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FX Correlation Matrix

Exclusive Limited Time Offer! Grab this powerful indicator for a lifetime at just $45.

Gain an unparalleled edge in the forex market with this Forex Correlation Dashboard Indicator, designed to streamline your trading process and provide deep insights through multi-timeframe, multi-currency correlations. Perfect for both novice and experienced traders, this indicator offers advanced features that empower you to make better-informed decisions, ultimately leading to more profitable trades.

Suggested Symbols:

Forex Major and Minor pair along with Metals.

Applicable Timeframe:

Applicable across all 9 timeframes.

Who is this indicator for?

Any trader who is well versed in the basics of trading, has a clear concept of forex correlation, and know how to use correlation for profitable trading.

Indicator Features:

Multi-Timeframe, Multi-Currency Dashboard:

Visualize correlations across multiple forex pairs and timeframes with ease. This powerful dashboard gives you a clear picture of how currency pairs are moving in relation to one another, allowing you to capitalize on cross-pair opportunities and enhance your trading strategy.

5 PC Activation for Multiple Brokers:

Trade across multiple broker platforms with the flexibility of five PC activations. Whether you're working with different brokers or switching between accounts, this feature ensures smooth and uninterrupted access to the indicator.

Eye-Pleasing Aesthetic Design:

The Forex Correlation Dashboard is not only functional but also designed with aesthetics in mind. Its sleek, modern interface is easy on the eyes, allowing you to focus on trading without visual distractions.

User Convenience:

Enjoy a highly intuitive interface that simplifies your trading experience. The Forex Correlation Dashboard is designed with traders’ convenience in mind, providing easy navigation, quick access to data, and seamless functionality.

Adaptable Dashboard Sizes:

Whether you’re using a standard monitor or a 4K display, the indicator adjusts perfectly with four different dashboard sizes to choose from. This adaptability ensures you can monitor the market in the way that best suits your needs.

Customizable Settings:

Correlation Period (Default 20):

The indicator comes pre-set with a default correlation period of 20 but is fully customizable to a minimum of 20 and a maximum of 50. Adjust the period to suit your trading strategy, allowing you to fine-tune your analysis for maximum accuracy.

Adjustable Indicator Size: 

No matter the size of your trading screen, you can customize the indicator’s size to ensure clear visibility and a perfect fit. The four available sizes ensure you can seamlessly switch between different monitor configurations, from standard to 4K.


Indicator Strategies:  Boost Profits with Correlation Analysis

Identifying Strong Currency Correlations:

Forex pairs are often interrelated, and understanding these correlations can be the key to unlocking profitable trades. By analyzing how pairs move in relation to one another, you can identify strong correlations that help you predict price movements across multiple pairs.

Reducing Risk through Diversification:

Currency correlations allow you to reduce risk by spreading your trades across less correlated pairs. With the Forex Correlation Dashboard Indicator, you can easily spot opportunities for diversification and build a more balanced trading portfolio.

Capitalizing on Divergences:
When two normally correlated pairs begin to diverge, it can signal potential trade opportunities. This indicator helps you spot such divergences early, giving you a head start in capturing profitable trades when the pairs realign.


Indicator Troubleshooting:

Issue with symbol order:

Symbols are displayed in reverse order and not starting from the first ten of the market list.

Solution: 

This issue can differ from one broker to another. To address this, prioritize the symbols you frequently use for trading by placing them at the top of the Market Watch section. Conceal any unnecessary symbols to enhance indicator performance.

Loading data correctly on Indicator:

  • Load all desired symbols in your market watch before applying the indicator.
  • Ensure MetaTrader historical data is loaded for the chosen symbols in the chart.
  • If encountering "Data not synchronized" issues, allow 5-10 minutes for your terminal to load, ensuring a seamless experience.

How to Do a Visual Backtest with Our Indicator:

Step 1: Download the entire history center database first. Press shortcut key F2 to access the History Center.

Step 2: Click on the download button.

Step 3: After the download completes, close, and restart the metatrader.

Possible Issues with Backtesting:

Problem 1:

You see a message that says "Waiting for update" on the chart while backtesting.

Solution:

This means that you don't have enough data or poor internet connection. To avoid this, make sure you download the full History Center data as explained above.

Problem 2:

Metatrader freezes during backtest.

Solution:

This also happens because of insufficient data or bad internet connection. Fix internet connection before starting and follow the steps again.

Contact us:

For any issues, bug reports, or suggestions, feel free to contact us, comment on the product page, or DM us. Your feedback is crucial for an exceptional experience.

Service Limitation:

It is requested that purchases must be refrained from if the buyer is from India, Bangladesh, or Pakistan, as developer support for these regions are unavailable due to legal restrictions.

Risk Disclosure:

Our indicator doesn't guarantee future profits or losses. Trade responsibly, understanding that intraquotes or program developer is not liable for any incurred losses or the precision of signals. Our product serves as visual guidance, adding value to informed trading decisions.

Copyright © INTRAQUOTES 


Related to:

correlation analysis, multiple timeframe trend analysis, candlestick charts, bar chart, trend dashboard, scalping, day trading, position trading, swing trading, trade following, trend riding, indicator, trend following, trend reversal, MetaTrader software, currency pairs, market analysis, chart window, mobile alert, trading strategy, multiple timeframe, dashboard, 4K monitors, currency correlation dashboard.

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Introduciendo       Indicador Quantum Trend Sniper   , el innovador indicador MQL5 que está transformando la forma en que identificas y negocias los cambios de tendencia. Desarrollado por un equipo de comerciantes experimentados con experiencia comercial de más de 13 años,       Indicador de francotirador de tendencia cuántica       está diseñado para impulsar su viaje comercial a nuevas alturas con su forma innovadora de identificar cambios de tendencia con una precisión extremadamente alta.
Este tablero muestra los últimos patrones armónicos disponibles para los símbolos seleccionados, por lo que ahorrará tiempo y será más eficiente / versión MT5 . Indicador gratuito: Basic Harmonic Pattern Columnas del indicador Symbol: aparecerán los símbolos seleccionados Trend : alcista o bajista Pattern : tipo de patrón (gartley, mariposa, murciélago, cangrejo, tiburón, cifrado o ABCD) Entry : precio de entrada SL: precio de stop loss TP1: 1er precio de toma de beneficios TP2: 2º precio de
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FX Levels es un indicador de soporte y resistencia excepcionalmente preciso que fusiona el método Lighthouse tradicional con un enfoque dinámico innovador, funcionando a la perfección en todos los símbolos de negociación. Esto incluye pares de divisas, índices, acciones o materias primas. FX Levels identifica puntos de reversión y los muestra en el gráfico, que pueden utilizarse idealmente como objetivos de beneficios en sus actividades de negociación. En el desarrollo de FX Levels, hemos utili
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Bernhard Schweigert
5 (2)
Dynamic Forex28 Navigator: la herramienta de trading de Forex de última generación. ACTUALMENTE CON UN 49 % DE DESCUENTO. Dynamic Forex28 Navigator es la evolución de nuestros indicadores populares de larga data, que combina el poder de tres en uno: Indicador avanzado Currency Strength28 (695 reseñas) + Indicador avanzado Currency IMPULSE con ALERT (520 reseñas) + Señales combinadas CS28 (bonificación). Detalles sobre el indicador https://www.mql5.com/en/blogs/post/758844 ¿Qué ofrece el i
ACTUALMENTE 26% DE DESCUENTO ¡La mejor solución para cualquier operador novato o experto! Este indicador es una herramienta única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una nueva fórmula. ¡Con sólo UN gráfico puede leer la Fuerza de la Divisa para 28 pares de Divisas! Imagínese cómo mejorará su operativa porque podrá señalar el punto exacto de activación de una nueva tendencia o de una oportunidad de scalping. Manual del usuario: haga
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ENIGMERA: El núcleo del mercado https://www.enigmera.com Introducción Este indicador y sistema de negociación es un enfoque extraordinario de los mercados financieros. ENIGMERA utiliza los ciclos fractales para calcular con precisión los niveles de soporte y resistencia. Muestra la auténtica fase de acumulación y proporciona dirección y objetivos.  Un sistema que funciona tanto si estamos en una tendencia como en una corrección.  ¿Cómo funciona? ENIGMERA consta de tres líneas: la línea de s
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Versión 1.2 2024.05.01
- Refined layout design enhances user interaction and experience.
- The indicator now presents 10 symbols from Marketwatch to calculate and compare correlation.
- The indicator's architecture has been streamlined for maximum space utilization and efficiency.
- Enhanced indicator speed and performance deliver unmatched functionality.
- Upgraded display compatibility for high-resolution monitors ensures crisp and clear visuals.
- Bug fixed.
Versión 1.1 2024.02.10
Bug fixed.