The US Dollar Index (USDX, DXY) is an essential tool for evaluating the US dollar's strength against six major global currencies. Its calculation uses a weighted geometric mean based on exchange rates: EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK, and USDCHF, with each currency assigned a specific weight. The historical base coefficient involved is 50.14348112. This service provides a synthetic instrument, USDX.synthetic, that continuously updates by recalculating the index based on live currency quotes. It operates continuously, refreshing data every tenth of a millisecond, ensuring the dollar index always reflects current market conditions. Users benefit by being able to analyze the index chart within MetaTrader 5, applying it in indicators, and developing trading strategies that leverage the value of the US dollar. The service enhances the ability to assess dollar...
👉 Read | Calendar | @mql5dev
#MQL5 #MT5 #USD
👉 Read | Calendar | @mql5dev
#MQL5 #MT5 #USD
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