OPEN-SOURCE SCRIPT
Currency Index Indicator
The currency index represents the change in one currency by reference to all other
foreign currencies. The index is calculated by taking the average of the variations
in one currency by reference to the others. Represented in graphical form, it allows
for easy visualization of the individual trends in each currency.
The index of the currencies is a simple arithmetic average of the variation in each pair.
For each index, to have fixed the value 100 on 1 January 2000.
foreign currencies. The index is calculated by taking the average of the variations
in one currency by reference to the others. Represented in graphical form, it allows
for easy visualization of the individual trends in each currency.
The index of the currencies is a simple arithmetic average of the variation in each pair.
For each index, to have fixed the value 100 on 1 January 2000.
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.
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.