Correlation EAs, indis, scripts & libraries

Correlation Gaps Trading AUDJPY CADJPY NZDJPY – script MetaTrader 4

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Correlation Gaps Trading AUDJPY CADJPY NZDJPY - script for MetaTrader 4
Watch for gaps in the correlation between two trading instruments and trade one pair against the other. It is advisable not to leave the trading unattended. Stop loss and take profit orders are not advisable since one pair trades against the other. Close profit and wait for new opportunities. Close loss or hedge it against

Correlation – indicator MetaTrader 4

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Correlation - indicator for MetaTrader 4
The indicator calculates the correlation of the currency pairs. Input Parameters: extern string OtherChart=”EURUSD”; extern int n=20; extern bool UseOpen=true; extern bool UseClose=false; extern bool UseHigh=false; extern bool UseLow=false; extern int CalcBars=400;Example with USDCHF and EURUSD: Correlation Correlation – indicator MetaTrader 4

Price prediction by Nearest Neighbor found by a weighted correlation coefficient – indicator MetaTrader 5

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Price prediction by Nearest Neighbor found by a weighted correlation coefficient
The main disadvantage of the classical Nearest Neighbor algorithm (see an examplary implementation in is that all prices within a pattern are treated equally. In other words, it assumes that older prices have the same effect on future as newer ones. To overcome this drawback, this version of the nearest neighbor indicator gives larger weights

Currency Pairs Correlation – indicator MetaTrader 4

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Currency Pairs Correlation - indicator for MetaTrader 4
This indicator is developed to show the average movement of any 2 correlated currency pairs of the same TF. In case of “EURUSD” and “USDCHF” Green Histogram shows assending trend of the main currency (“EURUSD”) and Red Histogram shows a descending trend. The input parameters: ActiveLevel and PassiveLevel are used for cutting off the flat

Spearman’s Rank Correlation – indicator MetaTrader 5

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Spearman's Rank Correlation - indicator for MetaTrader 5
Real author: Rosh Spearman’s Rank Correlation is a non-parametrical method used for statistical analysis of the correlation. Practical calculation of the Spearman’s Rank Correlation ratio includes the following steps: An index number (a rank) must be assigned to each of the parameters in ascending (or descending) order; The differences of each pair ranks of the

MFCS Currency Correlation Chart – indicator MetaTrader 5

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MFCS Currency Correlation Chart
An indicator to put correlated currency charts on a given currency chart. It shows only bars currently. Color/monochrome mode is configurable. It also supports currency inversion for handling EURUSD & USDCHF like pairs. Using the indicator: Find currency correlation and make list of pairs of your interest. e.g. EURUSD, GBPUSD, USDCHF, EURJPY Select a primary

Ultra Spearman Rank Correlation – indicator MetaTrader 5

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Ultra Spearman Rank Correlation indicator
This indicator is based on values of the several signal lines of  SpearmanRankCorrelation indicator. The signal lines calculation algorithm looks as follows. The input parameters contain rangeN – averaging period; The set of the signal lines is calculated using the arithmetic progression formula: SignalPeriod(Number) = StartLength + Number * Step The value Number variable vary

Currency Correlation – indicator MetaTrader 4

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correlate
The indicator plots the correlation(strength) between eight currencies and Gold.  Select one of the following indicators for calculation: Moving Average Moving Average Convergence/Divergence Stochastic Oscillator Relative Strength Index Commodity Channel Index Relative Vigour Index DeMarker Momentum Money Flow Index Currency Correlation – indicator MetaTrader 4

Currency Correlation II – indicator MetaTrader 5

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Currency Correlation II - indicator for MetaTrader 5
The indicator plots the correlation between eight currencies and Gold. Select one of the following indicators for calculation: Moving Average Moving Average Convergence/Divergence Stochastic Oscillator Relative Strength Index Commodity Channel Index Relative Vigour Index DeMarker Oscillator Momentum Index Triple Exponential Index Money Flow Index Currency Correlation II – indicator MetaTrader 5