OPEN-SOURCE SCRIPT

CSI - Currency strength indicator RSI 10

8 608
This Indicator shows you the strength of the Currency in comparison for all other Main Currencys at the timeframe you choose.
The Currencys in this Indicator is: EUR, USD, GBP, CHF, AUD, CAD, JPY
The Base is the RSI (relative strength Indicator) with the following Currency pairs:

eurusd, eurgbp, euraud, eurjpy, eurcad, eurchf
usdeur, usdgbp, usdaud, usdjpy, usdcad, usdchf
gbpeur, gbpusd, gbpaud, gbpjpy, gbpcad, gbpchf
audeur, audusd, audgbp, audjpy, audcad, audchf
jpyeur, jpyusd, jpyaud, jpygbp, jpycad, jpychf
cadeur, cadusd, cadaud, cadgbp, cadjpy, cadchf
chfeur, chfusd, chfaud, chfgbp, chfjpy, chfcad

The letters in the LineChart:
EUR = E
USD = U
GBP = G
CHF = C
AUD = A
CAD = C
JPY = J

The CSI can help to see, if your trading pair have the potential to breakout on the support and resistance or if it more likely go back.
Some people say that the banks use this indicator.

NZD is missing there because Tradingview only support 6 variables.
If you have a solution for than, please let me know.

Thanks

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.