Gold Oscillator using SPX & DXY to measure the moving average cross of the 3.
Gold in Orange
DXY in Green
SPX in Blue
To use this indicator, you need to see the strength (Orange above the 50%) line, use your own configurations and settings for the two MA's as a cross.
The idea is not to enter trades but to know when either SPX or/and DXY is getting stronger...
Working on the basis of a currency strength index - expresses the index value of a currency. For economists, it is often calculated as purchasing power. while for financial traders, it can be described as an indicator, reflecting many factors related to the currency; for example, fundamental data, overall economic performance or in Crypto terms the strength of the...
