JPYX Indicator Videos

An introduction to the JPYX indicator for NinjaTrader

click-here-to-watch-videoThe JPYX indicator for NinjaTrader has been developed to help provide a view of the Japanese yen on an index, in much the same way as the US dollar and its equivalent index which is now a key part of the traders tools.

The JPYX provides a view of the Japanene yen against a basket of four currencies which are all equally weighted and include the EUR, the USD, the AUD and the NZD. Each has a weighting of 25% and the JPYX indicator then creates an index which can be applied to any chart in any timeframe.

The JPYX indicator for Ninjatrader in action

click-here-to-watch-videoIn this short video we explain how to apply the JPYX indicator to the NinjaTrader chart, as we take a close look at the indicator in action. Here we are using a 15 minute chart for the GBP/JPY, which is one of the trickiest currency pairs to trade, whether in the post market or the future market. However, with the JPYX indicator below, this then provides a clear view of where the Japanese yen is heading against a basket of four major currencies.