Hi
I wrote a very basic indicator that shows relative value for 8 currencies:
USD EUR GBP JPY CHF CAD AUD NZD
It is calculated by taking appropriate crosses and counting their avarage price. The prices are weighted with 1000 ema so they could fit into the indicator window without much divergence between the real value. It is not a signal indicator but it works well as representation of money flows between currencies during various market themes.
I wrote a very basic indicator that shows relative value for 8 currencies:
USD EUR GBP JPY CHF CAD AUD NZD
It is calculated by taking appropriate crosses and counting their avarage price. The prices are weighted with 1000 ema so they could fit into the indicator window without much divergence between the real value. It is not a signal indicator but it works well as representation of money flows between currencies during various market themes.