Hi, I’am have profit strategy, which called multi exchange. I’m calculate the exchange rate relative to all other currencies simultaneously!
For example EURUSD increased by 30 point, EURGBP increased by 5 point, EURAUD decreased by 15 point. This means that the EUR increased by (+30 + 5 - 15) = 20 points. Then I build a chart for each currency. Whether there are similar algorithms somewhere else?
Yes, they do exist.
Welcome aboard! I like the way you think out of the box for this one.
I’ve done some work related to what you are attempting to do;
Here
Here
Here
You can also check out the Mundo by Michael Duane Archer
You compare the waekest currency to the strongest one?
It’s possible to compare the waekest currency to the strongest, but it is very dangerous to buy the strongest against the waekest, because there is a possibility to buy at the highest point and sell at the lowest point.
I’m trying to buy at the lowest point and sell at the highest point.