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Visual correlation

FREE

Published: 7 November 2018

Current version: 1.3

Visual correlation

Indicators
Andrey Tatarinov
Andrey Tatarinov
developer, trader at MQL5

Russia

45048
4.6 (163)
Robot for trading on news
https://www.mql5.com/en/market/product/10427
Trend Hunter indicator with the ability to send signals to Telegram

13 products 1 signal 5 comments
Version: 1.3
Updated: 29 June 2021

The behavior of different currency pairs is interconnected. The Visual Correlation indicator allows you to display different Symbols on a single chart while preserving the scale.

You can determine a positive, negative correlation, or lack thereof.

Some instruments begin to move earlier than others. Such moments can be determined when overlaying charts.

To display a tool on a chart, enter its name in the Symbol field.

Version for MT5 https://www.mql5.com/en/market/product/109155

more...

10229

Aravind Kolanupaka 2022.01.02 09:26 #

Good

hiro2356 2021.09.14 11:04 #

good

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The indicator detects divergences between price and the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) technical indicators. The indicator's signals do not repaint; an entry signal appears after the bar with the arrow closes. Divergence is defined as follows: If the price chart makes a new high, and the MACD or RSI value remains below the previous level, this is a bearish divergence. If the price chart drops to new lows, and the MACD or RSI value remain

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The advantage of the Price Surfing indicator is the search algorithm for the extremes of the price of the instrument. Most indicator signals are located at local maximums and minimums of the price . For the convenience of the trader, the potential profit of each signal is displayed on the chart. The indicator does not repainting, the signal appears after the bar is closed. MT4 version https://www.mql5.com/en/market/product/46054 Parameters SendAlert - enable alert of a new signal SendEMail

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