USD index generally has an excellent inverse correlation to risk assets like stocks or commodities. Therefore, the index can be used as an awesome confirming indicator for trading decisions.
USD index is calculated based on the spot currency rates of 6 top input pairs. It updates realtime with every beat of the market.
Our indicator produces the same realtime value as CNBC. A very slight difference results from the use of different data feeds.
Please be informed that the indicator requires a significant loading time, because it adds the data from the 6 top input pairs. Testing with our preferred data feed Kinetick shows that the average time to load this indicator on a minute-based chart (5 days of data) is approximately 7-15 seconds. Please be patient!
Key features:
- Plot USD index to the highest accuracy
- Let you optionally smooth the plot with one of 9 popular moving-average types
- Colorize the plot based on its slope (rise or fall)
Compatibility:
- Instruments: futures, stocks, indices
- Interval types: timebased only (second, minute, day, week, month, year)
- Chart styles: whatever
- 25 Oct 2018 - The indicator was re-exported to be compatible with recent changes of the platform; the toolbar menu was removed.
- 02 Sep 2016 - Setting groups were reordered; the indicator was re-exported to be compatible with recent changes of the platform.
- 12 Aug 2016 - The indicator was released (converted from its NT7 version).
- 15 Oct 2014 - The indicator was released.
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