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IQ FX Correlation Matrix

Exclusive Limited Time Offer! Grab this powerful indicator for a lifetime at just $65.

Open the power of precise decision-making with our revolutionary product, FX Correlation Matrix. This indicator is your key to understanding multiple FX currency pairs' positive and negative correlations at a glance, providing valuable insights to elevate your trading strategies.

Indicator Features:

Multiple-Frame Multi-Currency Dashboard:

Displays 10 multiple currency pairs positive and negative correlation percentages simultaneously. Highlights the most positive and negative correlation percentages.

5 PC Activation for Multiple Brokers:

Enjoy the flexibility of using the Correlation Matrix on up to 5 different PCs across various brokers, ensuring seamless integration with your preferred trading platforms.

Eye-Pleasing Aesthetic Design:

Immerse yourself in a visually appealing dashboard that not only delivers crucial information but also enhances your overall trading environment.

User Convenience:

Experience ease of use with the ability to drag, move, and minimize the dashboard effortlessly. Change symbols and timeframes directly from convenient drop-down lists.

Adaptable Dashboard Sizes:

Tailor the dashboard to your preferences with multiple size options, ensuring compatibility with various monitor sizes, including HD and 4K monitors.

Indicator Settings:

Correlation Period: 20 (Default) (max 50 & min 20)

Change Indicator Size:

  • Default (SD)
  • 125% (HD)
  • 150% (Full HD)
  • 200% (4K)

Indicator Strategy:

Indicator shows how currencies are related.

Positive currency correlation means two currencies move in the same direction. For example, if EURUSD and GBPUSD have 80% positive correlation, and EURUSD goes down, GBPUSD also goes down like EURUSD 80% of the time.

Negative currency correlation means two currencies move in opposite directions. For example, if EURUSD and USDJPY have 80% negative correlation, and EURUSD goes up, USDJPY goes down 80% of the time.

Indicator Troubleshooting:

Issue with symbol order:

Symbols are displayed in reverse order and not starting from the first ten of the market list.

Solution: 

This issue can differ from one broker to another. To address this, prioritize the symbols you frequently use for trading by placing them at the top of the Market Watch section. Conceal any unnecessary symbols to enhance indicator performance.

Loading data correctly on Indicator:

  • Load all desired symbols in your market watch before applying the indicator.
  • Ensure MetaTrader historical data is loaded for the chosen symbols in the chart.
  • If encountering "Data not synchronized" issues, allow 5-10 minutes for your terminal to load, ensuring a seamless experience.

How to Do a Visual Backtest with Our Indicator:

Step 1: Download the entire history center database first. Press shortcut key F2 to access the History Center.

Step 2: Click on the download button.

Step 3: After the download completes, close, and restart the metatrader.

Possible Issues with Backtesting:

Problem 1:

You see a message that says "Waiting for update" on the chart while backtesting.

Solution:

This means that you don't have enough data or poor internet connection. To avoid this, make sure you download the full History Center data as explained above.

Problem 2:

Metatrader freezes during backtest.

Solution:

This also happens because of insufficient data or bad internet connection. Fix internet connection before starting and follow the steps again.

Contact us:

For any issues, bug reports, or suggestions, feel free to contact us, comment on the product page, or DM us. Your feedback is crucial for an exceptional experience.

Service Limitation:

It is requested that purchases must be refrained from if the buyer is from India, Bangladesh, or Pakistan, as developer support for these regions is unavailable due to legal restrictions.

Risk Disclosure:

Our indicator doesn't guarantee future profits or losses. Trade responsibly, understanding that IntraQuotes or program developer is not liable for any incurred losses or the precision of signals. Our product serves as visual guidance, adding value to informed trading decisions.

Copyright © INTRAQUOTES a brand of Taracode International.

Related to:

Trend analysis, multiple timeframe trend analysis, candlestick charts, bar chart, trend dashboard, scalping, day trading, position trading, swing trading, trade following, trend riding, indicator, trend following, trend reversal, MetaTrader software, currency pairs, market analysis, chart window, mobile alert, trading strategy, multiple timeframe, dashboard, 4K monitors, currency correlation dashboard.


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The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolute visualizations. Lay
Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta.   Con solo un gráfico, da Alertas para los 28 pares de divisas.   ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en   nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar   operaciones potenciales . Esto se d
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
IX Power MT5
Daniel Stein
5 (2)
IX Power   lleva por fin la insuperable precisión de FX Power a los símbolos que no son de Forex. Determina con exactitud la intensidad de las tendencias a corto, medio y largo plazo de tus índices, acciones, materias primas, ETF e incluso criptodivisas favoritas. Puede   analizar todo lo   que su terminal le ofrece. Pruébalo y experimenta cómo   tu timing mejora significativamente   a la hora de operar. Características principales de IX Power Resultados de cálculo 100% precisos y sin rep
Golden Gate Algo MT5
James David Lane
4 (6)
¡40% DE DESCUENTO PARA NAVIDAD! ¡AUMENTO DE PRECIO A $250 EL 1 DE ENERO! Presentamos GoldenGate Entries: ¡Una Solución de Trading de Vanguardia! Descubre un enfoque revolucionario para el trading con GoldenGate Entries (GGE), un indicador avanzado diseñado para elevar tu experiencia de trading. GGE proporciona un conjunto completo de características para capacitar a los usuarios con precisión y confianza en sus decisiones comerciales. Pares: Cualquiera (FX - Materias primas - Acciones - A
If you want to find good trading opportunities, then you must trade near the Trend Line. This allows you to have a tighter         stop loss   on your trades — which improves your       risk to reward . But that’s not all… Because if you combine Trend Line with Support and Resistance, that’s where you find the best trading opportunities. Now you might wonder: “So when do I enter a trade?” Well, you can use reversal     candlestick patterns   (like the   Hammer, Bullish Engulfing, etc.) as your e
Boom and Crash Spike Detector v1.0 Boom and Crash spike detector prints Down non repaint Arrow for catching crash spikes and Up non repaint arrow for catching boom spikes.  It is suitable for 1M time frame for majorly crash500 and Boom 500.  When the Red arrow prints in a red zone moving averages, it indicates high probability of crash spikes downwards, likewise, blue arrow printing in a blue zone of moving average, it indicates high probability of boom spikes.  Its pretty straight forward since
Bill Williams Advanced
Siarhei Vashchylka
5 (3)
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
TrendMaestro5
Stefano Frisetti
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data and therefore the mome
VJ Sniper MT5
Vijayaratna Kumar Boda
VJ Sniper - MT5 Buy / Sell Indicator:   This Indicator is as simple as Buy in Up Trend & Sell in Down Trend.                                                           There are Support / Resistance Graphic levels for choosing the best Entries. Background:   Any in-built indicator of MT5 does not work as stand alone such as Stochastic, CCI or DeMarker etc. But combination of them with trend projection work & give the best results for Trading entries. So this Indicator is blended to give the best
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Versión 1.1 2024.05.01
- Refined layout design enhances user interaction and experience.
- The indicator now presents 10 symbols from Marketwatch to calculate and compare correlation.
- The indicator's architecture has been streamlined for maximum space utilization and efficiency.
- Enhanced indicator speed and performance deliver unmatched functionality.
- Upgraded display compatibility for high-resolution monitors ensures crisp and clear visuals.
- Bug fixed.