OPEN-SOURCE SCRIPT
更新済 Gotobi Teriyaki
USDJPY Anomaly.
This anomaly originated in Japan.
Buy from 2:00 pm Japan time.
Sell at 9:55 Japan time.
Japanese importers often settle payments to suppliers in dollars, and exchange yen for dollars on settlement days (days falling on a 5 or 10, so-called goto days).
Therefore, on goto days, there is sometimes a shortage of dollars held by financial institutions. This is called the "middle price shortage," and financial institutions purchase dollars through the foreign exchange market to resolve the middle price shortage.
As a result, the dollar currency is bought and USD/JPY depreciates against the yen. Since the yen has historically appreciated against the dollar, exporting companies make forward exchange contracts with financial institutions as a risk hedge.
Financial institutions are therefore forced to procure dollars in the market because they do not have enough dollars in their balance sheets to deliver to exporters.
Five days is called "GO" in Japanese.
Ten days is called "TO" in Japanese.
In Japanese, a day is called "BI".
Now I can eat teriyaki all day long :)
ドル円ゴトー日ストラテジーを作ってみました。
This anomaly originated in Japan.
Buy from 2:00 pm Japan time.
Sell at 9:55 Japan time.
Japanese importers often settle payments to suppliers in dollars, and exchange yen for dollars on settlement days (days falling on a 5 or 10, so-called goto days).
Therefore, on goto days, there is sometimes a shortage of dollars held by financial institutions. This is called the "middle price shortage," and financial institutions purchase dollars through the foreign exchange market to resolve the middle price shortage.
As a result, the dollar currency is bought and USD/JPY depreciates against the yen. Since the yen has historically appreciated against the dollar, exporting companies make forward exchange contracts with financial institutions as a risk hedge.
Financial institutions are therefore forced to procure dollars in the market because they do not have enough dollars in their balance sheets to deliver to exporters.
Five days is called "GO" in Japanese.
Ten days is called "TO" in Japanese.
In Japanese, a day is called "BI".
Now I can eat teriyaki all day long :)
ドル円ゴトー日ストラテジーを作ってみました。
リリースノート
delete day % 10 == 0オープンソーススクリプト
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免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。