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Currency Index Formula

  • #1
  • First Post: Jul 10, 2017 7:37am Jul 10, 2017 7:37am
<p></p>
I found USD Index formula :
usdx = usdeur ^ 0.576 x usdjpy ^ 0.136 x usdgby ^ 0.119 x usdcad ^ 0.091 x
usdsek ^ 0.042 x usdchf ^ 0.036 x 50.14348112

But the same for EUR Index ,GBP Index ,CAD Index ,JPY Index ,CHF Index ,AUD Index , NZD Index cantbe find even by google
Can u guve indications?
Tnx
  • #2
  • Jul 10, 2017 12:23pm Jul 10, 2017 12:23pm
Quoting paulselvan
I found USD Index formula : usdx = usdeur ^ 0.576 x usdjpy ^ 0.136 x usdgby ^ 0.119 x usdcad ^ 0.091 x usdsek ^ 0.042 x usdchf ^ 0.036 x 50.14348112 But the same for EUR Index ,GBP Index ,CAD Index ,JPY Index ,CHF Index ,AUD Index , NZD Index cantbe find even by google Can u guve indications? Tnx
If you are looking for those Currencies Index. I believe LiteForex has them.
Multiple SMA Trader
  • #3
  • Jul 10, 2017 1:35pm Jul 10, 2017 1:35pm
Quoting lechugas
{quote} If you are looking for those Currencies Index. I believe LiteForex has them.
I just want mathematic formulas (for programming)
If they write these explicitly please send me link
Tnx 4 ur reply
  • #4
  • Jul 10, 2017 1:49pm Jul 10, 2017 1:49pm
I don't know the weights but I hope this helps.
A Currency Index is basically a GBP basket or a JPY basket. Basket(Trading many currencies)
For GBP Basket( you are trading GBP pairs)
So, you can create one and see if it works.
This thread can create a basket with directional weights and someone tried recreating the USD basket of LiteForex and succeeded.
https://www.forexfactory.com/showthread.php?t=529896

In my opinion, the USD Index formula used above reacts to EURUSD changes more because it has 50% higher weight.
You can create a Index base on the weights you like using the thread above.
Multiple SMA Trader
  • #5
  • Nov 23, 2024 5:19pm Nov 23, 2024 5:19pm
Quoting paulselvan
<p></p> I found USD Index formula : usdx = usdeur ^ 0.576 x usdjpy ^ 0.136 x usdgby ^ 0.119 x usdcad ^ 0.091 x usdsek ^ 0.042 x usdchf ^ 0.036 x 50.14348112 But the same for EUR Index ,GBP Index ,CAD Index ,JPY Index ,CHF Index ,AUD Index , NZD Index cantbe find even by google Can u guve indications? Tnx
hey there, can you make a indicator on metatrader or tradingview to have a panel specificely for these currencies indexes? Tnx
  • #6
  • Last Post: Nov 23, 2024 5:23pm Nov 23, 2024 5:23pm
Quoting lechugas
{quote} If you are looking for those Currencies Index. I believe LiteForex has them.
hey, if you already have s account with them can you share a screenshot if the indexes they have got? Tnx
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