Thing that might improve your trading (Currency Index)

Hello , so few weeks ago i got into analyzing currency indexes , i found a broker that provides offline currency indexes for people that don't know what it is - for example USD/all other currency price , EUR/all other currency price ,etc. You can get a better view of what is going on with a pair you will trade . Well for me it deffinetly helped A LOT .

http://www.forexfactory.com/showthread.php?t=334165

Might be of interest to you.

Thanks, interesting...

Here is a link that is offering curency indexes.
http://www.forexticket.co.uk/en/fore...c-index#glance

Unfortunately I couldn't find much use to it. Maybe I haven't done much thinking on it. I tried the obvious "Don't enter a pair that both currencies go to the same direction" but I am not so sure about the results.

I am also interested in trading forex indicies (or using them to make trading decisions). I have requested in the Tech Forum if anyone can help in creating a program/script or something that can allow us to create these indecies on MT4 based on the forex pairs data. Also if we give equal weighting (or can select weightings) of each currency then it eliminates the problems of changing weights over time etc.