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Correlation between 2 currency pairs

This indicator calculate the correlation coefficient between 2 currency pair over a certain number of candles on any time frame.

The result show the "similar level" of the 2 price charts. The calculation can be done on close, low or high price.

There are latency sometimes between currency pair. That mean, when a currency pair move, another currency will be on the go.

That's time we prepare for the trade.

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