This study plots the reciprocal (1/x) of each chart value. This study is popular with foreign exchange traders. They can easily see the price action in the opposite pair. For example, using the symbol EURUSD plots a chart of the euro in dollars. Applying the 1/X study, and the chart becomes the price of the dollar in Euros.
These chart values are the equivalent of inputting the symbol in as lower case letters, that is, spu instead of SPU by holding down SHIFT. If the 1/X study is applied, then the title bar displays 1/symbol, alerting users that a reciprocal chart is displayed.
There are no parameters for this study.