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PipTick Currency Index MT5

0.00

PipTick Currency Index is a really useful tool that displays any index of the eight major currencies. The indicator uses a unique calculation formula that displays the actual volume of the Forex market. In fact, this is a weighted average of the values of currency pairs, which form the intersection of the index currency. By default, the weight is based on the results of the BIS Triennial Central Bank Survey. In this regard, the trader can see the strength and weakness of each currency.

  • USDX-US Dollar Index
  • EURX-the euro index
  • GBPX-the British pound index
  • CHFX-Swiss Franc index
  • CADX-Canadian Dollar Index
  • JPYX-Japanese Yen Index
  • AUDX-Australian Dollar Index
  • NZDX-New Zealand Dollar Index

  • The indicator displays the indices of eight major currencies (USD, EUR, GBP, CHF, JPY, CAD, AUD, NZD)
  • A simple comparison of the strength and weakness of one currency
  • Works on all timeframes (M1, M5, M15, M30, H1, H4, D1, W1, MN)
  • The indicator is not redrawn
  • Ready for testing
  • Customizable parameters (color, line thickness, weight)
  • Very fast calculations
  • The indicator also works with prefixes and suffixes (EURUSD. m, EURUSD-pro…)
  • Designed for MT4 and MT5

[spoiler title=”Read More…”]

  • Currency_Index-Selection of the main currency for calculation. You can choose from the following options: USDX, EURX, GBPX, CHFX, CADX, JPYX, AUDX, NZDX
  • Chart_Type-Select the type of output to the chart. You can choose candlesticks or a line
  • Line_Thickness – The line thickness of the currency index
  • Label_Size – The size of the label of the main currency
  • Text_Size – The size of the labels of other currencies
  • Bars_Ago – The number of bars displayed by the indicator. If the Bars_Ago parameter is set to 0, all bars will be displayed on the chart
  • Weight_USD – The weight coefficient of USD
  • Weight_EUR – Weight coefficient EUR
  • Weight_GBP – The weight coefficient of GBP
  • Weight_CHF – The weight coefficient CHF
  • Weight_CAD – CAD weight factor
  • Weight_JPY – The weight coefficient of JPY
  • Weight_AUD – The weight coefficient of AUD
  • Weight_NZD – The weight coefficient of NZD
  • Color_USD – Color of the line and the USD label
  • Color_EUR – Color of the line and label EUR
  • Color_GBP – The color of the line and the GBP label
  • Color_CHF – The color of the line and the CHF label
  • Color_CAD – The color of the line and the CAD label
  • Color_JPY – The color of the line and the label of the JPY
  • Color_AUD – The color of the line and the AUD label
  • Color_NZD – The color of the line and the NZD label
  • UpBar_Color – The color of the up bar in the indicator
  • DownBar_Color – The color of the bar down in the indicator
  • PipTick CI Open – The opening price of the output bar of the indicator
  • PipTick CI Close – The closing price of the output bar of the indicator
  • PipTick CI Candle Up – Output of the indicator rendering. Not necessary for traders
  • PipTick CI Candle Down – Output of the indicator rendering. Not necessary for traders
  • PipTick CI Candle Eraser – Output of the indicator rendering. Not necessary for traders
  • PipTick CI Wick Up – Output of the indicator rendering. Not necessary for traders
  • PipTick CI Wick Down – Output of the indicator rendering. Not necessary for traders
  • PipTick CI Wick Eraser – Output of the indicator rendering. Not necessary for traders

    For more information, visit the PipTick Currency Index page.

    [/spoiler]

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