This script calculates a simple Ichimoku Score based on the signals documented here , with a few additions. Each of the score components can be individually weighted via the script inputs . The output is a plot of the normalized Ichimoku score, in the range of -100 to 100. This script has been heavily modified from 'Ichimoku Cloud Signal Score v2.0.0 '. ...
IGNORE PREVIOUS SCRIPT/POST (titled: "yuan normiz") If you like to look add symbols that are valued in China's Yuan and want to convert them to USD accurately then this is the perfect script for you. "I'm not sure if this script is for me. Does my setup apply here?" If either of these resemble your chart setup then this is for you: Example...
apply to symbols expressed/valued in Chinese Yuan to automatically divide the symbol by FX:USDCNH. For example, I like to apply OKCOIN:BTCCNY to my main BTCUSD chart to compare, but I'd like to have the value for BTCCNY converted to USD for each tick---whether USDCNY was 6.30 or 6.80. This is a very narrow use script designed to be applied on top of of symbols...
Hey all, I have been using this strategy for a while, just like my last script (XAG/USD Spread) this utilizes my 'holy grail' method of basket weighting (aka why the script is protected). This script just looks for periods of time when the euro is gaining against a basket of currencies and the USD is losing vs the basket (and vice versa) I use this script on...
Simple but effective don't pay $300 for an MT4 indicator when you can use this for free. Feel free to make it your own!
Power oscillator to discern what currency's are stronger/weaker.
The currency index represents the change in one currency by reference to all other foreign currencies. The index is calculated by taking the average of the variations in one currency by reference to the others. Represented in graphical form, it allows for easy visualization of the individual trends in each currency. The index of the currencies is a simple...