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Simple USD Pressure
Simple USD Pressure
Simple USD Pressure is a market pressure and directional regime indicator designed to measure broad U.S. Dollar strength and weakness by analyzing multiple USD-related instruments simultaneously.
Rather than relying on a single source such as DXY alone, this indicator evaluates the directional alignment of major USD currency pairs and can optionally incorporate additional confirming instruments including DXY, Gold, US10Y yields, and SPX risk sentiment to build a broader view of USD behavior.
The goal is to provide a cleaner view of underlying dollar pressure and identify shifts in overall market conditions that may influence Forex pairs, indices, commodities, and risk assets.
Features:
• Multi-pair USD pressure analysis
• Uses major USD pairs including:
EURUSD
GBPUSD
AUDUSD
NZDUSD
USDJPY
USDCHF
USDCAD
• Optional confirmation instruments:
DXY
Gold
US10Y
SPX
• Composite USD scoring system
• Customizable calculation timeframe
• Optional "Wait Until Bar Close" confirmation logic
• Adjustable trend thresholds
• Market regime detection:
USD Strong
USD Weak
USD Mixed
• Visual background highlighting
• Regime transition markers
• Summary table including:
Bull pair votes
Bear pair votes
USD pressure score
Confirmation score
Composite score
Current regime
Alerts Included:
• USD Strong Shift
• USD Weak Shift
• USD Mixed Shift
• Active USD Strong
• Active USD Weak
• Active USD Mixed
Potential use cases:
• Gauge broad USD strength or weakness
• Add directional bias to Forex trades
• Confirm risk-on or risk-off environments
• Identify changes in market conditions
• Use as a higher-level market filter
• Add confluence to existing systems
Interpretation:
USD Strong
Broad alignment suggests stronger dollar participation across selected instruments
USD Weak
Broad alignment suggests weaker dollar participation across selected instruments
USD Mixed
Signals are relatively balanced and directional pressure may be less defined
About TrendGenY Indicators
TrendGenY indicators are built from market experience, creative concepts, and a constant pursuit of unique perspectives. Rather than following conventional ideas, the focus is on uncovering alternative insights and viewing market behavior through different angles to reveal information that traditional tools may overlook and help traders build a more meaningful edge in the market.
Simple USD Pressure is a market pressure and directional regime indicator designed to measure broad U.S. Dollar strength and weakness by analyzing multiple USD-related instruments simultaneously.
Rather than relying on a single source such as DXY alone, this indicator evaluates the directional alignment of major USD currency pairs and can optionally incorporate additional confirming instruments including DXY, Gold, US10Y yields, and SPX risk sentiment to build a broader view of USD behavior.
The goal is to provide a cleaner view of underlying dollar pressure and identify shifts in overall market conditions that may influence Forex pairs, indices, commodities, and risk assets.
Features:
• Multi-pair USD pressure analysis
• Uses major USD pairs including:
EURUSD
GBPUSD
AUDUSD
NZDUSD
USDJPY
USDCHF
USDCAD
• Optional confirmation instruments:
DXY
Gold
US10Y
SPX
• Composite USD scoring system
• Customizable calculation timeframe
• Optional "Wait Until Bar Close" confirmation logic
• Adjustable trend thresholds
• Market regime detection:
USD Strong
USD Weak
USD Mixed
• Visual background highlighting
• Regime transition markers
• Summary table including:
Bull pair votes
Bear pair votes
USD pressure score
Confirmation score
Composite score
Current regime
Alerts Included:
• USD Strong Shift
• USD Weak Shift
• USD Mixed Shift
• Active USD Strong
• Active USD Weak
• Active USD Mixed
Potential use cases:
• Gauge broad USD strength or weakness
• Add directional bias to Forex trades
• Confirm risk-on or risk-off environments
• Identify changes in market conditions
• Use as a higher-level market filter
• Add confluence to existing systems
Interpretation:
USD Strong
Broad alignment suggests stronger dollar participation across selected instruments
USD Weak
Broad alignment suggests weaker dollar participation across selected instruments
USD Mixed
Signals are relatively balanced and directional pressure may be less defined
About TrendGenY Indicators
TrendGenY indicators are built from market experience, creative concepts, and a constant pursuit of unique perspectives. Rather than following conventional ideas, the focus is on uncovering alternative insights and viewing market behavior through different angles to reveal information that traditional tools may overlook and help traders build a more meaningful edge in the market.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.