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BBDXY-9 (SAXO) - riseofatrader

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📊 BBDXY-9 (SAXO) – riseofatrader Dollar Strength Index

The BBDXY-9 is a custom, geometrically weighted U.S. Dollar Index, inspired by the Bloomberg Dollar Spot Index (BBDXY) — but redesigned for modern markets and real-world global exposure.
Unlike the outdated DXY (which only includes six mainly European currencies), the BBDXY-9 is built from a diverse basket of nine major and emerging FX pairs, calculated using Bloomberg-style geometric weighting:

EURUSD (inv) – 29.45%
USDJPY – 12.59%
USDCAD – 11.52%
GBPUSD (inv) – 10.17%
USDMXN – 9.39%
USDCNH – 6.98%
USDCHF – 4.70%
AUDUSD (inv) – 4.37%
USDSGD – 2.78%


Each candle represents the true, weighted price movement of the USD across these global pairs — not just Europe.
The index is rebased to 100 at a selected reference date (e.g., Dec 31 2019), providing a clean, scalable, and visually precise representation of dollar strength across all timeframes (1m → 12M).

💡 Why It’s Better Than the DXY

Modern and globally diversified:
Includes Asian and emerging-market currencies (CNH, MXN, SGD) for a more realistic reflection of global USD flows.

Geometric calculation (Bloomberg standard):
Measures proportional price changes more accurately, avoiding the distortions of the arithmetic DXY model.

True OHLC candles:
Not a line indicator — the BBDXY-9 generates full candlestick data (Open, High, Low, Close) so you can apply price action, SMC, or liquidity-based analysis directly on the chart.

Fully customizable:
Adjust the base date, weighting, data feed (SAXO, OANDA, FXCM), and visual styling to fit your analysis framework.

⚙️ Technical Features

Daily-close rebasing at any chosen date (default: Dec 31 2019)

Works consistently across all timeframes (1m → 12M)

Geometrically weighted OHLC construction

Optional rebased arithmetic comparison line

Custom up/down candle colors, transparency, and styling

✨ Tagline (Short Version for TV Listing)

A modern, candle-based Dollar Index — broader, more accurate, and globally balanced than the DXY.
Built for traders who want to measure true USD strength across the entire FX landscape.

Created by riseofatrader.

Haftungsausschluss

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