Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=2900
Forum: 17 · Topic 2900 · 12 post(s)
Alexander.Gettinger · Wed Dec 08, 2010 3:50 am
Indicator calculate synthetic symbol currency against a basket of currencies. For EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/SEK, USD/CHF with their weightes can be calculated US dollar index (viewtopic.php?f=17&t=609&p=4719).

Download:
The indicator was revised and updated
plastic_change · Mon Sep 12, 2011 8:39 pm
Hi,
I am new here, so first thanks your effort guys programming these indicators.
Would it be possible to modify this indicator to show candlestick chart?
thanks
Alexander.Gettinger · Thu Jul 12, 2012 4:35 pm
Synthetic symbol indicator with candlestick chart.
Download:
mjf1288 · Mon Nov 26, 2012 4:39 am
how do we figure out how the weights for any given basket? Don’t these weights have to be recalculated on a regular basis?
Apprentice · Wed Nov 28, 2012 4:00 am

No need for recalculation. Currency pairs and their weights are set by user.
mjf1288 · Wed Nov 28, 2012 6:19 pm
Apprentice wrote:
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No need for recalculation. Currency pairs and their weights are set by user.
right, I know the user sets the weights, but what I was asking was how the weights should be set. What basis are the weights for the basket set?
I think that if you are trying to hedge a synthetic symbol, the weights do need to be recalculated on a regular basis, due to the fact that the pairs in the basket may loose cointegration.
Apprentice · Thu Nov 29, 2012 4:05 am
Yes, I think that equal weight or one for all is the best choice for weights.
Himalaya · Tue May 21, 2013 2:14 am
I am able to download this file but when I try to import it I get an error. Am I doing something wrong?
Himalaya
Apprentice · Tue May 21, 2013 5:17 am
Bug is eliminated.
Himalaya · Tue May 21, 2013 9:35 am
Mnogo Hvala Apprentice
The FXCM brand is Greatly enhanced by yourself and the others performing the services that you are.
Himalaya
Himalaya · Wed Jul 24, 2013 6:24 pm
Apprentice,
Is there any way that this indicator could be made to plot in real time instead of lagging by 1 bar?
Thanks in advance, Himalaya
Apprentice · Thu Jun 01, 2017 10:41 am
Indicator was revised and updated.