{"id":5216,"date":"2021-03-09T09:10:44","date_gmt":"2021-03-09T09:10:44","guid":{"rendered":"https:\/\/joapen.com\/blog\/?p=5216"},"modified":"2021-03-09T09:21:12","modified_gmt":"2021-03-09T09:21:12","slug":"alternative-currency","status":"publish","type":"post","link":"https:\/\/joapen.com\/blog\/2021\/03\/09\/alternative-currency\/","title":{"rendered":"Alternative currency"},"content":{"rendered":"

Some people have their investments in local currency banks and they are affected by eschange rate. The usual case is people buying US stocks in Euros, and they want to understand the impact of currency exchange on their portofolio.<\/p>\n

I have not found any code that does it so I created one.<\/p>\n

Configure it<\/h1>\n

Pick the original and target currency:<\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n

The code<\/h1>\n
\/\/ This source code is subject to the terms of the Mozilla Public License 2.0 at https:\/\/mozilla.org\/MPL\/2.0\/\r\n\/\/ \u00a9 joapen\r\n\r\n\/\/@version=4\r\nstudy(\"PROD Currency Exchange\",\"Currency-Xchange\",overlay=true)\r\n\r\nOriginalCurrency = input('USD')\r\nTargetCurrency = input ('EUR')\r\n\r\n\/\/currency-exchange\r\nexchange = security(OriginalCurrency + TargetCurrency,timeframe.period,close) \/\/Retrieves last close of the exchange\r\nAlternativeValue = close * exchange \/\/Converts value into the target currency\r\n\/\/output\r\nplot(AlternativeValue)<\/pre>\n
An example<\/h1>\n
\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Some people have their investments in local currency banks and they are affected by eschange rate. The usual case is people buying US stocks in Euros, and they want to understand the impact of currency exchange on their portofolio. I have not found any code that does it so I created one. Configure it Pick … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[105],"tags":[],"class_list":["post-5216","post","type-post","status-publish","format-standard","hentry","category-trading"],"yoast_head":"\nAlternative currency -<\/title>\n<meta name=\"description\" content=\"Some people have their investments in local currency banks and they are affected by eschange rate. 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