Description
DXY Valuation Zones 1.0 BT shows a clean DXY-relative valuation line for your chart symbol and highlights two simple context areas: an Over Zone and an Under Zone.
It’s built as a Daily (D1) context filter — no clutter, just clear zones + a configurable ±Threshold level.
All zone colors use the native cTrader color picker, so you can control transparency directly via the opacity slider inside the palette.
Recommended Use (Best on Daily)
This indicator works best on USD-related pairs, because DXY represents broad USD strength.
Examples:
- XXXUSD: EURUSD, GBPUSD, AUDUSD, NZDUSD
- USDXXX: USDJPY, USDCAD, USDCHF
Quick Start (recommended defaults)
- Timeframe: Daily (D1)
- Over Zone: +70 … +100
- Under Zone: -70 … -100
- Threshold: ±75 (adjustable)
- DXY Symbol:
DXY.cash(or your broker’s DXY name)
How it works (simple)
- Calculates ROC (percent change) for your chart symbol
- Calculates the same ROC for DXY
- Uses the difference (Symbol ROC – DXY ROC)
- Rescales the result into a stable -100 … +100 range
How to read it
- Valuation > +Threshold → stretched / “Over” context
- Valuation < -Threshold → stretched / “Under” context
- In-between → neutral context
Use it as a bias & location filter, not as a standalone entry signal.
Important (Broker requirement)
This indicator requires a broker-provided DXY symbol (example: DXY.cash).
✅ Tested on FTMO (availability and naming may vary by broker feed).
If your broker uses a different name, just change the DXY Symbol pa
Summary
This tool is optimized for USD-related currency pairs, such as EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCAD, and USDCHF, reflecting broad USD strength via the DXY. Zone colors are customizable using the native cTrader color picker, including transparency adjustments.
Traders can interpret values above the positive threshold as an "Over" or stretched context, values below the negative threshold as an "Under" context, and values in between as neutral. The indicator serves as a bias and location filter rather than a standalone entry signal. It requires a broker-provided DXY symbol (e.g., DXY.cash) to function properly.
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