CorrelatePair

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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    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
    EasyTrades
    Vitaly Muzichenko
    1 (1)
    Small trading panel for managing orders and positions in 1 click for MetaTrader 5 The version for MetaTrader 4 is here , you can check it in the tester without restrictions Set hidden TakeProfit, StopLoss and pending orders at lines placed on the chart. Virtual breakeven. Virtual trailing stop. Close all positions. Close only Buy positions. Close only Sell positions. Work in the back testing mode (working in the tester is limited). Place up to 20 virtual orders. News trading and operation by tim
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