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

54089
4.9 (644)
- 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 14347 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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CorrelatePair

Vitaly Muzichenko

Advantage

Description

Warning