TradingView
DevLucem
4 de Set de 2022 07:45

Relative Perfomance Index 

Euro / U.S. DollarFOREX.com

Descrição

Hello Traders.

Lets keep it simple..

  • 1. Take the major pairs that have USD in them and watch their change over a specific timeframe.
  • 2. Now lets sort these changes of each pair from the most positive to the most negative.

Good, I see you have some ideas already.

This is exactly what this indicator does. You will visualize the biggest change in pairs of the timeframe of your choice and from this you can decide on pairs that you want to trade.

Notas de Lançamento

Update tooltip to define importance of choosing your broker

Notas de Lançamento

X2 Better Usage

Configuration
1. Use the Index setting to use something else except USD
2. Select custom pairs from the settings

Customization
Text color will use your chart foreground color

Example Usage:
1. Index Crypto by selecting the index as USDT
2. and selecting all symbols with USDT in them

Notas de Lançamento

Reduced the calculation algorithm execution time by half

Updated to a more linear calculation. This also eliminates repeating symbols
Comentários
bunulu
Love the idea, made an overlay version with dynamic stocks and some extra features
DevLucem
@bunulu, See the next update.
bunulu
MaximusGains
Nice one thanks
Project_Money_Heist
It seems to be good for trade enter on 5min chart settings, as a signal validation..Great Job !
Achiever2020
What session is best to use it
kennairne
Great idea, but can you do one for crypto on Binance or Bybit?
DevLucem
@kennairne, Sure thing. Look Out for the next update
DevLucem
@kennairne, Check the update!
kennairne
@DevLucem, awesome. Thanks...
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