Hello Amdudus,amdudus wrote: ↑Fri May 25, 2018 5:51 pmFor the project participants.
Current Ratio is a convenient tool for analyzing the ratio of short and long positions of traders. Convenience is that there are collected data from different brokers in one place and you do not need to browse multiple sites in search of this information. The broker's weight not only participates in the sorting of brokers, but also in the calculation of the average value. Currencies by weight are sorted according to the value of open interest for the selected currency pair. The average value is only for specific currencies. The average value for all currencies in a particular broker is not calculated, because it does not make any sense.
Current Ratio is the percentage of purchases and sales at the moment. Indicators of the instrument should be interpreted as follows: if the majority buys, we should sell, and vice versa, if everyone sells, we should buy.
USDX displays the ratio of positions on the dollar index. The indicator is synthetic, that is, the data are calculated on the basis of the ratio of positions for index currency pairs. If the dollar index is dominated by purchases, then we should buy pairs in which XXX / USD and sell the pair where the dollar is at the first position - USD / XXX.
Thank you very much for the very useful and informative information.
What do you mean by USDX or is it CFD USDIndex on MT 4?