OPEN-SOURCE SCRIPT

Index Meter

3 836
This is a currency index strength meter.

Plots Dollar index by default.
Switch between other indexes of the same pair you are trading.
Exotic pairs included.

This indicator helps you understand the broad dynamic strength of the currency as calculated from numerous other pairs as opposed to just the pair you are trading, giving you the advantage of anticipating a real turn in the market when other strength indicators are giving false turn signals.
You need a good understanding of trading with the help of indexes.
For those needing exotic pair indexes, this indicator will help you.

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