This script provides an indication of the USD relative strength against other major currencies. The strength is denoted by sma(roc(close, p1), p2). The USD value is always 0.
p1: SMA Period p2: ROC Period
If you set the SMA Period to 1, it simply functions as the ROC.
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- Fix miscalculations - I found an error in the above description. The p1 and the p2 are the other way around.