Easiest way is to make a facebook page timmy :-)
Do you have this indicator or an indi that work like it? it's called 5MBOSeeker V.2.1
Pearson coefficient with probable error bands ...
This is a Pearson coefficient with probable error bands indicator ...
Here are 2 examples of EURUSD to USDCHF correlation both with CorrLag set to 0 (so "USDCHF" has to be entered in CorrSymbol field)
Upgraded Person coefficient (with standard error bands)
Pearson's correlation coefficient is the covariance of the two variables divided by the product of their standard deviations.
The form of the definition involves a "product moment", that is, the
mean (the first moment about the origin) of the product of the
mean-adjusted random variables; hence the modifier product-moment in the name.
More information can be found here : https://en.wikipedia.org/wiki/Pearson_product-moment_correlation_coefficient
It's possible to make a "mirror moving average" from the indicator attached, in oder to be possible to show the main line, the mirror line or both at the same time??? Many thanks in advance....