Versuss
- Indicators
- Ivan Stefanov
- Version: 1.0
Versuss is a special tool.
The indicator can create new tools for your analysis. You can compare any two instruments on your platform.
Example 1
If you are trading USDJPY, your analysis may also include SP500 and NIKKEI225.
With Versuss, you can compare how one index moves relative to the other and then compare this to the USDJPY pair.
If the forex market follows the movement of the indices, you can get a clear forecast of what is coming next and make decisions in advance.
You can apply the same approach to other forex pairs by using the corresponding indices for comparison.
Example 2
If your trading portfolio includes similar instruments, you can compare them to each other. This way, you will see which is in an uptrend and which is in a downtrend.
ADIDAS / NIKE
GOOGLE / MICROSOFT
GOLD / SILVER
Example 3
Comparison of forex crosses:
AUDNZD / EURGBP
EURJPY / NZDCAD
Example 4
This is quite an exotic example, aimed more at people involved in sociology and socionomics.
You can compare seemingly incomparable things, but they may give you useful insights of a different kind.
The phrase "bread and circuses" comes from the Latin "panem et circenses", which literally means "bread and games" or "bread and circuses." It is associated with criticism of Roman politicians who, in order to maintain public calm and popularity, provided people with basic needs (such as food) and entertainment (like gladiator fights), distracting them from important social and political issues.
In modern times, it could be interpreted like this:
CORN / NETFLIX
There is an optional moving average that can be used to facilitate your analysis. You can on/off in the indicator's settings.
