Asset in Every Fiat Currency

📌 Description

Asset in Every Fiat Currency is an indicator that expresses the value of any chosen asset across a basket of global fiat currencies.
It uses exchange rates to calculate a weighted aggregate signal, allowing you to see how the asset behaves when priced simultaneously in the world’s most important currencies.

⚖️ Key Features

Choose any asset (default: Gold).

Weighted by major global currencies (USD, EUR, JPY, GBP, CNY, etc.).

Fully customizable weights through user inputs.

Automatic normalization factor for consistent scaling.

🛠️ Use Cases

Compare an asset’s performance beyond the USD lens.

Detect global strength/weakness of an asset in a diversified fiat basket.

Explore alternative ways of viewing asset pricing.

⚠️ Disclaimer: This script is for educational purposes only. It does not constitute financial advice. Always do your own research before making trading decisions.