FXCM Forex Trading

US Dollar Index [Upd May, 05]

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Re: US Dollar Index [Upd May, 05]

Postby rtsayers » Fri Jul 19, 2013 12:31 pm

I wanted to know if it possible to reverse existing chart pairs with normal feeds instead of the high and low calculations especially for USdollar feed also to be able to use existing indicators and such.

Thanks very much!
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Re: US Dollar Index [Upd May, 05]

Postby Apprentice » Sat Jul 20, 2013 9:38 am

I'm not sure whether I understand you.
Non Bar version is available on the topmost post.
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Re: US Dollar Index [Upd May, 05]

Postby Tahomahome » Mon Aug 05, 2013 4:27 pm

Is it possible to make this with a current price line?
The ability to add other indicator such as pivots on to the chart?
Also candle version and different time frames? Tic to Daily?

Cheers!
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Re: US Dollar Index [Upd May, 05]

Postby james1 » Mon Jun 16, 2014 10:26 pm

The accuracy of a simulated currency index or basket should increase when it is modelled on percentage of traded volumes of currency pairs, see here: http://www.bis.org/publ/rpfx13fx.pdf, pp 5, 10 and 11. Ideally this index would be dynamic and change as the percentage of traded volumes changed, however that depends on how available that information is and there does not to be a live source of such data. Using the example of FXCM's currency baskets on Mirror Trader (http://www.forextrading.com.au/products ... y-baskets/), rather than distributing equally trading volumes, it would be better to weight the trading volumes. As a more specific example, with the US currency basket at the moment if you invested 1 lot per trade it would invest 1 lot for each currency pair (EURUSD, USDJPY, GBPUSD, AUDUSD). Going by the results in the 2013 Triennial Bank Survey on p 10-11, t seems like it would be more accurate to invest 24.1% in the euro, 18.3% in the gofer, 8.8% in the cable, 6.8% in the Aussie, 3.7% in the Loonie, 3.4% in the USD/CHF and so on. The more currency pairs used, the greater the diversification of the portfolio, the lower the risk and so there should be higher risk-adjusted returns.
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Re: US Dollar Index [Upd May, 05]

Postby Apprentice » Tue Jun 17, 2014 12:29 pm

For Tick Time Frame Version Added.
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Re: US Dollar Index [Upd May, 05]

Postby Apprentice » Fri Jan 27, 2017 4:10 am

Indicator was revised and updated.
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