USDx Chart MT4

Indicator "USDx Chart MT4" builds standalone graph instead of the usual bars and candles drawn dollar index. That is, the indicator "USDx Chart MT4" plots the USDX artificial character.

For dollar index calculation formula is taken for the data symbols "EURUSD", "GBPUSD", "USDCHF", "USDJPY", "AUDUSD", "USDCAD" and "NZDUSD". The formula for calculating the dollar index:

(100 * MathPow (OHLS_EURUSD.ohls_open [i], 0.125) + 100 * MathPow (OHLS_GBPUSD.ohls_open [i], 0.125) +
                 100 * MathPow (OHLS_USDCHF.ohls_open [i], 0.125) + 100 * MathPow (OHLS_USDJPY.ohls_open [i], 0.125) +
                 100 * MathPow (OHLS_AUDUSD.ohls_open [i], 0.125) + 100 * MathPow (OHLS_USDCAD.ohls_open [i], 0.125) +
                 100 * MathPow (OHLS_NZDUSD.ohls_open [i], 0.125)) / 8.0;

Using the dollar index implies consideration D1 schedule, so the dollar index graph is built once - on the basis of stories and not be updated online.

More details about the construction of the dollar index chart can be read in the article How to write for the market indicator of any non-standard schedules.