Simple USD Index Indicator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Solution: In case of error - timer activates Copy* and tests flag (error occurs).
Calculated based on closing price. If the index has been calculated and has not changed, it is not recalculated.
The calculation formula is taken from here
There is one input parameter: the number of bars used for calculation (==number of bars used for line mapping).
All pairs are asked to perform calculations. It doesn't make any difference where you start it. The currency pair for which the indicator is launched is displayed in the upper left corner (short) near the indicator name.
It is recommended to add synchronization and checking for practical use (especially on smaller (less than H1) timeframes). But that's another story.
Attachment download
📎 i_indexer_usd.mq5 (5.83 KB)
Source: MQL5 #1830
Simple U.S. Dollar Index Indicator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Simple U.S. Dollar Index Indicator - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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