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Post From: Help Creating a 4 Currency USD Index

[2021-05-09 23:25:13]
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Alberto Gauer - Posts: 121
@tomgilb

Thanks Tom, I have been experimenting with different formula combinations and so far the one I like the most is the:

{EURUSD}*{GBPUSD}*{AUDUSD}*-1*{USDJPY}

I compared the above with {EURUSD}*{GBPUSD}*{AUDUSD}*(-1*{USDJPY}) and the chart looks exactly the same, but I prefer the volume of the above "looks better" to me for VSA analysis.

I also tried {EURUSD}+{GBPUSD}+{AUDUSD}+{1/USDJPY}/4 but "did not like" the chart and volume compared with {EURUSD}*{GBPUSD}*{AUDUSD}*-1*{USDJPY}

Out of curiosity why shouldn´t I use -1* instead of 1/ ??