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Correlations Indicator

Indicator enabling the analysis of the relationship between two derivatives.

There are different methods of presentation relationship.

The attached video shows all the functionality of the indicator.


Input parameters

  • Anchor_mode - sets the end of the measurement to the current candle.
  • Follow_mode - if true, the beginning of the measurement (START line) follows a fixed distance after its end (END line).
  • Follow_distance - distance, (in candles) between the beginning and the end of the measurement. It only matters if Follow_mode = true.
  • First_CFD - first derivative.
  • Second_CFD - second derivate.
  • Mirror - if true, then the second derivative is inverted by 180 degrees.
  • ShowHistogram - way to visualize correlations. Histogram or band.
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This Indicator only places quality trades when the market is really in your favor with a clear break and retest. Patience is key with this price action strategy! If you want more alert signals per day, you increase the number next to the parameter called: Support & Resistance Sensitivity.  After many months of hard work and dedication, we are extremely proud to present you our  Break and Retest price action indicator created from scratch. One of the most complex indicators that we made with ove
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
Sense
Ivan Stefanov
SENSE es un sistema automatizado que combina métodos GANN seleccionados con cálculos fractales. El sistema nos dice dónde abrir y cerrar operaciones. Ya no es necesario perder tiempo en cálculos complejos: SENSE lo hace todo por usted. Sólo tiene que instalar el indicador. Principios básicos: El mercado es alcista cuando el precio está por encima de las líneas blancas. Compre por encima de las líneas blancas, pare por debajo Las líneas verdes son objetivos alcistas El mercado es bajista c
Otros productos de este autor
This scanner is a tool used to support trading with the Ichimoku method. Its basic features are: 10 trading setups implemented in accordance with the Ichimoku technique, the possibility of simultaneous scanning, all financial instruments available on the platform, the possibility of simultaneous scanning, in all timeframes available on the platform, available Manual and Auto trade , the ability to open in Manual mode from the level of the chart, the ability to determine the size of the position
It is a tool for technical analysis. It allows you to make measurements: Fibo, including the search for clusters Fibo levels (by the DiNapoli method) Overbalance Trend line Selecting S/D levels Input parameters Trend_Color - color of the trend line Trend_Width - width of the trend line Trend_info - if true, along with the trend line additional information is displayed (low, high, medium of the trend line) Trend_info_color_up_dn - color of the text describing the trend line Trend_info_font_up_d
The tool is used to calculate the size of the position that can be opened with the previously assumed risk. The risk can be defined as: percentage value of the account (%), nominal value, expressed in the account currency. The size of position is determined by the distance of the planned SL (red line). Input Parameters Lost_in_Money - if true, the value of the acceptable loss is determined by the parameter "Acceptable_loss", else acceptable loss is determined by the parameter "Acceptable_Risk_
This scanner is a tool used to support trading with the Ichimoku method. Its basic features are: 10 trading setups implemented in accordance with the Ichimoku technique, the possibility of simultaneous scanning, all financial instruments available on the platform, the possibility of simultaneous scanning, in all timeframes available on the platform, two trading modes available: Manual and AutoTrading, the ability to open in Manual mode from the level of the chart, the ability to determine the si
The indicator enables measurement and analysis of accumulated volume (tick), in any chosen swing. The user's task is to mark individual measuring sections with the help of a "crayon's". The indicator automatically sums the volumes of individual candles. Volume analysis is a basic element of the VSA (volume spread analysis) technique. A method of using an indicator is shown on the film. Parameters description Anchor_mode - If true, one end of the measuring line is always hooked on the current c
This scanner is a tool used to support trading. Scanner searches on a wide market, in real time setups, created by mutual arrangements of candles (candles pattern). Its basic features are:  8 implemented trading setups (it is possible to add further setups, additional versions of the scanner),  the possibility of simultaneous scanning, all financial instruments available on the platform,  the possibility of simultaneous scanning, in all timeframes available on the platform,  the ability to manua
This is a script used for placing pending orders. However, this does not create a trivial grid of orders, but a little "thinks and counts" ;) The general idea that guided me when writing this script is the concept of playing the demand and supply zones by setting pending "limits", but with a predetermined level of risk that I accept. Operating principles: - put a rectangle on the graph, which is supposed to reflect the "zone" we are going to play, - drag the Pending_Orders_1v6_Rectangle script t
Piramid Machine is a tool supporting manual trading, allowing for a radical increase in profits. Principle of operation: The trader must open the first position himself. In the "Auto_size_position" mode, the robot will determine the size of the item based on the assumed risk risk "Risk_perc" and the automatically set SL level. The SL level is defined as: for position "BUY" = Lowest - V_BE_buffer, The Lowest level is defined as the lowest level of the candle number "V_BE_candles_back". for the
Piramid Machine is a tool supporting manual trading, allowing for a radical increase in profits. Principle of operation: The trader must open the first position himself. In the "Auto_size_position" mode, the robot will determine the size of the item based on the assumed risk risk "Risk_perc" and the automatically set SL level. The SL level is defined as: If you do not use the red "colored pencil" (shown in the movie), then SL is set at the Kijun or Tenkan level - depending on the choice. The siz
Candles Pattern Scanner EA This scanner is a tool used to support trading. Scanner searches on a wide market, in real time setups, created by mutual arrangements of candles (candles pattern). Its basic features are:  8 implemented trading setups (it is possible to add further setups, additional versions of the scanner),  the possibility of simultaneous scanning, all financial instruments available on the platform,  the possibility of simultaneous scanning, in all timeframes available on the pl
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W0i7l0l7y12
99
W0i7l0l7y12 2021.08.28 13:13 
 

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Aleksey Pyatyshkin
164
Aleksey Pyatyshkin 2020.02.29 12:26 
 

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Roman_S
127
Roman_S 2019.10.19 11:55 
 

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Erdinç Yıldız
539
Erdinç Yıldız 2018.07.30 22:26 
 

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Respuesta al comentario
Versión 2.2 2018.09.13
Several features have been added:
- additional information on the change (in percent) of the price of each instrument in the period considered,
- the possibility of analyzing the relationship between two instruments in the form of a) the absolute change in prices of each of them or b) the correlation between the two instruments.