Usdx

Aquila Reale Gold/DXY Correlation v1.4 by giua64 🦅 Aquila Reale Gold/DXY Correlation — by giua64 WHAT IT DOES This indicator measures the rolling inverse correlation between Gold and the US Dollar in real time. Gold and the Dollar normally move in opposite directions — when that relationship holds, the Dollar is the driver and you can trust it. When the relationship breaks, something else is pushing Gold (real yields, safe-haven flows, fear). Spotting that break is the real edge. HOW TO READ IT The correlation is inverted so the chart is intuitive: Line HIGH and GREEN = strong inverse link (healthy). Gold and Dollar move opposite as they should. Line YELLOW = the link is weakening. Line LOW and RED (below zero) = the link is broken. Gold and Dollar are moving the same way — anomaly. Gold is running on its own, not on Dollar weakness. The midline (zero) is the key reference: above it the inverse relationship is still alive, below it the relationship has flipped. WHY USDX AND NOT DXY By default you can use any Dollar symbol in the input. I personally use USDX instead of TVC:DXY because USDX carries volume data, while the TVC Dollar index does not. Correlation is symmetrical (corr A,B = corr B,A), so you only need this indicator on ONE chart — Gold or Dollar, it reads the same link from either side. Using USDX simply lets you keep volume on the Dollar panel. SETTINGS Gold symbol and Dollar symbol: fully editable. Length mode: Auto (preset per timeframe) or Manual. Auto adapts the lookback to the chart TF: 5m=14, 15m=16, 30m=18, 1h=20, 4h=24. Healthy-link threshold: the level above which the inverse link is considered strong. Suggested sets — Scalping 0.4, Intraday 0.5, Swing 0.6. ALERTS Link BROKEN (correlation drops below threshold) Link RESTORED (correlation back above threshold) ANOMALY (correlation turns negative — moving together) DISCLAIMER This script is for educational and informational purposes only. It is not financial advice. Trading involves risk; always do your own analysis and manage your risk. 🦅 Royal Eagles — born to fly, born to dare! 🦅 Aquile Reali — Be Stable. Be Strong.

Indicator

Dollar Index (DXY) Candles [Loxx]Dollar Index (DXY) Candles is an educational/experimental indicator that attempts to recreate the Dollar Index DXY: TVC:DXY .This is useful so others traders can see how the DXY is calculated. The U.S. Dollar Index (USDX, DXY, DX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies. The index is maintained and published by ICE (Intercontinental Exchange, Inc.), with the name "U.S. Dollar Index" a registered trademark. It is a weighted geometric mean of the dollar's value relative to following select currencies: Euro (EUR), 57.6% weight. Japanese yen (JPY) 13.6% weight. Pound sterling (GBP), 11.9% weight. Canadian dollar (CAD), 9.1% weight. Swedish krona (SEK), 4.2% weight. Swiss franc (CHF) 3.6% weight. USDX = 50.14348112 × EURUSD^-0.576 × USDJPY^0.136 × GBPUSD^-0.119 × USDCAD^0.091 × USDSEK^0.042 × USDCHF^0.036 These candles won't match the ticker DXY dollar for dollar, but it comes very close. Either way, the general trend and volatility of this synthetic recreation is the same as the DXY. Read more here: en.wikipedia.org

Indicator

In-depth global business and economic analysis Comprehensive trading education and market insights