USDX Dollar Index

Hello, can you update the Indicator? I think it does not work yet? I get NAN

marekfx, I created an indicator derived on this.  May I post it and keep your copyright notice and add my own copyright notice? (I will make my additions CC0 license.)

My indicator:

• overlay by default
• option to inverse (very useful for gold and silver)
• Current USDX pinned to current gold price; scroll back to see relative bullishness/bearishness of current symbol.
• configurable amplitude magnification.  Uses exponent.  1.9 seems to match XAUUSD very closely.

Kitco has their "Did gold really go up $x.xx?", now I have my own indicator.  I was shocked how closely the price action follows the USDX most of the time.

Could I have some clarification on how the GetIndexByExactTime method works?  Im having trouble using this indicator in a robot (ie no method for Result)

Hi Timmi,

the weights and multipliers are taken from USDX contract specification as traded on the ICE. Weights were originally  calculated based on the trade volumes.

If you want to assign your own weights or add or remove constituents ensure that:

- sum of absolute values of weights add up to 1

- weight is negative when USD is the quote currency (as in GBPUSD)

_usdxIndex = new Index

            {

                Name = "USDX",

                Multiplier = 50.14348112,

                Constituents = new List<Constituent>

                {

                    //wieght is negative when USD is not the base currency (EURUSD and GBPUSD)

 

                    new Constituent("EURUSD", -0.576),

                    new Constituent("USDJPY", 0.136),

                    new Constituent("GBPUSD", -0.119),

                    new Constituent("USDCAD", 0.091),

                    new Constituent("USDSEK", 0.042),

                    new Constituent("USDCHF", 0.036)

                }

            };

 

            _eurxIndex = new Index

            {

                Name = "EURX",

                Multiplier = 34.38805726,

                Constituents = new List<Constituent>

                {

                    new Constituent("EURUSD", 0.3155),

                    new Constituent("EURJPY", 0.1891),

                    new Constituent("EURGBP", 0.3056),

                    new Constituent("EURSEK", 0.0785),

                    new Constituent("EURCHF", 0.1113)

                }

I would like to create my own, more extensive version, but am new at this. 

Could you please tell me how you determined these amounts? 

ie: the multipliers and the weighted amounts for each pair

thank you

it shows nothing after installing on cAlgo. Why? Lines dont show up.

Please use GetIndexByExactTime method instead of iterating all indexes. It will speed up your indicator.