OPEN-SOURCE SCRIPT
Currency strength analyzer (EUR Version)
This script is for gauging the overall strength of a currency in the market, it's similar to an index, but it's calculated differently and allows for customization to some degree.
Due to pine script limitations It will be necessary to create one script per currency. This is the Euro version.
If anyone knows the exact category where this script belongs, feel free to tell me, I think it belongs somewhere between volatility and trend analysis.
Due to pine script limitations It will be necessary to create one script per currency. This is the Euro version.
If anyone knows the exact category where this script belongs, feel free to tell me, I think it belongs somewhere between volatility and trend analysis.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.