The dollar index

USDx dollar index – indicator MetaTrader 5

by

USDX is an index which measures the dollar’s value against a basket of six basic currencies: Euro (EUR), Yen (JPY), Pound sterling (GBP), Canadian dollar (CAD), Swedish krona (SEK) and Swiss franc (CHF).

The index is calculated as a weighted geometric value of these currencies using the following formula:

USDx=50,14348112*USDEUR^0,576*USDJPY^0,136*USDGBP^0,119*USDCAD^0,091*USDSEK^0,042*USDCHF^0,036


where the power coefficients correspond to the weights of currencies in the basket:

  • Euro — 57,6 %;
  • Yen – 13.6%;
  • Pound Sterling – 11.9%;
  • Canadian dollar – 9.1%;
  • Swedish Krona – 4.2%;
  • Swiss franc – 3.6%;

The dollar index

Before using activate EURUSD, USDJPY ,GBPUSD, USDCAD, USDSEK, USDCHF symbols in market survey and load the history according to symbols data.


USDx dollar index – indicator MetaTrader 5
📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks
Alternative:   Wajdyss_Ichimoku_Candle_Alert - indicator MetaTrader 5

Similar MetaTrader Trading Tools: