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IndCorrelationTable

IndCorrelationTable

Ind Correlation Table - designed to help a trader trading in the Forex market using the method based on the correlation dependence of currency pairs. The correlation dependence between two instruments is calculated through the coefficient of K. Pearson and C. Spearman. The main function of the table is to output a formalized signal about the possibility of opening a "basket" of transactions in accordance with pre-set parameters, as well as the direction of transactions in accordance with the strategy. If it is necessary to notify other devices, the signal can be duplicated via push notifications, as well as via e-mail.

Application:

  1. Calculation of the correlation coefficient (the conversion is carried out at the closing of the candle).
  2. To work in the input parameters of the indicator, the recommended threshold values ​​have already been set.
  3. To increase the number of signals, you can apply a table on several timeframes simultaneously (recommended timeframes from M15 to H1).


Indicator parameters

  • Symbols (1,2,3) - lists of baskets of currency pairs (restriction on the number of entered baskets in one list 17).
  • TimeFrame - timeframe.
  • PeriodPearson - the period value for calculating the Pearson coefficient.
  • PeriodSpearmen - the period value for the Spearman coefficient calculation.
  • NegativeCorrelationLevel - threshold value of negative correlation.
  • AddPrice - calculation parameter.
  • RsiPeriod is the period of the RSI indicator.
  • DeltaRsiPearson - delta indicator RSI, threshold value for "Alerta" through Pearson's calculation.
  • DeltaRsiSpearman - delta indicator RSI, threshold value for "Alerta" through Spearman's calculation.
  • DeltaRsi - delta indicator RSI, threshold value for color change.
  • CointegrationLevel - delta indicator Cointegration, the threshold value.
  • UseAlert - output "Alerta" on the screen.
  • UseSendMail - send "Alerta" to e-mail.
  • UseSendNotification - sending Push notifications to mobile devices.
  • TemplateName - the name of the called template with preinstalled software.
If all threshold values ​​of one of the calculations (on a tick) are exceeded, the basket name changes color (signal to enter the market). When all thresholds of one of the calculations (on a closed bar) are exceeded, a signal is input to enter the market (alert via "Alert").
    PS Calling of two charts of currency pairs is carried out by hovering over the name of the basket of currencies and pressing the left mouse button simultaneously with the pressed "Ctrl" key. The template should be placed in the "Files" folder.


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    Vasiliy Strukov
    5 (14)
    Trend Tarayıcı, Çoklu Semboller ve Çoklu Zaman çerçevelerinden piyasa trendlerini tarar ve bunu grafikteki hareketli bir panelde görüntüler, analiz için Altın madde göstergesini kullanır Özellikler uyarıları ve e-postayı ve anında bildirimleri içerir. Tüccar, görüntüleme için kendi seçtiği birden fazla çifti seçebilir. Trend Tarayıcı, trendin yönünü görmek için harika bir araçtır ve trende göre yalnızca alım veya satım emirlerine izin vererek manuel alım satım veya EA alım satımı için kullanıla
    Bill Williams Advanced
    Siarhei Vashchylka
    5 (3)
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    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
    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"
    Trade Assistant MetaTrader System  — a multi-timeframe system that is based on three standard indicators:   Stochastic oscillator ,   RSI   (Relative Strength Index), and   CCI   (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. Input parameters CheckCandl
    Professional Scalping Tool on Deriv Attention! The indicator will be sold in limited quantities!!! Description: This trading indicator is designed for professional traders focused on scalping. Designed with the market in mind, it provides highly accurate spike trading signals. It works on the M1 timeframe and supports the following symbols: Boom 300 Index, Boom 500 Index, Boom 1000 Index, Crash 300 Index, Crash 500 Index, Crash 1000 Index. Functional Features: - Direction: - Trading is ca
    A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Reversal First Impulse levels (RFI)   -  Version MT4                  INSTRUCTIONS                 RUS                 ENG                         R ecommended to use with an indicator   -  TREND PRO  
    VTrende Pro
    Andrii Diachenko
    5 (1)
    VTrende Pro - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-2 waves
    IVISTscalp5
    Vadym Zhukovskyi
    5 (3)
    We present you the iVISTscalp5 indicator, which is not only unique, but also effective in the analysis of trading operations. This indicator is based on time data and is the result of many years of experience and deep analysis of financial markets. The iVISTscalp5 indicator is an excellent assistant for manual trading. Convenience, simplicity and visualization. All the most difficult is hidden inside. We have simplified the settings and use of the iVISTscalp5 indicator as much as possible. The i
    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
    SMCpro MT5  Original Price  $440   ---  Currently Price  40% OFF  ( for unlimited use ) Hello World! Introducing.. SMCpro tool and Indicator for  MetaTrader 5 , a cutting-edge feature designed to revolutionize your trading experience. With innovative ICT Smart Money Concept, you gain unparalleled insight into market dynamics, empowering you to make informed trading decisions like never before. Built on the foundation of advanced algorithms and real-time data analysis, SMCpro tool and Indicat
    [ MT4 Version ] Backtesting Simulator Are you tired of spending months on demo or live accounts to test your trading strategies? The Backtesting Simulator is the ultimate tool designed to elevate your backtesting experience to new heights. Utilizing Metatrader historical symbol information, it offers an unparalleled simulation of real market conditions. Take control of your testing speed, test ideas quickly or at a slower pace, and witness remarkable improvements in your testing performance.
    Yazarın diğer ürünleri
    Calculation panel has been developed to aid in Forex trading using a method based on correlation dependence of currency pairs. The panel implements: Due to the fact that the working instruments of the "basket" have an equal volatility and pip values, the panel provides automatic calculation of the second instrument's lot size. To analyze the relative divergence of two currency pairs, the information based on the RSI indicator values (in percentages) are shown on the panel. Information on swaps o
    Версия 2.0 2018.10.20 1. Добавлен расчет коэффициента ранговой корреляции Спирмена. 2. При наведении курсора на показатель таблицы появляется всплывающая подсказка (Расхождение RSI, направление сделок, информация о свопе). Table of currency pairs - разработана в помощь трейдеру торгующему на рынке Форекс по методу основанному на корреляционной зависимости валютных пар. Корреляционная зависимость между двумя инструментами рассчитывается через коэффициент К. Пирсона. Основная функция таблицы -
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    Sürüm 4.0 2018.10.21
    Оптимизировано потребление ресурсов
    Sürüm 3.0 2018.09.09
    Обновление версии до 3.0
    Sürüm 2.0 2018.09.09
    Обновленная версия