100kiwi

CCY Relative Strength [USD]

100kiwi Updated   
This script provides an indication of the USD relative strength against other major currencies.
The strength is denoted by sma(roc(close, p1), p2). The USD value is always 0.

p1: SMA Period
p2: ROC Period

If you set the SMA Period to 1, it simply functions as the ROC.
Release Notes:
- Fix miscalculations
- I found an error in the above description. The p1 and the p2 are the other way around.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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