Currency Index Formula

[paul selvan]

Hello ,

I found in google USD Index formula :
usdx = usdeur ^ 0.576 x usdjpy ^ 0.136 x usdgby ^ 0.119 x usdcad ^ 0.091 x
usdsek ^ 0.042 x usdchf ^ 0.036 x 50.14348112

But the same for EUR Index ,GBP Index ,CAD Index ,JPY Index ,CHF Index ,AUD Index , NZD Index cantbe find 

I just want their mathematic formulas (for programming)

Can u give indications?

Tnx

[Carl Schreiber]

paulselvan:

Hello ,

I found in google USD Index formula :
usdx = usdeur ^ 0.576 x usdjpy ^ 0.136 x usdgby ^ 0.119 x usdcad ^ 0.091 x
usdsek ^ 0.042 x usdchf ^ 0.036 x 50.14348112

But the same for EUR Index ,GBP Index ,CAD Index ,JPY Index ,CHF Index ,AUD Index , NZD Index cantbe find 

I just want their mathematic formulas (for programming)

Can u give indications?

Tnx

As the weights for USD-index are based on the trade volume or the 'moved' money you can create your own index with weights based on the traded forex volumes.

[paul selvan]

tnx for your reply

you mean per ex EUR , there isnt only one formula for  ?

whats trade volume : where it can be find in mt4 plateform?

[Carl Schreiber]

paulselvan:

tnx for your reply

you mean per ex EUR , there isnt only one formula for  ?

whats trade volume : where it can be find in mt4 plateform?

You have to google for those numbers - I once have found them, but I couldn't remember.

Maybe you start from here?

[paul selvan]

very instructive

tnx 

[Philippe Houy]

paulselvan:

very instructive

tnx 

Hello 

i have the euro index formula

EURx = 34.38805726 x (EUR/USD)^(0,3155) x (EUR/GBP)^(0,3056) x (EUR/JPY)^(0,1891) x (EUR/CHF)^(0,1113) x (EUR/SEK)^(0,0785)

Regards

[paul selvan]

tnx for eur index

all others are not easy to find

----------------------------------

Many brokers give USDIndex in their plateform

So if i want for example CAD index , is this formula right  one :

CAD = USDindex /(usdcad)

the same for :

AUD = (audusd) * USDIndex

NZD = (nzdusd) * USDIndex

....

[Mehmet Bastem]

paulselvan:

Hello ,

I found in google USD Index formula :
usdx = usdeur ^ 0.576 x usdjpy ^ 0.136 x usdgby ^ 0.119 x usdcad ^ 0.091 x
usdsek ^ 0.042 x usdchf ^ 0.036 x 50.14348112

But the same for EUR Index ,GBP Index ,CAD Index ,JPY Index ,CHF Index ,AUD Index , NZD Index cantbe find 

I just want their mathematic formulas (for programming)

Can u give indications?

Tnx

https://www.mql5.com/en/charts/7390540/usdlfx-h1-liteforex-investments-limited

[William Roeder]

Mehmet Bastem: https://www.mql5.com/en/charts/7390540/usdlfx-h1-liteforex-investments-limited	Please use the link button (control-K.) for links See the difference: https://www.mql5.com/en/charts/7390540/usdlfx-h1-liteforex-investments-limited If OP isn't using your broker, what is the point of your image? A lot of brokers do not have indexes available.

[Mpendulo Chiliza]

paulselvan:

tnx for eur index

all others are not easy to find

----------------------------------

Many brokers give USDIndex in their plateform

So if i want for example CAD index , is this formula right  one :

CAD = USDindex /(usdcad)

the same for :

AUD = (audusd) * USDIndex

NZD = (nzdusd) * USDIndex

....

yes!

can you test if this is true:

(audusd) * USDx  =  AUDx  = (audeur) * Eurox

[paul selvan]

Mpendulo Chiliza:

yes!

can you test if this is true:

(audusd) * USDx  =  AUDx  = (audeur) * Eurox

Surely,

 AUDx  = (audusd) * USDx can be different of  AUDx  = (audeur) * Eurox 

But what's your point : i assume take in account the weight of   USDx and Eurox (and others currencies) in AUDx formula