Average rates

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Average rates

Postby speakinmymind » Wed Apr 25, 2018 3:38 pm

Could you create an indicator that averages the rates of the selected currency pairs?

The output could be a simple line, however a candle chart would be better.

Ideally, the user could chose anywhere from 2 to 30 pairs and this indicator will produce the historical average of the selected pairs.

Thanks!
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Re: Average rates

Postby speakinmymind » Thu Apr 26, 2018 5:49 am

Could you make an option for absolute (all rates added but no average.)

Thanks.
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Re: Average rates

Postby Apprentice » Fri Apr 27, 2018 4:46 am

Can you clarify?
You want an indicator to display moving averages for all selected currency pairs.
Can you give me an example of how Jpy pairs are presented on EUR / USD
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Re: Average rates

Postby speakinmymind » Sat Apr 28, 2018 9:34 pm

I basically am asking for the ability to create a custom index. To make this work correctly, we must also be given the option to use the reciprocal on each rate.

I want an equal weighted index, but I'm sure some would like to customize the weight of each pair.

I would like the absolute value of adding the selected pairs, and also an option to look at the average rate.
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Re: Average rates

Postby Apprentice » Mon Apr 30, 2018 4:12 pm

Your request is added to the development list under Id Number 4130
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