ("FX:EURGBP"),("FX:EURJPY"), ("FX:EURCHF"), ("FX:EURUSD") // EUR

The mathematic methodology is private, but it uses percentile changes to be calculated
This indexes offer a way to:
+ Analyze macroeconomic variables in the exchange rate of a determinate economy
+ Measure changes in an economy without being compared with another as the Forex pairs do
+ The script have an input option were 1 creates an USD index, 2 creates a CAD index and 3 creates an EUR index
+ White color means it goes up while red means it goes down
+ The script works perfectly with all the time frames

Because of all the data used to be calculated this script normally compile after 20-30 seconds, the index is created as candles but is important to say that it only represent the open and close values because plot the high and low values is very hard and the script could use 3 or 4 times more to compile as it could have errors in calculation too

I thought a lot about it and I did a lot of tests, Technical Indicators don’t work on this index, this index were created and published for users who have more interest in the Fundamental analysis
Script solo mediante invitación

El acceso a este script está restringido a los usuarios autorizados por el autor y, por regla general, es de pago. Puede añadirlo a sus favoritos, pero solo podrá usarlo si solicita permiso al autor y éste le autoriza. Póngase en contacto con Oscar118 para obtener más información o siga las siguientes instrucciones del autor.

TradingView sugiere que no utilice ni pague un script si no confía totalmente en su autor o cuando no comprenda su funcionamiento. En muchos casos, puede encontrar una buena alternativa de código abierto de forma gratuita en nuestra Biblioteca pública.

¿Quiere utilizar este script en un gráfico?

Advertencia: Por favor, consulte antes de solicitar acceso.

Comentarios

Hello, can i please have access to the indexes? Thanks.
Responder
Could you please let me use your indicator. Thanks.
Responder