Linking indices to trade currency pairs

Avatar
  • updated
  • Completed

As of now, we are trading based on Identify Trend, TDI in default set for EURUSD.

In my opinion, we can trade better by linking our trades to movement of Dollar Index (DXY). Please look into the possibilities of adding the feature.

This will be really helpful in trading all the USD pairs including Gold(XAUUSD) and silver(XAGUSD).

Avatar
0
Chris
Quote from Andrey Khatimlianskyi

Ok, I'll add "Symbol" parameter for all signals that support it.

Will we be able to trade with multiple symbols?

Avatar
5
Andrey Khatimlianskyi
  • Planned (collecting votes)
Quote from Sai Pratap

Yes sir. Want to see if DXY is bullish, then use that as reverse signal for EURUSD etc.

Ok, I'll add "Symbol" parameter for all signals that support it.

Avatar
2
Andrey Khatimlianskyi
Quote from Sai Pratap

But cant we get it from third party sources like tradinview, investing.com, etc as they are freely available?

It can be done in MT5 by creating a custom symbols. But you need to find a tool for this.

For example, my Binance Quotes Updater creates crypto-symbols (that are not tradable directly from MT5, but available for analysis). 

Avatar
1
Sai Pratap
Quote from Andrey Khatimlianskyi

Sai, do you mean that you want to calculate a signal on one instrument (e.g. DXY) and use it to trade on another instrument (e.g. EURUSD)?

This can be done for most signals, I coded them this way from the beginning.

Yes sir. Want to see if DXY is bullish, then use that as reverse signal for EURUSD etc.

Avatar
0
Sai Pratap
Quote from Ulises Cune

Not all accounts have DXY, instead EUR/USD all have

But cant we get it from third party sources like tradinview, investing.com, etc as they are freely available?

Avatar
2
Andrey Khatimlianskyi
  • Under review

Sai, do you mean that you want to calculate a signal on one instrument (e.g. DXY) and use it to trade on another instrument (e.g. EURUSD)?

This can be done for most signals, I coded them this way from the beginning.

Avatar
0
Ulises Cune

Not all accounts have DXY, instead EUR/USD all have

Avatar
1
saber belghith

Agreed!