Market / MetaTrader 5 / Utilities /

CorrelatePair

30 USD

Demo downloaded: 40

Published: 31 July 2017

Current version: 16.11

CorrelatePair

Utilities
Vitaly Muzichenko
Vitaly Muzichenko
Ukraine

53219
4.9 (631)
- https://new10.top/YouTube
Programming experience since 2008. Knowledge of languages: PHP, JavaScript, MQL
I don't write advisors, I only write indicators and do conversion from MT4 to MT5, and vice versa
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8 products 9 codes 17 topics 14244 comments
Version: 16.11
Updated: 8 March 2019
Activations: 20

Advantage

The analyzer provides an opportunity to examine correlation in history, for example, for the previous month excluding the current one, thus allowing you to evaluate symbol movement in history. It can be conveniently used in conjunction with the LineSyncMirrorCharts analyzer.

Charts are synchronized by a market type: Forex, CFD, Futures, and Indices.

The analyzer calculates the distance covered by the price on a specified period in points.

The tool fits pairs and portfolio traders.

Description

The indicator calculates the correlation using the Pearson equation. The correlation is calculated considering a timeframe
The indicator features the ability to activate an audio signal when a selected level is reached (by default, from 0.98 to 0.99). Set the finish line on the current bar and disable highlighting
The analyzer allows examining correlation on history on any timeframe for better assessment of the market situation
Full synchronization of all open charts: scrolling, timeframe, as well as display of style and candle/bar size
Calculation period is selected by setting vertical lines. The lines are synchronized by time on all charts

Warning

Attach to a single chart only.
Does not work in the tester.

Watch the video for details.

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The indicator of correlation and divergence of currency pairs - all pairs on a single price chart. It displays all pairs opened in the terminal. MT5 version Advantages The traders who use multi-currency trading strategies can observe the price movement of the selected pairs on one price chart in order to compare the parameters of their movement. This is an advanced and extended version of the OverLay Chart indicator It is a quite efficient assistant for multi-currency trading - "pair trading"

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Advantage The analyzer provides an opportunity to examine correlation in history, for example, for the previous month excluding the current one, thus allowing you to evaluate symbol movement in history. It can be conveniently used in conjunction with LineSyncMirrorChart analyzer. Charts are synchronized by a market type: Forex, CFD, Futures, and Indices. The analyzer calculates the distance covered by the price on a specified period in points. The tool fits pairs and portfolio traders. Descript

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Automatic lot calculation per stop level: calculates the lot considering the risk. It is possible to enter a percentage of the deposit and set the line to the planned stop level. As a result, the lot for entry will be calculated. Also, the TakeProfit level will be calculated taking into account the profit/loss ratio, and their profit/loss in the deposit currency. Thus, the final result of the trade can be seen, which is an integral part of successful trading. Features The indicator displays the

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Indicator of correlation and divergence of currency pairs - all pairs on one price chart. It shows all pair that are open in the terminal. Full synchronization of all charts. Does not work in the tester ! MT4 version Advantages Traders who use multicurrency trading strategies can visually observe the price movement of selected pairs on a single price chart in order to compare the parameters of their movement. This is an advanced and extended version of the OverLay Chart indicator It is quite ef

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Automatic calculation of lot size based on the StopLoss level: it calculates the lot with consideration of the risk percentage. Enter the deposit percentage and set the line to the planned StopLoss level. The lot size for the entry will be output as a result. The TakeProfit will also be calculated with taking into account the profit/loss ratio, and their profit/loss in the deposit currency. Thus, the end result of the trade can be seen immediately, which is an integral part of successful trading

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CorrelatePair

Vitaly Muzichenko

Advantage

Description

Warning