Analyzer of correlations
The Expert Advisor alows to calculate the statistical correlations (Pearson linear correlation) between the specified symbols. The results can be represented in 3 variants.
1st variant – statistical correlation between 20 symbols. It shown as a table and looks as follows:
Ticker 1 | Ticker 2 | ... | Ticker 19 | Ticker 20 | |
---|---|---|---|---|---|
Ticker 1 | |||||
Ticker 2 | |||||
... | |||||
Ticker 19 | |||||
Ticker 20 |
2nd variant – correlation between 2 symbols, depending on price type and timeframe:
Price type | M1 | M2 | ... | W1 | MN1 |
---|---|---|---|---|---|
Close price | |||||
Open price | |||||
High price | |||||
Low price | |||||
Median price | |||||
Typical price | |||||
Weighted price |
3rd variant – correlation of 20 symbols depending on timeframe. The number of bars, used for the calculation can be specified for each timeframe. It looks as follows:
M1 | M2 | ... | W1 | MN1 | |
---|---|---|---|---|---|
Tickers pair 1 | |||||
Tickers pair 2 | |||||
... | |||||
Tickers pair 19 | |||||
Tickers pair 20 |
Input parameters (for all variants):
- Timer interval – time interval in seconds (time to update the results).
- Type display – variant (can be one of Type 1, Type 2, Type 3).
- Color [0.9, 1.0], Color [0.8, 0.9), Color [0.7, 0.8), Color [0.6, 0.7), Color [0.5, 0.6), Color [0.4, 0.5), Color [0.3, 0.4), Color [0.2, 0.3), Color [0.1, 0.2), Color [0.0, 0.1), Color (-0.1, 0.0), Color (-0.2, -0.1], Color (-0.3, -0.2], Color (-0.4, -0.3], Color (-0.5, -0.4], Color (-0.6, -0.5], Color (-0.7, -0.6], Color (-0.8, -0.7], Color (-0.9, -0.8], Color [-1.0, -0.9] – colors for different correlations.
1st variant (input parameters):
- Time frame – timeframe for analysis (supported timeframes: 1 Minute, 2 Minutes, 3 Minutes, 4 Minutes, 5 Minutes, 6 Minutes, M10 Minutes, M12 Minutes, M15 Minutes, M20 Minutes, M30 Minutes, 1 Hour, 2 Hours, 3 Hours, 4 Hours, 6 Hours, 8 Hours, 12 Hours, 1 Day, 1 Week, 1 Month).
- Prices – price type, used for the analysis (supported price types:
Close price, Open price, High price, Low price, Median price, Typical
price, Weighted price).
- Length analysis - number of bars, used for the calculation;
- Ticker 1 .. Ticker 20 – any symbols, availiable in MarketWatch window.
2nd variant (input parameters):
- Ticker 01, Ticker 02 – any symbol from Market Watch window.
- Length analysis M1 … MN1 (M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, MN1) – number of bars. used for the calculation for each timeframe.
3rd variant (input parameters):
- Pair 01, Ticker 01 ... Pair 20, Ticker 01 – First symbol (one of 20 symbols).
- Pair 01, Ticker 02 ... Pair 20, Ticker 02 - Second symbol (one of 20 symbols).
- Length analysis M1 … MN1 (M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, MN1) - number of bars, used for the calculation for each timeframe.
Price type:
Price Description Close price Цена закрытия Open price Цена открытия High priceMaximum price of the period Low priceMinimum price of the period Median priceMedian = (high+low)/2 Typical priceTypical = (high+low+close)/3 Weighted priceWeighted = (high+low+close+close)/4
Timeframes:
Timeframe Description Timeframe Description Timeframe Description M1 1 minute M2 2 minutes M3 3 minutes M4 4 minutes M5 5 minutes M6 6 minutes M10 10 minutes M12 12 minutes M15 15 minutes M20 20 minutes M30 30 minutes H1 1 hour H2 2 hours H3 3 hours H4 4 hours H6 6 hours H8 8 hours H12 12 hours D1 Daily (1 day) W1 Weekly (1 week) MN1 Monthly (1 month)