Performance_Index – indicator MetaTrader 5

The Performance Index (PI) is used in technical analysis for comparing a symbol’s price trend with the general trend of the benchmark index.

The ratio of indices of two instruments (the current and the one selected in inputs) is shown in a separate window. The indicator has four input parameters:

  • Period – calculation period;
  • Method – calculation method;
  • Applied price – the calculation price;
  • Instrument – the benchmark instrument.

Fig.1. GBPUSD Performance Index

Fig.1. GBPUSD Performance Index

Fig.2. USDJPY Performance Index

Fig.2. USDJPY Performance Index


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