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# Strength SPX500 EURUSD XAUUSD USOIL

204 4
```study("Strength SPX500 EURUSD XAUUSD USOIL", precision=3)
fast=input(5)
slow=input(15)
v1=security('SPX500/USOIL',period,close)
v2=security('SPX500/XAUUSD',period,close)
v3=security('SPX500/EURUSD',period,close)
v4=security('USOIL/EURUSD',period,close)
v5=security('XAUUSD/EURUSD',period,close)
v6=security('XAUUSD/USOIL',period,close)
SPX=(v1+v2+(v3))/3
EUR=((100-v3)+(100-v4)+(100-v5))/3
XAU=((100-v2)+(v5)+v6)/3
OIL=((100-v1)+(v4)+v6)/3
spx=tsi(SPX,fast,slow)
eur=tsi(EUR,fast,slow)
xau=tsi(XAU,fast,slow)
oil=tsi(OIL,fast,slow)
plot(spx,color=green,title='SPX500')
plot(eur,color=fuchsia,title='EURUSD')
plot(xau,color=orange,title='XAUUSD')
plot(oil,color=aqua,title='USOIL')
hline(0,title='midpoint')
hline(0.5,title='overbought')
hline(-0.5,title='oversell')```
Explain?
Kiggan
It's to find the best trade for the moment. If the indicator in the overbought zone, then sell it. So, and vice versa. It's simple!
Hi Gorbie.....Does it mean SPX is overbought , oil/gold neutral and EU oversold ? Does it work well with shorter time frames ? rgds
sk12722
Hey! It's working good on a daily, weekly and 4h as well. Find your best trade when the indicators placed on the extremes. If indicator into overbought zone on a daily (or weekly), then it should turning to downward.
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