Currency Domination

This is the additional indicator to support FullHouse indicator. I called it DominanIndex indicator. It derived from FullHouse indicator, using the same method but presented in the different form. It's still little bit hard to measure the domination of the currency manually by looking at FullHouse indicator. That's why the DominanIndex indicator is going to work.

It calculate the index of strength for the single currency base on comparison between EUR, GBP, USD and JPY. Those currencies are variables in an equation. One at a time each variable must be solved and countered.

Signal :
+ve, currency is strong
-ve, currency is weak
The strongest index number is 6.

For example:
JPY strong --> base JPY pair Down (BEARISH)
JPY weak --> base JPY pair Up (BULLISH)
EUR strong --> quote EUR pair Up (BULLISH)
EUR weak --> quote EUR pair Down (BEARISH)

Download Link:
DominanIndex