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Double Correlation

Double Correlation indicator (free) plots two windowed correlations in a separate window.  the size of window is taken as input before the two symbols to correlate to.

Two symbols are taken as an input parameters as well as period length. and the two correlations are computed with the currently shown symbol

ex: input GBPJPY and AUDNZD.  current symbol EURUSD then the following will be computed corr(EURUSD,GBPJPY) and corr(EURUSD,AUDNZD)

The indicator can be useful to run a multi-symbol pair trading EA.

It couldn't show on load due to delay in getting multiple symbols history.


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Daniel Stein
5 (3)
IX Power   apporte enfin la précision imbattable de FX Power aux symboles non-Forex. Il détermine avec précision l'intensité des tendances à court, moyen et long terme de vos indices, actions, matières premières, ETF et même crypto-monnaies préférés. Vous pouvez   analyser tout ce que   votre terminal a à offrir. Essayez-le et découvrez comment   votre timing s'améliore considérablement   lors de vos transactions. Caractéristiques principales d'IX Power Résultats de calcul précis à 100 %,
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Long term stats is a trend indicator.  As the name suggests, it computes long term running average, standard deviation and min/max values Average and standard deviation are plotted on the graph and deviation value is taken as input parameter (similarly to bollinger bands). Historical minimum and maximum are plotted on the graph and updated for each bar, considering historical time series slope. (this is to somehow account for inflation/deflation) Can be used as filter for signals, as trigger to
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