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Correlation Coefficient Tool 441 Forex Combos

Currency Pair Correlation Matrix & Alerts Tool

Analyze correlations across major and minor currency pairs in real-time with Alerts for chosen amounts on positive and negative correlations coefficients

where the user can specify the Time Frame and the number of candles to analyze within the Time Frame 

This adds an added layer flexibility when calculating the coefficients.

The time frames that you can select are below 

PERIOD_CURRENT

0

Current timeframe

PERIOD_M1

1

1 minute

PERIOD_M5

5

5 minutes

PERIOD_M15

15

15 minutes

PERIOD_M30

30

30 minutes

PERIOD_H1

60

1 hour

PERIOD_H4

240

4 hours

PERIOD_D1

1440

1 day

PERIOD_W1

10080

1 week

PERIOD_MN1

43200

1 month


This advanced tool offers a comprehensive correlation matrix for up to 441 currency pair combinations, allowing traders to monitor and analyze correlations between various forex pairs. It’s designed to simplify the process of spotting correlations, with customizable alert thresholds and real-time updates based on your selected chart timeframe.

Key Features:

Correlation Matrix: View correlations between 21 major and minor currency pairs, displayed as a matrix of 441 combinations. Each pair’s correlation value (positive or negative) is calculated using a user-defined number of historical bars.

Customizable Alerts: Set your own thresholds for positive and negative correlation values (e.g., 0.9 or -0.9). The tool will automatically send alerts when your specified thresholds are met.

Real-Time Updates: The tool runs in real-time on the chart timeframe it’s applied to, providing updated correlation values and alerts on a per-candle basis.

Matrix Display Option: Optionally display the entire correlation matrix on your chart, or hide it for a cleaner interface while keeping alerts active.

Fail-Safe Mechanisms:

The tool ensures that the number of bars selected for analysis does not exceed the available bars on the chart.

Complete Control Over Timeframes: Analyze correlations over different timeframes, depending on the chart you're working with—be it hourly, daily, or any custom timeframe.

Accuracy with Pair Matching: Automatically sets identical currency pairs (e.g., AUDCAD vs. AUDCAD) to a correlation value of 1, ensuring accuracy across the entire matrix.


Currency Pairs Analyzed:

1. AUDCAD


2. AUDCHF


3. AUDJPY


4. AUDNZD


5. AUDUSD


6. CADCHF


7. CADJPY


8. CHFJPY


9. EURNZD


10. EURAUD


11. EURCAD


12. EURCHF


13. EURGBP


14. EURJPY


15. EURUSD


16. GBPAUD


17. GBPCAD


18. GBPCHF


19. GBPJPY


20. GBPUSD


21. NZDUSD



This tool is perfect for traders who want to analyze correlations in-depth and receive timely alerts when key positive or negative correlation thresholds are reached. Whether you're trading manually or using the insights to inform your automated strategies, this tool provides the necessary data in a simple and effective way.


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Trade Copier Agent는 여러 MetaTrader(4/5) 계정/터미널 간에 거래를 복사하도록 설계되었습니다. 이 도구를 사용하면 제공자(소스) 또는 수신자(대상) 역할을 할 수 있습니다. 모든 거래 행위는 지연 없이 제공자에서 수신자로 복사됩니다. 이 도구를 사용하면 0.5초 미만의 매우 빠른 복사 속도로 동일한 컴퓨터의 여러 MetaTrader 터미널 간에 거래를 복사할 수 있습니다. 무역 복사기 에이전트 설치 및 입력 가이드 복사를 시작하기 전이나 주문이 없을 때 공급자 계정의 설정을 적용하십시오! 주문이 있는 동안 모든 변경 사항은 수신자 계정에 영향을 미칩니다. 예: 공급자 계정이 구매 주문을 적용한 다음 구매를 비활성화하면 수신자 계정의 모든 구매 주문이 닫힙니다. EA에 대한 알림을 받으려면 URL(   http://autofxhub.com   ) MT4 터미널을 추가하십시오(스크린샷 참조). MT5 버전   https://www.mql5.com/en
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
RedFox Copier Pro
Rui Manh Tien
4.7 (10)
Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  platforms. Users not only can follow all instructions from the s
FxProTrader
Vitaliy Boltenkov
FxProTrader is a multifunctional half-automatic trading system that allows you to trade both manually and automatically . The algorithm includes 3 automatic trading strategies (1 trend and 2 flat). The trader independently analyzes the trading situation and makes a decision on which trading strategy to include. Attention! Not all buttons work correctly in the strategy tester. Presented in the form of 4 graphic panels: 1 Panel - the main trading panel responsible for manual trading. Allows
Trade Assistant Pro 36 in 1
Makarii Gubaydullin
4.95 (19)
다기능 도구: 로트 계산기, 가격 조치, R/R 비율, 무역 관리자, 공급 및 수요 영역을 포함한 65개 이상의 기능 데모 버전   |   사용자 매뉴얼   |   MT5 버전 이 유틸리티는 전략 테스터에서 작동하지 않습니다. 여기에서 데모 버전을 다운로드하여 제품을 테스트할 수 있습니다. Contact me   질문/개선 아이디어가 있는 경우/버그가 발견된 경우 저에게 연락 하십시오. 거래 프로세스를 간소화, 가속화 및 자동화하십시오. 이 대시보드로 표준 터미널 기능을 확장하십시오. 유틸리티는 외환, 주식, 지수, 암호화폐 등 모든 거래 수단에서 작동합니다. 1. 새로운 거래 열기 : 로트/리스크/RR 계산: 1. Lot 계산기 (리스크 규모에 따른 거래량 계산) 2. 리스크 계산기 (로트 규모에 따른 리스크 금액) 3. 위험/보상 비율(RR) 4. 주문에 대한 활성화 트리거 + StopLimit 구매 / StopLimit 판매 5. 가상 SL / TP 레벨 (숨겨진 SL
Mentfx Mmanage
Anton Jere Calmes
5 (15)
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
Live Bot Maker
Nabeel Zafar
5 (4)
Let Your Ideas Earn For You. Convert your Ideas and Strategies in to automated trading bots directly on MT4. Visual Strategy Builder with Instant Results on the chart. This One of a kind strategy builder, allows you to specify rules and visually see the signals based on those rule as you create them. Visit the link for Group, User Manual, Video Examples Why Use LBM LBM is an essential tool for traders of all levels. It allows traders to create strategies quickly and easily, and to test th
Online Accounts Manager MT4
Kyra Nickaline Watson-gordon
5 (1)
OneClick Online Account Manager is a powerful utility that helps you to manage all your accounts from a centralized panel. It is suitable for all single account traders and specially for multiple accounts traders. The utility help you to : Monitor status of all accounts on a private web page. Some information such as account connection status, account profit, DD, Balance, Equity, Margin Level, Number of positions and orders, Daily and Weekly profit/loss and also overall summation of all these
FX28 Trader
Tsvetan Tsvetanov
5 (1)
FX28 Trader Dashboard 소개 - 귀하의 궁극적인 트레이드 매니저 FX28 Trader Dashboard는 외환 거래를 새로운 차원으로 끌어올릴 수 있는 포괄적이고 직관적인 트레이드 매니저로 귀하의 거래 경험의 전체 잠재력을 발휘합니다. 귀하가 경험이 풍부한 트레이더이든, 금융 여정을 시작한 지 얼마 안 된 초보자이든, 이 강력한 도구는 귀하의 거래 활동을 효율적으로 정리하고 의사 결정 과정을 향상시키기 위해 개발되었습니다. 주요 특징: 사용자 친화적 인터페이스: FX28 Trader Dashboard는 모든 수준의 트레이더에게 적합한 사용자 친화적 인터페이스를 자랑합니다. 다양한 기능과 도구를 쉽게 탐색하여 몇 번의 클릭으로 거래를 완전히 통제할 수 있습니다. 실시간 시장 데이터: 실시간 시장 데이터 피드를 통해 통화 쌍, 트렌드 및 시장 변동에 대한 최신 정보를 얻어 자신감 있게 거래를 실행하세요. 고급 트레이드 분석: FX28 Trader Dashboard를 사
Forex Market View Dashboard and CSM
Opengates Success International
5 (1)
FFXMV Dashboard + CSM is a custom indicator combined with Currency Strength Meter . It is created to give the Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make a successful trading. Before attaching this Indicator to your window chart, go to your MT4's Market Watch panel and HIDE all the Currency pairs you don't need or trade and leave the rest there. The reason is that FFMV Dashboard will DISP
News Trader Pro
Vu Trung Kien
4.41 (17)
News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciti
Trade Copier Pro
Vu Trung Kien
4.57 (14)
Trade Copier Pro is a tool to copy trade remotely to MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive t
ADAM for FTMO 40
Vyacheslav Izvarin
5 (1)
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 ---------------------------------------------------------------------------------------------------------------------------
EA for Cycle Sniper Indicator This utility is designed to open/close auto trades according to the Cyle Sniper indicator's signals. Different entry rules  with various stop loss, take profit options can be applied. You will find the details in this blogpost.  https://www.mql5.com/en/blogs/post/749655 Some important issues are explained in the video. Please do not hesitate to contact us if you need further information. IMPORTANT NOTE: You can not test the full functions of the EA on the strategy t
50% off. Original price: $375 Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT5 version   here You only open the first order. When your
Trade like a time traveler thanks to latency arbitrage Everyone knows that the best way to make money in the markets is by knowing the future. Have you ever wished to know the future price of something in advance? Even if it were just a few days, hours, or minutes ahead? What if it were possible to know it but with less than a second of advance notice? That's precisely what the PZ Latency Arbitrage EA robot does. PZ Latency Arbitrage EA is your personal time machine: but it can only travel into
Telegram Signal pro
Sara Sabaghi
4.88 (8)
What is it? Think about it, you can send all the orders/positions info to your telegram channel or group to create your community or VIP signals on telegram. Position info means this EA forward all of your new positions open details (Open price, Open time, Position Type, position Symbol and volume), positions changes ( SL or TP modifying or pending price changes) and position close (Close price, profit or loss, position duration time) and also EA Send NEWS alert (Economic calendar event) on y
ManHedger MT4
Peter Mueller
5 (1)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as
Contact/message me if you encounter any issue using the product or need extra feature to add on the base version. There is a demo version of this panel Dashboard Trading Made Simple Demo in my product list, please try it out to get familiar with all functionalities free, LINK . This system basically utilizes TDI as the main indicator to generate trading signal mainly on H1 and H4 timeframes. The signal will be further filtered and trimmed. Stochastic; Heiken Ashi candle direction and candle s
The Best One Scalping Trade Panel functional manual trade panel with risk reward, auto SL by candle ( original solution), lot size calculation, one-click trading, scale in and out of trades (partial close),  Works with all symbols not just currency pairs, perfect works on DAX, NASDAQ, GOLD, ...... I earn every day during live stream on ZakopiecFX - join Me Risk by lot Risk by percent SL by points SL by Candle, Renko, RangeBar ( original solution) TP by point TP by Risk/Reward Auto Trailing b
삼각 차익 거래 전략은 세 가지 관련 통화 쌍 간의 비효율성을 이용하여 비효율성이 해결될 때 순이익을 위해 서로를 취소하는 상쇄 거래를 배치합니다. 거래에는 3번의 거래가 포함되며, 초기 통화를 초로, 두 번째 통화를 세 번째 통화, 세 번째 통화를 초기 통화로 교환합니다. 세 번째 거래에서 차익 거래자는 시장 교차 환율이 암시적 교차 환율과 일치하지 않을 때 존재하는 불일치로 인한 위험이 없는 이익을 확보합니다. [ 설치 가이드 | 업데이트 가이드 | 문제 해결 | 자주하는 질문 | 모든 제품 ] 삼각 차익 거래 링의 예는 USD, GBP 및 EUR입니다. 이러한 차익 거래 기회와 관련된 통화 쌍은 EUR/USD, GBP/USD 및 EUR/GBP입니다. 이 쌍은 분자와 분모가 있는 대수 공식으로 생각할 수 있습니다. EUR/USD의 분자는 EUR이고 해당 쌍의 분모는 USD입니다. 이 방정식은 EUR를 USD로 나눈 값입니다. 이 세 가지 통화 쌍은 다음과 같이 표현될
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Metatrader4 Trailing Stop Loss Program Platform Compatibility: The Program is for METATRADER4 Platform. Functionality: This program will go through all open Forex Currency pairs trades on Metatrader4 and move their corresponding STOP LOSSES to a PROFIT position based on the parameters INPUT settings. Parameters and Example: Example Trade: EURUSD Long (BUY) trade @ 1.0800 STOP LOSS (-50 pips) @ 1.0750 TAKE PROFIT (+50 pips) @ 1.0850 Program Settings: WhenToTrail=20 PIPS; (Pips profit amount to
Forex Trading Trend Support Resistance Line Trader Overview: This Forex trading robot is designed to automatically take BUY and SELL positions based on a Trend Line . It identifies and executes trades depending on the line's relative position on the chart, offering an efficient tool for traders utilizing Support and Resistance strategies. Key Features: Customizable Stop Loss : User-defined STOP LOSS values. Take Profit Levels : Set your desired TAKE PROFIT levels. Trailing Stop Function : Optio
MetaTrader4 Carry Trade FOREX Swap Rollover Indicator - Enhance Your Carry Trade Strategy Developed by a seasoned MT4 programmer and successful proprietary trader, this tool is designed to optimize your carry trade strategy. Key Features : Analyzes swap rollover values (in Points) for 63 currency pairs. Indicates whether to take a long (buy) or short (sell) position. Provides insights for generating positive rollover gains when holding trades overnight. Ideal for traders focusing on carry trade
Forex Algo GAP Trader with Trailing Stop Overview: This Forex Algorithm is designed for traders who use gap trading strategies. It identifies and executes trades automatically based on candlestick gap patterns, providing customizable options for risk management and a trailing stop feature. Key Features: Customizable Gap Threshold : Configure the minimum gap size in pips to trigger trades based on market conditions. Flexible Trading Direction : Choose whether to buy on gap-up or sell on gap-do
MA Crossover Pro MT4 Program Key Features : Moving Average Crossovers : Leverage the dynamic nature of the market with precise buy and sell signals based on fast and slow moving average crossovers. Risk Management Settings : Take control of your trades with customizable risk management settings. Set Stop Loss and Take Profit levels according to your risk tolerance. User-Friendly MT4 Integration : Seamlessly integrate the program into your MetaTrader 4 platform. Effortlessly execute trades and m
Forex Trading Finance EA Indicator This expert advisor (EA) scans pre-selected currency pairs, CFDs, cryptos, and stock indexes to detect price movements based on user-defined parameters. It helps identify potential trade opportunities when the price rises by a certain percentage (suggesting a sell) or falls by a percentage (suggesting a buy). Key Features: Customizable Percentage Alerts : The EA monitors price changes for user-set percentage thresholds (e.g., a 10% rise or a 5% drop), providi
Automated Forex Trading Program - Stochastic Indicator Strategy with Customizable Settings Key Features: Stochastic Indicator Strategy : Utilizes a sophisticated trading strategy based on the stochastic indicator, which is a momentum oscillator. The algorithm identifies potential reversal points at overbought or oversold levels, providing precise trade signals. Customizable Settings : Adjust key parameters like stochastic periods, overbought and oversold levels, as well as Take Profit and Sto
Forex Stock Indexes Alerts EA - RSI & Price Index Expert Advisor (MT4) Forex Stock Index Price Alert & RSI EA for MT4 Condition: New Delivery: Electronic and free worldwide. Email required for delivery details upon purchase. What Does the Program Do? The program will alert the user when any of the 10 pre-selected stock index symbols (additional indices can be added upon request) meet specific criteria: AUS200 EUSTX50 FRA40 GER30 HK50 JPN225 UK100 NAS100 US30 US500 For example, if you set a pri
Stock Indices Candle Gap Volatility Tool Designed for traders who demand precise and comprehensive analysis of candle gaps across major global stock indices. this tool provides the critical data needed for informed decision-making. Key Features: Candle Gap Analysis: Automatically display the high-low (Hi-Lo) gaps on your chart for any selected timeframe, giving you a clear view of market volatility. Wide Range of Timeframes: Analyze candle gaps (Current Candles) over multiple timeframes, providi
Program Overview: This program is a trading tool designed to monitor and analyze the 7 major currency pairs. It is a variant of a similar program used for tracking stock indices, but this version focuses on the seven major currency pairs. The program helps in identifying and calculating significant price movements (gaps) between the high and low prices of these currency pairs over a specified time frame. It then provides insights through comments and alerts based on the calculated gaps. Major Cu
METATRADER4 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is  dynamically displayed. Additionally, every hour, the program prints out
Forex Candle High/Low Alert Indicator Overview: Forex Candle High/Low Alert Indicator, designed to provide real-time insights and alerts for major currency pairs. This custom-built tool displays key High and Low values over a chosen number of candles and time frame, ensuring you stay informed about critical price movements and trends. (The candles observed are from the 1st candle back - The amount of the chosen number of candles) Key Features: Real-Time High/Low Tracking : The indicator dynamica
This MetaTrader4 tool monitors 21 minor currency pairs over a user-defined timeframe, displaying key PIVOT values along with SUPPORT Zones 1, 2, and 3, and RESISTANCE Zones 1, 2, and 3 for each selected pair. Users can choose to have this information optionally displayed on the chart ; however, logging of the data to the log file is always active and occurs periodically based on the selected timeframe. For example, when set to an hourly timeframe, data will be logged every hour; on a minute-base
Metatrader5 Trailing Stop Loss Program Platform Compatibility : This program is designed for the MetaTrader 5 platform. Functionality : The program scans all open Forex currency pair trades on MetaTrader 5 and adjusts their STOP LOSSES to a PROFIT position based on your specified input parameters. Parameters and Example : Example Trade : EURUSD Long (BUY) trade @ 1.0800 STOP LOSS (-50 pips) @ 1.0750 TAKE PROFIT (+50 pips) @ 1.0850 Program Settings : WhenToTrail = 20 PIPS (Pips profit amount to
METATRADER5 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is  dynamically displayed, providing insights into market conditions. Additi
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