FULL DESCRIPTION
The Custom Plus+ Model is an advanced, extended version of the DXY framework, designed to go beyond the limitations of the traditional Dollar Index composition.
In addition to the standard DXY basket, this model introduces optional AUD and NZD components, allowing traders to expand the index structure and incorporate a broader representation of USD dynamics across global FX markets.
By default, the model is initialized with the original DXY weighting scheme, while AUD and NZD are disabled. However, through the built-in input system, users can activate and assign custom weights to these additional components, creating a more diversified and adaptive USD index.
This flexibility enables traders to move beyond the legacy DXY structure and build a more comprehensive, modern representation of Dollar strength tailored to their specific analytical framework.
IMPORTANT
This is NOT an indicator. This is a fully functional custom symbol.
You can find it directly in your platform under the Custom Symbols section and open it as a standard chart. It behaves exactly like any other tradable symbol.
Once opened, you can apply ALL indicators without restriction, including volume-based indicators such as VWAP, volume profile, and other advanced tools.
Unlike the official DXY index, which does not provide volume data, this model generates internal volume data. This allows volume-based indicators to function properly, unlocking a level of analysis not available on the standard index.
With its expanded basket structure, customizable inputs, and volume-enabled analytics, the Custom Plus+ Model represents a next-generation approach to USD index construction.
KEY FEATURES
Extended basket including optional AUD and NZD components
Default configuration based on original DXY weights
AUD and NZD disabled by default, fully controllable via inputs
Fully customizable weighting system
Fully functional custom symbol (not an indicator)
Opens directly as a standard chart in Custom Symbols
Supports ALL indicators, including VWAP and volume-based tools
Built-in synthetic volume data
Designed for advanced discretionary and quantitative strategies