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rollas
20. Nov. 2016 11:58

Ro FX:AUDUSD Strength Index 

FX:AUDUSD1D
Australian Dollar/U.S. DollarFXCM

Beschreibung

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Forex AUDUSD Strength Index is calculated by the major exports of Australia, those are iron,coal,natural gas,gold,oil,copper and wheat. As Australia economy relies on resources more than product and services, rate of change at export prices can give good information about the currency strength. The influence factor of each export type is determined by OEC Australia Export Reports.
AUDUSDForexFundamental Analysis
Kommentare
AleksanderThor
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Hey Rollas, Nice script! Is it possible for me to see how you coded it? I'm interested in building something similar

Thanks,

Aleksander
rollas
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roPriceSteel1 = security("NYMEX:TR1!", "D", close)
roPriceSteel2 = security("NYMEX:TR2!", "D", close)
roPriceSteel = (roPriceSteel1 + roPriceSteel2) / 2
roPriceCoal = security("INDEX:DSCL", "D", close)
roPriceNaturalGas = security("FX:NGAS", "D", close)
roPriceOil = security("NYMEX:CL1!", "D", close)
roPriceGold = security("FX_IDC:XAUUSD", "D", close)
roPriceCopper = security("FX:COPPER", "D", close)
roPriceWheat = security("OANDA:WHEATUSD", "D", close)
roPriceUSD = security("TVC:DXY", "D", close)

roAUDStrength = (roc(roPriceSteel,100) / 4) + (roc(roPriceCoal,100) / 6.5) + (roc(roPriceNaturalGas,100) / 15) + (roc(roPriceGold,100) / 15) + (roc(roPriceOil,100) / 27) + (roc(roPriceWheat,100) / 41.5) - (roc(roPriceUSD,100) / 2.5)

plot(roAUDStrength)
AleksanderThor
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@rollas, Thanks!
rollas
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@AleksanderThor, My pleasure :)
djww11211
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@Coinvoke, hi did this work for you? I’m getting error messages . It’s a great idea for audusd trading
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