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FXC iCorrelatioN Specialized For DAX vs DowJones

1

FXC iCorrelatioN MT5 Indicator (Specialized for DAX - DowJones)

The indicator shows the correlation soefficient between two assets. Correlations are useful because they can indicate a predictive relationship that can be exploited in practice.

The correlation coefficient shows the relationship between the two symbols. When the correlation is near 1.0, the symbols are moving togerhet in the same direction. When the correlation is near -1.0, the symbols are moving in opposite direction.

Main features:

  • Multicurrency
  • Developed for DAX - DowJones pair
  • Based on Open or Close prices
  • Time synchronization based on M1 data
  • Buy/Sell open signals
  • PUSH notifications
  • E-mail sending
  • Pop-up alert
  • Customizeable Information panel

Tips for using:

  • It is best used for assets that usually move together to the same direction. (The indicator is specialized for DAX - DowJones pair.)
  • Suggested timeframes are up-to H4.
  • Always use time synchronization for the right result.
  • Stay open secondary symbol M1 chart when using Time Synchronization. Or stay open secondary symbol chart on the current timeframe at Bars Synchronization.
  • At signals, open position to the indicated direction on the primary symbol. And open reverse position on the secondary symbol.

Input parameters:

  • Secondary Symbol: Specify the secondary symbol.
  • Correlation Period: Period size of the correlation data.
  • Symbol Synchronization:
     - Bars: This procedure synchronizes the data based on candles.
     - Time: This method synchronizes the data based on M1 chart     prices.
  • Correlation Price: You can choose between Close and Open prices.
  • Scale Symbol-2 Data (ON): This function brings the secondary symbol data to the same scale with primary symbol.
  • Scale MA-Power Symbol-1 (auto: 0): Scaling primary symbol MA data fitt to the indicator window.
  • Scale MA-Power Symbol-2 (auto: 0): Scaling secondary symbol MA data fitt to the indicator window.
  • Signal Arrow (ON): Draws arrows to the chart at signals.
  • PUSH Notification (ON): Sends PUSH notifications at signals.
  • E-mail Sending (ON): Sends e-mails at signals.
  • Pop-up Window Alert (ON): Sends pop-up alerts at signals.
  • Signal Min. Correlation Turn: Sets the minimal correlation turn for signals.
  • Signal Min. MA-Difference: Sets the minimal MA-Power difference for signals.
  • Arrow Color Buy: Arrows color for Buy signals.
  • Arrow Color Sell: Arrows color for Sell signals. 
  • Arrow Size: Size of the Arrows.
  • Arrow Shift Buy (Low + X pip): With this parameter, you can shift the price of the Buy arrows relative to the Low price.
  • Arrow Shift Sell (High + X pip): With this parameter, you can shift the price of the Sell arrows relative to the High price. 
  • Infopanel (ON): Switch Turns the information panel on or off. 
  • Infopanel Color-1: Color-1 of the information panel.
  • Infopanel Color-2: Color-2 of the information panel.
  • Infopanel Color-3: Color-3 of the information panel. 
  • Infopanel Background (ON): Turns the background of the information panel on or off.
  • Infopanel Background Color: Sets the background color of the information panel.

Information Panel:

  • Correlation: Shows the current correlation coefficient. In parentheses there is the difference of the MA-Powers.
  • Period (Bars): Shows the correlation period size. In parentheses, it shows the number of bars in the chart of secondary symbol.
  • S1-US30: 'US30' is the name of the primary symbol. It shows the current Bid price. In parentheses, there is the number of bars in the current chart.
  • S2-GER30: 'GER30' is the name of the secondary symbol. It shows the current Bid price. The color of the first data has to be Lime. This shows proper operation.
  • Scale S1/S2: Scaling variables of the MA-Power data for the primary and secondary symbols.
  • Indicator(1): Shows the name of the indicator. The number in the parentheses represents the subwindow of the indicator.

Buttons:

  • There are three little buttons at the right-upper corner of the information panel.
  • RED button: It removes the indicator from the chart.
  • WHITE button: Do nothing.
  • GREEN button: It turns on or off the information panel.


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Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Indicatori
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Matrix Arrow Indicator MT5
Juvenille Emperor Limited
5 (14)
Indicatori
Matrix Arrow Indicator MT5   è un trend unico 10 in 1 che segue un indicatore multi-timeframe al   100% non ridipinto   che può essere utilizzato su tutti i simboli/strumenti:   forex ,   materie prime ,   criptovalute ,   indici ,   azioni .  Matrix Arrow Indicator MT5  determinerà la tendenza attuale nelle sue fasi iniziali, raccogliendo informazioni e dati da un massimo di 10 indicatori standard, che sono: Indice di movimento direzionale medio (ADX) Indice del canale delle materie prime (CCI
Advanced Supply Demand MT5
Bernhard Schweigert
4.53 (15)
Indicatori
La migliore soluzione per qualsiasi principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di funzionalità proprietarie e una nuova formula. Con questo aggiornamento, sarai in grado di mostrare fusi orari doppi. Non solo potrai mostrare una TF più alta, ma anche entrambe, la TF del grafico, PIÙ la TF più alta: SHOWING NESTED ZONES. Tutti i trader di domanda di offerta lo adoreranno. :) Informazioni imp
Bill Williams Advanced
Siarhei Vashchylka
5 (7)
Indicatori
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
Legacy of Gann for MT5
Pavel Zamoshnikov
5 (6)
Indicatori
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
Basic Harmonic Patterns Dashboard MT5
Mehran Sepah Mansoor
5 (1)
Indicatori
Questo cruscotto mostra gli ultimi   pattern armonici   disponibili per i simboli selezionati, in modo da risparmiare tempo ed essere più efficienti /   versione MT4 . Indicatore gratuito:   Basic Harmonic Pattern Colonne dell'indicatore Symbol :   vengono visualizzati i simboli selezionati Trend:   rialzista o ribassista Pattern:   tipo di pattern (gartley, butterfly, bat, crab, shark, cypher o ABCD) Entry:   prezzo di ingresso SL:   prezzo di stop loss TP1:   1 prezzo di take profit TP
Quantum Breakout Indicator PRO MT5
Bogdan Ion Puscasu
5 (6)
Indicatori
Presentazione       Quantum Breakout PRO   , l'innovativo indicatore MQL5 che sta trasformando il modo in cui scambi le zone di breakout! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni,       Quantum Breakout PRO       è progettato per spingere il tuo viaggio di trading a nuovi livelli con la sua strategia innovativa e dinamica della zona di breakout. Quantum Breakout Indicator ti fornirà frecce di segnalazione sulle zone di breakout con 5 zone target
Easy Buy Sell Signal Alert
Franck Martin
4.86 (7)
Indicatori
Easy By Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. My othe
Gartley Hunter Multi
Siarhei Vashchylka
5 (7)
Indicatori
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. A
Auto Orderblock with Break of Structure MT5
Barend Paul Stander
4.64 (14)
Indicatori
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
SMCpro
Arief
5 (1)
Indicatori
Currently Price  20% OFF  ( for unlimited use ) Indicator   USER MANUAL , trade setups, solving issues, etc :  Direct Download Here     (  for users only  ) Hello World! Introducing.. SMCpro tool and Indicator for  MetaTrader 5 , a cutting-edge feature designed to revolutionize your trading experience. With innovative ICT Smart Money Concept, you gain unparalleled insight into market dynamics, empowering you to make informed trading decisions like never before. SMC Indicator built on th
Volume by Price MT5
Brian Collard
4.2 (5)
Indicatori
The Volumebyprice.com Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, posit
Altri dall’autore
FXC iCorrelatioN Specialized For DAX vs Dow Jones
Zsolt Haromszeki
Indicatori
FXC iCorrelatioN MT4 Indicator (Specialized for DAX - Dow Jones) The indicator shows the correlation soefficient between two assets. Correlations are useful because they can indicate a predictive relationship that can be exploited in practice. The correlation coefficient shows the relationship between the two symbols. When the correlation is near 1.0, the symbols are moving togerhet in the same direction. When the correlation is near -1.0, the symbols are moving in opposite direction. Important
FXC iRSI DivergencE MT5
Zsolt Haromszeki
Indicatori
FXC iRSI-DivergencE MT5 Indicator This is an advanced RSI indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the RSI and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: RSI Period: The Period size of the RSI indicator. R
FXC iRSI DivergencE MT4
Zsolt Haromszeki
2 (1)
Indicatori
FXC iRSI-DivergencE MT4 Indicator This is an advanced RSI indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the RSI and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: RSI Period: The Period size of the RSI indicator. R
FXC iCCI DivergencE MT4
Zsolt Haromszeki
Indicatori
FXC iCCI-DivergencE MT4 Indicator This is an advanced CCI indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the CCI and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: CCI Period: The Period size of the CCI indicator. C
FXC iDeM DivergencE MT4
Zsolt Haromszeki
Indicatori
FXC iDeM-DivergencE MT4 Indicator This is an advanced DeMarker indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the DeMarker and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: DeM Period: The Period size of the DeMarke
FXC Trade AssistanT MT4
Zsolt Haromszeki
3.67 (3)
Utilità
FXC Trade AssistanT MT4 This trading software will help you in manual trading. You can use it for open and close positions in many forms. The EA offers you lot sizeing, stop management methods and other usefull tools using with its control panel. New in v1.13: Ultra-Fast CLOSE operation can close over 100 trades/second (Only MT5) New SETUP panels: Control, Chart, Msg., SFX, Advanced Added SFX sound profiles Zero-Point Calculation with Swap & Commission Can handle foreign trades New Info data
FXC iMACD DivergencE MT4
Zsolt Haromszeki
Indicatori
FXC iMACD-DivergencE MT4 Indicator This is an advanced MACD indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the MACD and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: MACD Fast-EMA: The Fast-EMA variable of the MACD
FXC iCCI DivergencE MT5
Zsolt Haromszeki
Indicatori
FXC iCCI-DivergencE MT5 Indicator This is an advanced CCI indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the CCI and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: CCI Period: The Period size of the CCI indicator. C
FXC iDeM DivergencE MT5
Zsolt Haromszeki
Indicatori
FXC iDeM-DivergencE MT5 Indicator This is an advanced DeMarker indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the DeMarker and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: DeM Period: The Period size of the DeMarke
FXC iMACD DivergencE MT5
Zsolt Haromszeki
Indicatori
FXC iMACD-DivergencE MT5 Indicator This is an advanced MACD indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the MACD and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: MACD Fast-EMA: The Fast-EMA variable of the MACD
FXC Trade AssistanT MT5
Zsolt Haromszeki
5 (1)
Utilità
FXC Trade AssistanT MT5 This trading software will help you in manual trading. You can use it for open and close positions in many forms. The EA offers you lot sizeing, stop management methods and other usefull tools using with its control panel. New in v1.13: Ultra-Fast CLOSE operation can close over 100 trades/second (Only MT5) New SETUP panels: Control, Chart, Msg., SFX, Advanced Added SFX sound profiles Zero-Point Calculation with Swap & Commission Can handle foreign trades New Info data
Filtro:
Tobia Giordano
720
Tobia Giordano 2023.05.30 19:25 
 

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Zsolt Haromszeki
1838
Risposta dello sviluppatore Zsolt Haromszeki 2023.05.30 21:43
Thank you for you feedback! :)
Rispondi alla recensione
Versione 1.7 2023.01.16
Smaller stylistic corrections were made.
Versione 1.6 2020.08.14
Double sign bug fixed.
Versione 1.5 2020.08.11
The information panel got better.
Versione 1.4 2020.08.11
Bug fixed.
Versione 1.3 2020.08.10
MA-Power scaling got better.
Versione 1.2 2020.08.10
Version information fixed.
Versione 1.1 2020.08.10
Information panel data bug fixed.