OPEN-SOURCE SCRIPT
Updated Fiat Currency and Gold Indices (FGXY) Candles
A modification of my previous indicator "Crypto Index (DXY) Candles". The idea was to create a similar currency basket to the standard DXY, but from the perspective of other currencies. Still using the standard DXY weights, this indicator allows you to create a tailored index for other currencies, provided that a currency pair exists for each of the 6 components. This means that even currencies that aren't included should work in theory; just find the 3 character currency prefix used by tradingview and give it a shot! This indicator is useful for gauging how well countries/currencies are holding up and when paired with the standard DXY may help see potential inflection points. For use on longer time frames (~1h-~3d) as some of the data being pulled seems to have issues on lower timeframes.
Release Notes
Fixed issue with XAU pairs not being paired up properlyRelease Notes
fix chartRelease Notes
Formatting, Cleaned up codeOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.