Currency Strength as chart

I am wondering if someone has created an EA or Indicator or Script that would show the currency strength as a chart.

Basically I am looking for a chart for individual currencies. i.e. EUR, USD, JPY, GBP...etc etc.

Example: I would like to open a chart for "USD" This chart will show me candles just like any pairs and all TFs...i.e. M1, M5, M15, M30, H1, H4, D1, W1, M1...but it will show the movement only of "USD" the movement of USD is derived by adding other currencies (by defualt this could be other 7 currencies but would be nice to have an option to select what you want)

This could be a very powerful tool to give an idea about the strength of each currency.

https://www.mataf.net/en/forex/tools/currency-index

these currencies indices may be useful to you. you can get demo from liteforex.

Hi,
There are many different currency strength indicators in the forum.
To give you an idea just sharing screenshots of my version. I am experimenting on a different angle but concept is same.

Right chart shows only two currencies.
First currency is blue (EUR), second is red(USD), their difference is shown as histogram.

Left chart shows eight different currencies with below colors:
#property indicator_color1 clrBlue //USD
#property indicator_width1 5
#property indicator_color2 clrDeepSkyBlue //CAD
#property indicator_width2 3
#property indicator_color3 clrRed //EUR
#property indicator_width3 5
#property indicator_color4 clrMagenta //CHF
#property indicator_width4 2
#property indicator_color5 clrBlack //GBP
#property indicator_width5 3
#property indicator_color6 clrGreen //AUD
#property indicator_width6 4
#property indicator_color7 clrForestGreen //NZD
#property indicator_width7 2
#property indicator_color8 clrGold //JPY
#property indicator_width8 3

This is exactly what I was looking for. Thank you very much!

Does the broker allow to trade the currency index?
If not, what is the best way to trade a currency Index? 1 way would be to take 7 trades. If you want to go long on EUR..you would just take the 7 trades:
Buy: EURAUD,EURCAD,EURCHF,EURGBP,EURJPY,EURNZD,EURUSD

I was wondering if there was a easier way to trade any currencies Index?

Check this Basket Robots for MT4.

See if this helps,it will give all 7 pairs strength of base currency .i.e usd or jpy

Hi cekirge

Where can i get this indicator?