OPEN-SOURCE SCRIPT

Currency Strength Index by zdmre

Updated
Currency strength expresses the value of currency. For economists, it is often calculated as purchasing power, while for financial traders, it can be described as an indicator, reflecting many factors related to the currency; for example, fundamental data, overall economic performance (stability) or interest rates.

The method used in this indicator is its strength against the US Dollar (xxxUSD)

Currencies:
EUR
GBP
AUD
NZD
JPY
CNY
CAD
Your Symbol (Optionally) defval: TRYUSD


You can also optionally add a symbol. However, this unit must be in the form of xxxUSD
Release Notes
Changed % (days in table) calculation.
AUDUSDCADUSDcurrencystrengthEURUSDforexstrengthGBPUSDJPYUSDTrend AnalysisUSDTRY

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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