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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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News Trader Pro - это уникальный робот, который позволяет торговать по новостям. Он загружает все новости с нескольких популярных сайтов Forex. Вы можете выбрать любую новость и заранее задать стратегию торговли. News Trader Pro начнет торговать в соответствии с выбранной стратегией автоматически, как только выйдет новость. Выход новости дает возможность заработать, поскольку изменения в цене в этот момент могут быть значительными. С появлением данного инструмента торговать по новостям стало про
Trade Copier Pro
Vu Trung Kien
4.57 (14)
Trade Copier Pro - это мощный инструмент для удаленного копирования сделок между несколькими счетами MetaTrader 4/MetaTrader 5, расположенными в разных местах, по сети интернет. Это идеальное решение для провайдеров сигналов, которые хотят поделиться своей торговлей с другими трейдерами по всему миру. Один поставщик может копировать сделки на множество счетов-получателей, а один получатель может копировать торговлю множества провайдеров. Поставщик может указать срока завершения подписки для кажд
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
FX28 Trader
Tsvetan Tsvetanov
5 (1)
Представляем вам FX28 Trader Dashboard – ваш идеальный менеджер сделок. Разблокируйте полный потенциал вашего торгового опыта с FX28 Trader Dashboard, всесторонним и интуитивно понятным менеджером сделок, разработанным для поднятия вашего опыта торговли на новый уровень. Будь вы опытным трейдером или только начинаете свой финансовый путь, этот мощный инструмент создан для оптимизации ваших торговых операций и улучшения вашего процесса принятия решений. Основные характеристики: Пользовательский
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
Арбитраж с задержкой — это торговая стратегия, которая позволяет трейдерам получать мгновенную прибыль, быстро используя возможности, предоставляемые неэффективностью ценообразования между двумя или более брокерами: она влечет за собой торговлю против отстающего брокера, заранее знающего будущую цену, полученную от других ценовых потоков, доли секундой раньше. Эта неэффективность может быть вызвана поставщиками ликвидности или сетевыми проблемами на стороне брокера. В идеальных торговых условиях
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
On the occasion of the first days of publishing and attracting first customers, a 50% discount $120 for first 10 user (4 license left) Next price is $160 > $200 > $240 Don't forget to send a message after buying (not renting) to add you to our VIP group for free. Live OrderBoook, Another high-level tool by Ziwox Order Book An order book is an electronic list of buy and sell orders for a specific asset, organized by price level. It provides real-time data on market depth, showing the amount o
Automate your trading with any custom indicator Would you like to automate your trading using a custom indicator of your choice? This EA trades using almost any custom indicator. It offers fully customizable settings, flexible position management, customizable trading sessions and weekdays, an inverse mode and a martingale mode. All the robot needs from you are two inputs: The filename of the indicator to trade The signal buffer or the buy/sell buffers to call That's it! The signal buffer or t
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
Стратегия треугольного арбитража использует неэффективность между тремя связанными валютными парами, размещая компенсирующие сделки, которые отменяют друг друга для получения чистой прибыли, когда неэффективность устраняется. Сделка включает в себя три сделки, обмен начальной валюты на вторую, вторую валюту на третью и третью валюту на начальную. С третьей сделкой арбитражер фиксирует прибыль с нулевым риском из-за несоответствия, которое существует, когда рыночный кросс-курс не совпадает с неяв
PROTECT YOUR FTMO Account in a simplest way Must-Have   Account Protector for any Prop-trading Account and Challenge MT4 / MT5 Expert Advisor that protects your Forex Prop Trading account from an unexpected drawdown! FTMO Protector  is a Tool that lets you manage trades and control your profit and loss across multiple Robots and currency pairs using a simple parameters and settings. Use as many EAs and Instruments you need, the Protector will: 1.   Calculate your midnight (01:00 System time) Bal
提供专业的EA编程服务,推出特色仪表盘EA编程,将您的交易策略自动化,可视化,一个图表管理多个交易货币对,详情查看: http://www.ex4gzs.com   Providing quick Developments and Conversion of MT4/MT5 EAs, Indicators, Scripts, and Tools. If you are looking for an Dashboard EA to turn your trading strategy into auto trading algo and to manage multi trades in one chart with visualizing tool, come and visit http://www.ex4gzs.com/en for more details. 如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra feat
The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
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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
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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
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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
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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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