BJF Cluster Indicator

A distinctive feature of cluster indicators is the requirement of both quotes for a specific group of currency pairs for performance. Indicators can work with one currency pair. However, in our opinion, it makes no sense from a practical point of view. One of the main advantages of the proposed indicator is its ability to analyze a large number of currency pairs, dividing them into separate currencies. The more currency pairs are analyzed, the more accurate the information we get.

For example EURUSD symbol. Indicator calculates market price for  EUR – EUR_Value, and market price for  USD – USD_Value, and draws difference as oscillator (EUR_Value – USD_Value)