Dollar Index Tracker offers a tool for traders to gauge the US Dollar's standing against a basket of major currencies directly alongside their trading charts. It displays USDX composed of six major pairs with EUR/USD having the most influence. Established in 1973 at a value of 100, it remains crucial for measuring dollar strength. The tracker executes the USDX formula in real time, enabling customization with moving averages to identify trends. Input settings allow adjustment of currency pairs and coefficients, offering strategic advantages such as detecting divergence and confirming trends. Multi-timeframe analysis can enhance alignment with dollar trends across various trading frames. It serves as a critical correlation filter, providing clarity on dollar momentum and guarding against false trading signals. Ensure all key currency pairs are listed in Mar...

👉 Read | Freelance | @mql5dev

#MQL4 #MT4 #USDX