Market / MetaTrader 4 / Indicators /

Netsrac Correlation Trade Indicator

40 USD

Demo downloaded: 47

Published: 11 June 2019

Current version: 2.0

Netsrac Correlation Trade Indicator

Indicators
Carsten Pflug
Version: 2.0
Updated: 18 September 2020
Activations: 10

The Netsrac Correlation Trade Indicator (NCTI) was created to trade correlations between different assets. NCTI offers five different strategies to do this.

Five different correlation trading strategies with two or three assets
Fast access your assets with one click via asset buttons
Your profit/loss at a glance
Configurable alerts via screen or mobile

You can use the indicator with every timeframe. Higher timeframes give fewer but better signals.

If you have some questions or suggestions - please feel free to contact me. To better understand the controls and the principle behind the indicator, please read the blog entry at https://www.mql5.com/en/blogs/post/739727.

If you want to have a overview to all correlations, look at my Correlation Dashboard.

How to use the indicator (Short explainer)

1. Search for correlated pairs (you can do that easily with my Correlation Dashboard or with some Internet correlation tools (eg myFXbook)
2. Install the indicator on one chart
3. Add the second (and third for ThreeLeg strategy) correlated pair
4. Configure Alerts
5. Wait for signals from the indicator - if the indicator suggest a trade, look for good entrys and do the trade ...

Don´t forget to read my blog entry at https://www.mql5.com/en/blogs/post/739727.

more...

Screenshot #1 Netsrac Correlation Trade Indicator

Screenshot #2 Netsrac Correlation Trade Indicator

Screenshot #3 Netsrac Correlation Trade Indicator

Screenshot #4 Netsrac Correlation Trade Indicator

Screenshot #5 Netsrac Correlation Trade Indicator

3253

Devonish 2023.07.01 19:09 #

Carsten is definitely one of the genuine programmers on here who in my opinion sells quality tools and very fair prices. I am currently using this tool as a good introduction to Correlated trading. Thank you.

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The Netsrac Correlation Trade Indicator (NCTI) was created to trade correlations between different assets. NCTI offers five different strategies to do this. Five different correlation trading strategies with two or three assets Fast access your assets with one click via asset buttons Your profit/loss at a glance Configurable alerts via screen or mobile You can use the indicator with every timeframe. Higher timeframes give fewer but better signals. If you have some questions or suggestions - ple

40 USD

The intention of the dashboard is to provide a quick overview of the daily, weekly and monthly range of configured assets. In "single asset mode" the dashboard shows you possible reversal points directly in the chart, thus making statistics directly tradable. If a configured threshold is exceeded, the dashboard can send a screen alert, a notification (to the mobile MT5) or an email. There are various ways of using this information. One approach is that an asset that has completed nearly 100% o

59 USD

With the SR Dashboard, you get a powerful tool to control some of the most important information in trading. Assemble a setup according to your strategy and get informed as soon as this setup is valid. Assign scores to defined conditions and let the Dashboard find them. Choose from Trend, Average Daily Range, RSI, Moving Averages, Pivot (Daily, Weekly, Monthly), Highs and Lows, Candlestick Patterns. What can you do with this tool? Use the dashboard as a powerful tool for your discretionary trad

59 USD

THE flexible Expert Advisor for Custom Trading Strategies in MetaTrader 5 The Netsrac TradeAid expert is a powerful tool for traders looking to develop their own trading strategies in MetaTrader 5. With this expert advisor, you can combine a variety of technical indicators and trading rules with a simple "If This (AND This...) Then That" logic to create tailored trading strategies that match your individual preferences. You don´t need any knowledge in MQL5 coding language to build your own exper

179 USD

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Devonish 2023.07.01 19:09 #