Currency Strength Template

Category: momentum, market_structure

A relative strength currency basket template that aggregates price movements across all pairs involving a specific currency to determine its individual strength.

Formula

\text{Line}[pos] = \sum (\text{Price Change of Symbol}_i \times \text{Side}_i) \text{ where Side is 1 if target is Base, -1 if Quote}

Inputs

• Length (default: 20)
• Selected (default: USD)
• UseMajorsOnly (default: true)

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