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QTF EUR INDEX

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QTF EUR Index — Description

The QTF EUR Index measures the overall strength of the Euro by averaging normalized performance across major EUR currency pairs.
Each pair is min-max normalized over a chosen lookback period, creating a clean, comparable EUR strength line.
The indicator includes adjustable pair selection, a 50-period SMA, and an optional label showing how many pairs are used.

Ideal for identifying EUR strength/weakness and improving directional bias when trading EUR-based forex pairs.

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