• Overview
  • Reviews (6)
  • Comments (10)
  • What's new

PZ Correlation

In the world of finance, correlation is a statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. This indicator measures how different securities move in relation to a reference one, thus making portfolio management easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Avoid concurrent trades in highly correlated instruments
  • Find trading opportunities among highly correlated instruments
  • Correlation is positive when two securities rise in price together
  • Correlation is negative when one security increases and the other decreases

The correlation between two securities is measured by a correlation coefficient.

  • A coefficient of zero is neutral correlation
  • A coefficient of 0.3 is low positive correlation
  • A coefficient over 0.8 is high positive correlation
  • A coefficient of -0.3 is low negative correlation
  • A coefficient over -0.8 is high negative correlation
The correlation is calculated against the native symbol of the chart, and the symbols to evaluate are entered as parameters.

    Input Parameters

    • Max History Bars: Amunt of bars to evaluate to the past upon loading.
    • Correlation Period: Amount of bars to use to calculate the correlation.
    • 1st Symbol to 8th Symbol: Enter the symbols to calculate the correlation.

    Support

    I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

    Reviews 6
    ovest
    24
    ovest 2021.08.22 15:21 
     

    Индикатор PZ correlation представляет информацию о корреляциях между валютными парами во времени в графическом виде, что позволяет мгновенно оценить ситуацию. Спасибо автору, вещь хорошая.

    Valentin Butorin
    3962
    Valentin Butorin 2020.10.03 14:12 
     

    Very helpful. Thanks

    Bing Cheng Chen
    203
    Bing Cheng Chen 2018.07.25 13:57 
     

    还行,主要是看货币之间关联性的强弱,做对冲方法上可以尝试。

    QQ:445114213

    关注我的信号:https://www.mql5.com/zh/signals/530849

    Recommended products
    The 5M Trading Signals AIO
    The 5M Trading Signals AIO
    Boguslaw Nejmanowski
    The 5M Trade Signals AIO ver. 1.0 This indicator works best on 5 minutes, 1 hour timeframes. Consider trading time before opening the UK market. The indicator works best then, which is 5:00 AM to 10:00 AM or 3:00 PM to 7:00 PM GMT. There is no hype then, as is often the case when the US market opens, which is from 1.30pm to 3.00pm GMT. Daytrader traders can use the indicator on two charts, for example the first 1 minute and the second 5 minutes or 1 hour. 1-minute chart to open a position in th
    125 USD
    Telegram Trade Copier
    Telegram Trade Copier
    PALLIYAGURUGE THARUSHA DULAN
    TelegramTradeCopier is the world's first lifetime licensed telegram trade copier software for forex, crypto and commodity trading. Any signal format can be converted to a trading action by TTC. The system has two components      Desktop app EA file  You need to install and login to the desktop app with your telegram details. Then it will listen to channels configured by you and decode all messages into trading actions with proper validations. There is huge flexibility with this app, you can cha
    FREE
    Trend movement
    Trend movement
    Vitalii Zakharuk
    The Trend movement indicator calculates the saturation levels of the price chart. A signal to exit the oversold area is a buy signal. A signal to exit the overbought area is a sell signal. Usually, you need to set the relative values ​​for the overbought and oversold levels Bottom and Top - for this indicator. Most often, a good trend is visible on a price chart visually. But an experienced trader should clearly understand the current balance of power in the market before entering. And the in
    119 USD
    Quick Style
    Quick Style
    Maxim Polishchuk
    The Quick Style utility is designed for facilitation and acceleration of working with the properties of graphical objects. Left-click a graphical object while holding the Shift key to open the quick access window for configuring the object properties. In the window, you can change the color, style and line width with one click, including those of other graphical objects. All changes are displayed immediately. To close the Quick Style , simply click the free space on the chart. The utility is eas
    FREE
    FXtraderariel Indicator
    FXtraderariel Indicator
    Ariel Capja
    This is the FXTraderariel-Indicator . It scans the market for opportunities and creates a buy or sell signal. Depending on the settings and trading style, it can be used for scalping or long-term trading . The indicator can be used on every time frame , but we advise to use it on H1, H4 and D1 . Especially if you are a novice trader. Pro Traders can also you use it for scalping in smaller timeframes (M1, M5 and M15). This indicator is not a complete trading system. It doesn't give you exit point
    100 USD
    TPSpro Risk Manager Panel
    TPSpro Risk Manager Panel
    Roman Podpora
    TPSpro Risk Manager Panel is a convenient tool for anyone who wants to keep track of the current account state. The panel is part of our risk management system, and is included into our more powerful product TPSpro Risk Manager . The panel has three columns containing useful information. The first column contains the information about the account state as of the beginning of the month, i.e. the overall result is shown as a percentage and in the deposit currency. The second column shows the daily
    FREE
    MT4 Intraday Trade Manager
    MT4 Intraday Trade Manager
    David Kiss
    MT4 Intraday Trade Manager script is a standalone, fast executing MT4 script which allows you to easily manage your trade orders  such as Market Buy or Market Sell orders, Buy or Sell Stop orders, modify your Stop Loss and Profit Target level , cover your positions with Stop Loss to Break Even point, use Trailing Stop Loss , etc. Also, it features very sophisticated yet easy-to-use and accurate Money Management  which allows you to use tailored Money Management method best matching to your tradi
    55 USD
    News Trader EA MT4
    News Trader EA MT4
    Abhimanyu Hans
    NEWS TRADER EA FOR MT4 FOR MT5 :  https://www.mql5.com/en/market/product/67193 This EA is specially designed for trading the news events, while trading the news we traders face some problems like : Increase of spread High slippage SL hunting Fast execution speed we need Etc Etc So this EA eliminates all the above problems while trading the news, it has all these settings implanted inside this EA so that traders can set those settings according to their need and according to broker to broker. 
    99 USD
    Capitalism On H20
    Capitalism On H20
    Clifford Bryan
    This is my finest creation. The EA uses a stable Martingale system to increase lots after a loss. Any Black Swan type market movements can be anticipated and corrective action can be taken if in a draw down. A good understanding of the forex market is expected. The EA took eight years to design based on research of data history. It uses artificial intelligence. This is the advisor you have been looking for. This is how smart traders get involved in the markets. Fifo Compatible. Input Descripti
    50 USD
    Full Info Pro
    Full Info Pro
    Aleksei Semenko
    Informational indicator to aid in trading English and Russian version Balance Equity Drawdown Margin level Opened orders Spread Total profit Profit for today Profit for yesterday Profit for the week Profit for a month Detailed statistics for 5 pairs Detailed statistics on the current pair ATR MarginCall quote and distance to it Breakeven quote and distance to it Minimum margin level Maximum drawdown Maximum possible lot to open Displaying the breakeven line Displaying MarginCall and Stopout lin
    FREE
    Helping Honest Predictor
    Helping Honest Predictor
    Paolo Miocchi
    The Helping Honest Predictor (HHP) script was created to assist the user in finding the best values for the input parameters of the Honest Predictor Indicator ( iHP ) for most profitable Binary Option trading. Once the desired range is given by the user for the values of one of the most relevant iHP parameters, namely the positions Expiry Time , HHP "scans" this range and finds out the maximum backtesting accuracy of the indicator (provided the requested reliability level is fulfilled) and for w
    FREE
    PipSeek for MT4
    PipSeek for MT4
    Victor Golovkov
    This is an analog of the PeepSeek indicator. Dynamic triple-period exponential levels act as support or resistance. Additionally short-term price trends are indicated. Provides an adjustable width of the price channel (invert overbought and oversold levels). Default settings are set for EURUSD. Trading situation is shown simultaneously for М1 and М5 on one chart irrespective of the timeframe used. The indicator is only displayed only on the timeframes M1 and M5.
    FREE
    AngDistPer
    AngDistPer
    Vasiliy Anokhin
    The oscillator indicator " AngDistPer " is one of a series of three calculators of the angular deviation of the price chart of a trading instrument. INPUT PARAMETER: DRAWs =128 - Number of bars to display the indicator in the chart history; DistPER =14 - calculation period of the indicator in the number of bars. The values of the indicator indicators are degrees . The presence of a Strong price Movement begins with a value of +-45 degrees, and can not exceed +-90 degrees. A Good Trading R
    FREE
    JAngleR
    JAngleR
    Vasiliy Anokhin
    The oscillator indicator " JAngleR " is one of a series of three calculators of the angular deviation of the price chart of a trading instrument. INPUT PARAMETER: DRAWs =128 - Number of bars to display the indicator in the chart history; Period_IND =14 - calculation period of the indicator in the number of bars; ma_period =1 - Moving Average Period; ma_method =MODE_SMA - moving Method; applied_price =PRICE_CLOSE - applied Moving Average Price. The values of the indicator indicators are degree
    FREE
    AnglerSPeriod
    AnglerSPeriod
    Vasiliy Anokhin
    The oscillator indicator " AnglerSPeriod " is one of a series of three calculators of the angular deviation of the price chart of a trading instrument. INPUT PARAMETER: DRAWs =128 - Number of bars to display the indicator in the chart history; PeriodIND =14 - calculation period of the indicator in the number of bars. The values of the indicator indicators are degrees . The presence of a Strong price Movement begins with a value of +-45 degrees, and can not exceed +-90 degrees. A Good Tradin
    FREE
    Volume Fractals
    Volume Fractals
    Mikhail Nazarenko
    Fractal is one of the main indicators in a number of strategies. Volume Fractals has expanded the functionality of the standard indicator version. The product features fractals sorting and displaying fractals representing both price and volume extreme points. Application Stop losses Reversal signals Placing pending orders for a fractal breakout Options Bars of history - number of chart bars the indicator is displayed for Left side minimum bars - minimum number of bars to the left of the frac
    FREE
    Level High Low Pro
    Level High Low Pro
    Yaroslav Varankin
    Level high low Pro. the indicator is based on the trading system developed by forex trading experts; this indicator is based entirely on it. it perfectly determines the highs and lows of the price great for picking strategies also knows how to work and trend works great on binary options for binocular ... Options worth making a deal for 1-3 candles. its advantages: You can choose absolutely any tool. no need to heap a lively chart with various indicators that contradict each other, or
    30 USD
    Forex Spread WatchDog
    Forex Spread WatchDog
    World FX Limited
    This Forex indicator ensures that you are getting the best spreads while trading, and guards against broker spread widening - very important ongoing tasks for each and every trader. It will always keep you updated on the current spread, as well as how this spread is judged in relation to the brokers' average spread, minimal and maximal spread. In addition, it will enable you to track the Swap (overnight rollover) that your broker charges or credits you, for each of the currency pairs you trade.
    FREE
    SoldiersV2
    SoldiersV2
    Eugenio Polimeni
    SoldiersV2 SoldiersV2 Expert Advisor expresses a result based on several years of forex trading research. It uses the best technical analysis based on the strategy of the three white soldiers and the three black ravens to optimizing the profit flow in the uptrend or downtrend. This ea uses two types of operations, one more conservative and one more aggressive based on the initial capital. With this ea we recommend a minimum capital of $ 1500, leverage 1: 1000 and an initial lot of 1. Write me
    199 USD
    Abiroid MA Stack
    Abiroid MA Stack
    Abir Pathak
    Moving Average Rainbow Stack: Free: Single Currency & Single Timeframe MA Stack Very useful for finding current and higher timeframe trends. Best suited for long term trend based trading. Use fewer MAs for quick scalping. And not suitable during low volatility. Only use during high volatility and steady trending markets. Use this to enhance your existing Trend based strategies to find best trends. Read detailed description https://abiroid.com/product/abiroid-ma-stack Available MTF and Scanner
    FREE
    Channel Range Medvedev Percentage
    Channel Range Medvedev Percentage
    Valeriy Medvedev
    This indicator is a logical extension of the product at https://www.mql5.com/en/market/product/12526 . The only difference is that price movement is displayed using a histogram with levels, allowing to assess the direction and strength of the movement. How to interpret the signal: 0 - the middle of the channel; above 0.5 - the breakdown of the channel up; below -0.5 - the breakdown of the channel down. Both indicators are displayed in the attached screenshots. Install the indicator and you will
    FREE
    Awesome Trade X
    Awesome Trade X
    Yu Xin Pu
    Awesome Trade X is an EA based on Awesome Oscillator. Awesome Oscillator parameters such as BuyShift, BuyValue, SellShift, and SellValue can be adjusted. Awesome Trade X applies BTN TECHNOLOGY's state-of-the-art intelligent technology to help you create optimal results for your trades. May your dreams come true through Awesome Trade X. Good luck. === Inquiries === E-Mail:support@btntechfx.com
    149 USD
    Binary Options Conqueror
    Binary Options Conqueror
    Majeed Odubela
    SYSTEM INTRODUCTION:   The Binary Options Conqueror System Is Specifically Designed For Binary Options Trading. Unlike Other Systems And Indicators That Were Adopted From Other Trading Environments For Binary Options. Little Wonder Why Many Of Such Systems Fail To Make Money . Many End Up Loosing Money For Their Users.  A Very Important Fact That Must Be Noted Is The Fact That Application Of Martingale Is not Required. Thus Making It Safer For Traders Usage And Profitability. A Trader Can Use F
    240 USD
    TModel Predict
    TModel Predict
    Egor Manakhov
    TiModel Predict is designed to predict the future market trends. It is developed mainly for intraday trading (М1, М5 and М15), but it works on all timeframes. The indicator does not redraw history and value on a zero bar. It allows you to use the product for developing various strategies. Due to normalizing methods employed, the indicator is capable of working on all markets and instruments. How it works Quotes are used to form models with different dynamic characteristics. They are displayed in
    FREE
    TREND BLACK
    TREND BLACK
    Dmitry Kavyrshin
    TREND DETECTOR An indicator of trend change and strength. The indicator is based on two oscillators: Williams Percent Range (W%R) and Commodity Channel Index (CCI) . A distinctive feature of this indicator is its trend change sensitivity. It gives sound and text Alert message when trend is changing. It works on all currency pairs, time frames, and accounts.
    FREE
    Adv Trade Manager MT4
    Adv Trade Manager MT4
    Mahamad Khairie Izwan Bin Yusli
    Lite Trade Manager MT4 [FREE] Lite Trade Manager is an EA developed to assist your Trading effortlessly. You can do Almost everything that most of Manual Trader has to do it Manually even Some features added which combination of several type of EA. Probably this Lite Version of Trade Manager is one of the best Trade Panel available on the Market . You just need to attach to single chart and you can select or change symbol just thru Trade Panel Only! Download Lite Trade Manager : MT5 Version
    FREE
    Reference Movement
    Reference Movement
    Peter Sulyok
    This indicator shows close to close price movements of the current symbol and an other as a histogram. It visualizes correlation between two symbols to help avoid counterproductive trading, diversify risk, etc. Attach it to the current chart as many times as many correlated symbols you want to take into consideration, and specify them in the OtherSymbol input field. The wide red histogram shows the movements of the reference (other) symbol, and the narrow blue histogram shows the movements of th
    FREE
    Shadow Height mt4
    Shadow Height mt4
    Iurii Tokman
    Shadow Height mt4   Shadow indicator. Displays the size of candlestick shadows, in points, as a histogram. Works in three modes, user-selectable. Description of indicator settings Mode - indicator operation modes, three modes: first height - display mode for upper and lower candlestick shadows; the second difference - the mode of displaying the difference in candlestick shadows, the difference between the upper and lower candlestick shadows; the third superiority is the accumulated difference i
    FREE
    VolumeXover
    VolumeXover
    Muhammad Robith
    This indicator determines minimum volumes needed during a candle formed so that it would be higher than current volume's average. Although you can place MAs on your volume indicator, this indicator has non-repaint characteristic so you may not to worry about sudden volume increase. This indiator also draw volume indicator for its own. Input Description: period: Period used for indicator. Must be higher than 1. Output Description: VolumeXover: This indicator's main feature. During the time the vo
    FREE
    Cosmic Diviner Skyline Levels
    Cosmic Diviner Skyline Levels
    Olena Kondratenko
    Cosmic Diviner Skyline Levels is an author's indicator of support and resistance levels, displays strong trading levels in the order of their importance, provides recommended entry points for Buy and Sell. The indicator is equipped with filters to read current trends and displays the signals for Buy and Sell on two strategies - the strategy of trading in the direction of the trend and the strategy of trading on trend reversals. The displayed levels of support and resistance are at the same time
    79 USD
    Buyers of this product also purchase
    Account Graph MT4
    Account Graph MT4
    Kyra Nickaline Watson-gordon
    An indicator to draw a graph of account current and historical state such as Balance, Equity, Margin, Free Margin, Margin Level, Drawdown, Account Profit, Deposit and Withdrawals. Indicator Inputs : Draw Balance Graph Draw Equity Graph Draw Margin Graph Draw Free Margin Graph Draw Margin Level Graph Draw Drawdown Graph Draw Account Profit Graph Connect Gaps by Lines Sign of DDs on Profit Sign of DDs on Loss Tips : The Indicator will draw historical balance graphs and deposit/withdraw arrows
    60 USD
    Advanced Supply Demand
    Advanced Supply Demand
    Bernhard Schweigert
    CURRENTLY 33% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
    148 USD
    Advanced Currency Strength28 Indicator
    Advanced Currency Strength28 Indicator
    Bernhard Schweigert
    CURRENTLY 26% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthle
    148 USD
    Bruces Price Predictor Dashboard
    Bruces Price Predictor Dashboard
    Bruce Webb
    This is a Dashboard Indicator based on Bruce's Price Predictor Indicator . This Dashboard will Give you a visual to see the trend direction without having to flip through timeframes, so you can always be trading in direction of the trend, with little effort.  I Recommend   www.CoinexxBroker.com  as a great broker and the one I personally use *Non-Repainting Dashboard Arrows *For Desktop MT4 Only *Great For Scalping *Great For Swing Trading *Dashboard Arrow Entry Alerts *Dashboard Arrow Signals
    2 100 USD
    The Fall MT4
    The Fall MT4
    Bruce Webb
    Newly Updated  50% OFF for 24 Hours !  Hurry and Buy Before Price Doubles Today! Join FREE Telegram Channel  https://t.me/joinchat/IWJPxfIhtaBkNjIx   After Purchase Message Me For FREE Trend Filter Tool I Use To Determine Trend Direction *Non-Repainting Indicator "The Fall" is an indicator that shows precise Sell Trades. A great arsenal to add to any chart. It's Best to Use The 15M chart "The Fall" is designed to alert SELLS only. So Of course, Only Take The Arrows In a Downtrend Only For Best R
    50 USD
    Bermaui Pin Bars
    Bermaui Pin Bars
    Muhammad Elbermawi
    Bermaui Pin Bars   Or (BPB) is an indicator that find Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like Hammer, Inverted-Hammer, Hanging Man, Shooting Star, Dragon Fly Doji or Grave Stone Doji. Bermaui Pin Bars indicator find this pattern depending on a formula that can be explained in the next steps: At first BPB calculate the
    50 USD
    FX Power
    FX Power
    Daniel Stein
    You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Power   is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key Features Complete str
    75 USD
    Tiger Ind1
    Tiger Ind1
    Md Tajri Islam Suvo
    Forget nice looking backtests: The Tiger EA is already ahead of the curve! Let's face the truth: The biggest problem with most of the automated trading systems on the market, is that all of them show very nice backtests, but only a handfull actually perform on live accounts. This is very frustrating when you poured your hard earned money into them. (Not to mention the many EA's in the market, that use manipulated backtest results to sell the product... but that's another story.) The origin of th
    199 USD
    Market Steps
    Market Steps
    Jabir Ismaeili
    The Market Steps indicator is designed and built based on Gann Time/Price correlations and optimized by Price Action specific rules for Forex Market. It uses Market order flow concepts to predict potential price zones for high volume of orders.  Indicator Levels can be used for trading itself or as a combination for filtering wrong signals of other Strategies/Indicators. Every trader needs such powerful tool to have multi-time-frame (TF) zones and price movement potentials together on chart. You
    60 USD
    True Direction Oscillator
    True Direction Oscillator
    Muhammad Elbermawi
    Or (TDO)   which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at readi
    60 USD
    Quantum Currency Array Indicator
    Quantum Currency Array Indicator
    QUANTUM TRADING SOFTWARE LIMITED
    This indicator has been developed to identify and display these trends quickly and easily, allowing you to see instantly, those currency pairs which are trending, and those which are not – and in all timeframes, with just one click. The 28 currency pairs are displayed as a fan as they sweep from strong to weak and back again, and this is why we call it the ‘currency array’. All 28 pairs are arrayed before you, giving an instant visual description of those pairs that are trending strongly, those
    197 USD
    Trend Finder For Multi Pair And Multi Time Frame
    Trend Finder For Multi Pair And Multi Time Frame
    ScorpionFX
    (FOR MT4)   Trend Finder Multi Pair And Multi Time Frame :     This indicator has been designed to help find the strongest trends in the forex market, quickly and easily. It simultaneously analyzes the moving averages for all 28 pairs and across 8 time-frames. And then it ranks each pair according to trend-strength. IMPORTANT FACTORS TO KEEP IN MIND: Institutional traders use moving averages more than any other indicator. And trading with the dominant trend is a CRITICAL part of your long term
    79 USD
    Gold Stuff
    Gold Stuff
    Vasiliy Strukov
    Gold Stuff is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. At it indicator work full auto  Expert Advisor EA Gold Stuff. You can find it at my profile. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus!  SETTINGS Draw Arrow - on off. drawing arrows on the chart. Alerts -   on off audible alerts. E-mail notification - on off. email not
    99 USD
    FreqoMaster
    FreqoMaster
    Stanislav Korotky
    The main idea of this indicator is rates analysis and prediction by Fourier transform. The indicator decomposes exchange rates into main harmonics and calculates their product in future. The indicator shows 2 price marks in history, depicting price range in the past, and 2 price marks in future with price movement forecast. Buy or sell decision and take profit size are displayed in a text label in the indicator window. The indicator uses another indicator as an engine for calculations - FreqoMet
    75 USD
    Markov Chains MTF Indicator
    Markov Chains MTF Indicator
    Mustafa Doruk Basar
    Similar idea from the MarkovChains EA is used to create this indicator. With this indicator, you can observe the probability of prices going up for multiple timeframes for up to 5 Markov chains. Unlike the EA version, indicator only looks for ups and downs and counts them with a given number of Markov chains, then prints the probability of prices going up on a table. Indicator shows these probabilities for 5-minute, 15-minute, 30-minute, 1-hour and 4-hour time intervals. You can set where the bu
    100 USD
    Auto OsMA
    Auto OsMA
    Vladimir Mametov
    Auto OsMA Signals  automatically defines the most efficient periods (Fast and SlowEMA period and MACD SMA), during which  the accuracy of the signals on a given chart is at its highest. Depending on a symbol and time period, the accuracy of the indicator signals can reach more than 90%. Determined not only all periods and a combination thereof. Buy and sell signals are formed when changing the direction of the histogram. Period efficiency and signal accuracy values are displayed in the upper lef
    60 USD
    Fibo Retracing Indie
    Fibo Retracing Indie
    Opengates Success International
    FiboRetrace Indicator is a custom indicator for those using Fibonacci indicator for trading. This was created in order to remove limiting rates of Fibonacci indicator since it is default indicator in MT4 software. This will enable the traders to use it independently and without limitation. This is created as an automated Fibonacci indicator that plots itself when a trader attaches it to his chart, it will scan the chart and locate if the trend is an upward trend, it will plot itself the way it s
    65 USD
    Range Exhaustion
    Range Exhaustion
    Robert Gerald Wood
    Range Exhaustion occurs when price meets or exceeds the expected range for the current period. At these levels, price starts to lose its momentum relative to earlier in the period, so its a good point to make sure you are not taking new positions. This indicator will show you where this is likely to happen on your chart, showing levels for Daily, Weekly and Monthly periods. When you see price exceeding these exhaustion levels, it's telling you that the momentum behind the move is very strong an
    60 USD
    FX Volume
    FX Volume
    Daniel Stein
    Following the smart money is finally possible! FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. Get more information, like FAQs, trading ti
    75 USD
    Pivots Dashboard
    Pivots Dashboard
    Nesimeye Oswald
    Pivots Dashboard is the single most complete instruments set for Pivot Points trading currently available in the market. We have done a comprehensive research prior to the product design to make sure that this product meets every need of Pivot Point trading. Pivots Points are significant levels technical analysts can use to determine directional movement and potential support/resistance levels. Pivot Points are thus predictive or leading indicators. While the points were originally used by floor
    79 USD
    Easypippin Collector
    Easypippin Collector
    Peter Francois J Thijs
    Telegram Channel & Group :https://t.me/joinchat/sdHZOjGc9V0xYjQ0 V.I.P Group Access: Send Payment Proof to our Inbox https://easypippin.com/ The Easypippin collector indicator gives u a indication of direction,based on several settings all put together to make it Easy to detect where the market possible is going to. The indicator gives u a X inthebox and a X , if u see them painting together the possible direction is strong. The indicator also can be used as a support and resistence zone.  
    100 USD
    Pairs Arbitrage Correlation
    Pairs Arbitrage Correlation
    Vladimir Tkach
    The cross-correlation indicator calculates the relationship between the specified pairs for the previous period. Automatically selects the instruments with the highest and the lowest correlation, and then simulates trading on the selected pairs on the same test period. Then indicator displays the pairs that have shown the best trading results. Visualizes the PAC (Pairs Arbitrage Correlation) criterion for the pairs selected by the trader. The signal to open trades is set by the PAC levels. When
    50 USD
    Advanced Currency IMPULSE with ALERT
    Advanced Currency IMPULSE with ALERT
    Bernhard Schweigert
    CURRENTLY 39% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and confir
    78 USD
    Williams Dashboard
    Williams Dashboard
    Pablo Mozo Bel
    The Williams Dashboard is an information panel which allows you to have a global market vision through a Williams Percent Range. Williams Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it. Main Features of Williams Dashboard Graphic panel that allows you to know the situation of many assets. 7 Different Williams Percent Range situations to discover when an asset is o
    59 USD
    Holy Renko PRO
    Holy Renko PRO
    Bianca Seara
    About  Holy Renko is a trend identifier capable of identify small and long market movements. This indicator should be use in Renko Charts. VIDEO (information and tips) [HERE] How to install Renko Charts [HERE] Features Developed for Renko Charts Easy to analyze Fast signals Not repaint (when candle close)  Statistics panel Filters false signals Alerts, emails and push notifications  Advantages of Renko Chart Easy to install Easy to analyze Filter out the noise of wicks  Easy identif
    58 USD
    FX Trend
    FX Trend
    Daniel Stein
    You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend   displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
    75 USD
    MACD Currency Meter
    MACD Currency Meter
    Emir Revolledo
    MACD and Currency Strength Meter(2 in 1 indicator) Currently 20% OFF!! When you buy my indicator, you are welcome to join our private group where we discuss strategies and possible setup for the indicator. Contact me to get the private link. MACD is trend indicator which is based one pair and Currency Strength Meter is also a trend indicator based on 28 major and minor pairs. While, MACD-CSM is a MACD indicator that is based on currency strengths of 28 pairs. Signals of MACD-CSM are differ
    110 USD
    Currency Relative Strength
    Currency Relative Strength
    Ziheng Zhuang
    This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  This indicator needs the data of all 28 paris and 9 timeframes. Use the EA Downloadhistory28&9 to download data automatically. --> https://www.mql5.com/en/blogs/post/728216 Reference for calling it in EA :  https://www.mql5.com/en/blogs/post/730961 Inputs  (full scre
    60 USD
    Higher High Higher Close Lower Low Lower Close
    Higher High Higher Close Lower Low Lower Close
    Mark Flint
    The HHHC-LLLC indicator uses candle by candle analysis, based on the principle of trend confirmation from Higher High, Higher Close candles (bullish) and Lower Low, Lower Close candles (bearish). There is no lag, no re-painting, and averaging is not used. HHHC-LLLC helps confirm: market structure and levels - look left to see them line up trends, pullbacks & reversals Bull moves (blue), Bear moves (red) Structure Zig Zags (black dotted lines), for summarizing market moves exhaustion and stalling
    60 USD
    MaxiFinishTrend 2
    MaxiFinishTrend 2
    Stsiapan Kreidzich
    (Today price/2).   All signals. Smart trading system.  Popular indicators give two signals - BUY and SELL, and you have to choose and put Take Profit. Usually it works quickly and the trend goes in your favor, but the indicator is “silent” until the trend change. You miss most of the profit. The first idea of MaxiFinish : give a third signal - GET PROFIT (CLOSE) when the trend line changes the slope or the M15 and M30 stochastics have reached an extremum and the profit began to decline. If, o
    63 USD
    More from author
    PZ Lopez Pressure
    PZ Lopez Pressure
    PZ TRADING SLU
    This indicator anticipates price reversals analyzing bullish and bearish pressure in the market. The buying pressure is the sum of all the accumulation bars over a certain number of days, multiplied by the volume. The selling pressure is the sum of all of the distribution over the same number of bars, multiplied by the volume. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] The indicator ratio gives you a measure of the buying pressure as a percentage of the total ac
    30 USD
    PZ Support Resistance
    PZ Support Resistance
    PZ TRADING SLU
    Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri
    149 USD
    PZ Harmonacci Patterns
    PZ Harmonacci Patterns
    PZ TRADING SLU
    This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci pro
    299 USD
    PZ Trend Trading
    PZ Trend Trading
    PZ TRADING SLU
    Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
    299 USD
    PZ Reversal Fractals MT5
    PZ Reversal Fractals MT5
    PZ TRADING SLU
    This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all k
    FREE
    PZ Harmonacci Patterns MT5
    PZ Harmonacci Patterns MT5
    PZ TRADING SLU
    This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p
    299 USD
    PZ Swing Trading MT5
    PZ Swing Trading MT5
    PZ TRADING SLU
    Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
    249 USD
    PZ Swing Trading
    PZ Swing Trading
    PZ TRADING SLU
    Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
    249 USD
    PZ Day Trading
    PZ Day Trading
    PZ TRADING SLU
    This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It provides suitable SL and TP levels It impl
    299 USD
    PZ Candlestick Patterns
    PZ Candlestick Patterns
    PZ TRADING SLU
    This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continuation patterns The indicator is non-repainting and implements alerts The indicator implements a multi-timeframe dashboard It detects
    99 USD
    PZ ABCD Retracement MT5
    PZ ABCD Retracement MT5
    PZ TRADING SLU
    This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable AC and BD ratios Customizable breakout periods Customizable lines, colors and sizes It
    49 USD
    PZ Day Trading MT5
    PZ Day Trading MT5
    PZ TRADING SLU
    This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels It impl
    299 USD
    PZ Wolfe Waves MT5
    PZ Wolfe Waves MT5
    PZ TRADING SLU
    Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Amazingly easy to trade Customizable colors and sizes Implements perfo
    149 USD
    PZ Support Resistance MT5
    PZ Support Resistance MT5
    PZ TRADING SLU
    Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri
    149 USD
    PZ Pivot Points MT5
    PZ Pivot Points MT5
    PZ TRADING SLU
    This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
    FREE
    PZ Trendlines MT5
    PZ Trendlines MT5
    PZ TRADING SLU
    Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they com
    FREE
    PZ Binary Options MT5
    PZ Binary Options MT5
    PZ TRADING SLU
    This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents
    FREE
    PZ Goldfinch Scalper EA MT5
    PZ Goldfinch Scalper EA MT5
    PZ TRADING SLU
    This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
    FREE
    PZ Inside Bars MT5
    PZ Inside Bars MT5
    PZ TRADING SLU
    This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/are completely contained within the range of the preceding bar. A blue box is
    FREE
    PZ Three Drives
    PZ Three Drives
    PZ TRADING SLU
    This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visua
    FREE
    PZ Pivot Points
    PZ Pivot Points
    PZ TRADING SLU
    This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
    FREE
    PZ Trendlines
    PZ Trendlines
    PZ TRADING SLU
    Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they come
    FREE
    PZ Inside Bars
    PZ Inside Bars
    PZ TRADING SLU
    This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/are completely contained within the range of the preceding bar. A blue box is
    FREE
    PZ Turtle Trading MT5
    PZ Turtle Trading MT5
    PZ TRADING SLU
    The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
    FREE
    PZ Goldfinch Scalper EA
    PZ Goldfinch Scalper EA
    PZ TRADING SLU
    This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
    FREE
    PZ Oscillator MT5
    PZ Oscillator MT5
    PZ TRADING SLU
    This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t
    FREE
    PZ Market Profile
    PZ Market Profile
    PZ TRADING SLU
    The market profile indicator provides with an X-Ray vision into market activity, outlining the most important price levels, value area and control value of the daily trading session. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to understand and use Understand market dynamics easily Automatic timeframe selection Identify zones of trading value and discard others It is useful in all market conditions Effective for any trading strategy It implements three color
    FREE
    PZ Oscillator
    PZ Oscillator
    PZ TRADING SLU
    This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t
    FREE
    PZ Sandwich Bars MT5
    PZ Sandwich Bars MT5
    PZ TRADING SLU
    This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint The indicator could not b
    FREE
    PZ Binary Options
    PZ Binary Options
    PZ TRADING SLU
    This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents
    FREE
    Filter:
    ovest
    24
    ovest 2021.08.22 15:21 
     

    Индикатор PZ correlation представляет информацию о корреляциях между валютными парами во времени в графическом виде, что позволяет мгновенно оценить ситуацию. Спасибо автору, вещь хорошая.

    Valentin Butorin
    3962
    Valentin Butorin 2020.10.03 14:12 
     

    Very helpful. Thanks

    sunnychow
    8692
    sunnychow 2019.12.29 17:35 
     

    User didn't leave any comment to the rating

    Bing Cheng Chen
    203
    Bing Cheng Chen 2018.07.25 13:57 
     

    还行,主要是看货币之间关联性的强弱,做对冲方法上可以尝试。

    QQ:445114213

    关注我的信号:https://www.mql5.com/zh/signals/530849

    ThaiTrader7
    154
    ThaiTrader7 2014.08.23 20:25 
     

    User didn't leave any comment to the rating

    Jeremy Scott
    2542
    Jeremy Scott 2014.07.25 10:49 
     

    User didn't leave any comment to the rating

    Reply to review
    Version 2.2 2020.10.21
    - Recompiled with minor changes