Euro/Dollar Strength

Hey all,

I have been using this strategy for a while, just like my last script ( XAG/USD             Spread) this utilizes my 'holy grail' method of basket weighting (aka why the script is protected).

This script just looks for periods of time when the euro             is gaining against a basket of currencies and the USD is losing vs the basket (and vice versa)

I use this script on the 4H time frame; although I can make this script work for almost any currency pair and time frame I have the most success with EURUSD             4H.

I personally use 3 of these 'strength meters' in triangular arbitrage for EU UJ and EJ            

if I get good feedback and support I may publish the other 2 of the 'triangle' or even make a version that automatically detects the currency pair and adjusts settings accordingly.

Thanks for the feedback and support, hope this helps!

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Hi. you did make a masterpiece.
But doesn't it repainted?
420snoop tlzkrh1029
5 days ago
@tlzkrh1029, if you are having issues feel free to turn up the smoothing and mess with the resolution :) I personally never use this indicator /alone/ to trade. I have published other scripts (like demarker) that I use and I plan to continue publishing more I use when I trade
tlzkrh1029 PRO 420snoop
4 days ago
@420snoop, Thank you for replying me. hav a nice day :)
420snoop tlzkrh1029
4 days ago
@tlzkrh1029, you too watch the :moon: friend
Bago PRO
3 days ago
no source :(? does this script use DXY & EXY? and if so how do you accomplish this?
Entity PRO
3 days ago
Nice strategy, not sure if any repainting is occurring so I shall analyse it over the next few weeks.

Would you by any chance release to source code to analyse and so I could adjust the currency basket to others pairs?
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