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Multi Covariance Pro

The Multi Covariance Pro indicator calculates the covariance ratio of the currency pairs. This program can be used to evaluate the covariance of multiple instruments at once.


Indicator Parameters

  1. Covariance_Period1 - period to calculate the covariance coefficient of instruments in the first block of settings
  2. Pair1 - the first instrument to calculate the covariance
  3. Pair2 - the second instrument to calculate the covariance
  4. TF1 - timeframe to calculate the covariance coefficient of instruments in the first block of settings
  5. Covariance_Period2 - period to calculate the covariance coefficient of instruments in the first second of settings
  6. Pair3 - the third instrument to calculate the covariance
  7. Pair4 - the fourth instrument to calculate the covariance
  8. TF2 - to calculate the covariance coefficient of instruments in the second block of settings
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