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Corelation Indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=64609
Forum: 17 · Topic 64609 · 9 post(s)
Corelation Indicator
Apprentice · Wed Apr 19, 2017 4:16 pm
Based on request. viewtopic.php?f=27&t=64606&p=112068#p112068 Corelation= Multiplier*“EUR/CHF” -(“EUR/USD” * “USD/CHF”))
The indicator was revised and updated
Re: Corelation Indicator
sebgautier49 · Wed Apr 26, 2017 6:12 am
Is it possible to have the same indicator with a 1 minute timeframe ?
Thanks a lot
Sébastien
Re: Corelation Indicator
Apprentice · Wed Apr 26, 2017 7:31 am
Only if you chart time frame is “m1” If you want a lower time frame, Presentation as this is needed. viewtopic.php?f=17&t=64620
Re: Corelation Indicator
sebgautier49 · Wed Apr 26, 2017 7:39 am
I just need the same indicator with timeframe 1 minutes . I don’t need lower
Thanks a lot
sébastien
Re: Corelation Indicator
Apprentice · Wed Apr 26, 2017 10:11 am
You can have “m1” time frame only if you chart time frame is “m1” If you chart time frame is “m5” or Higher, this is not possible.
Can write indicator like this viewtopic.php?f=17&t=19743&p=107509&hilit=lower+time+frame#p107509 or viewtopic.php?f=17&t=64620
Re: Corelation Indicator
sebgautier49 · Wed Apr 26, 2017 11:48 am
Thanks for your explanation. Now I know how tu use it.
I have a new question. What must I do if I want to automize the trading ? Can I put the algorithm here ?
Thanks for your help.
Sébastien
Re: Corelation Indicator
Apprentice · Thu Apr 27, 2017 3:23 am
Yes, Describe your strategy logic here. Or post it here. viewforum.php?f=27
Re: Corelation Indicator
sebgautier49 · Thu Apr 27, 2017 1:59 pm
Ok I will try to explain the strategy :
IF “corelation indicator” >= “15” AND Open position <=12 BUY EUR USD and BUY USD CHF and SELL EUR CHF (at the same time) When “correlation indicator <=”-0.5” CLOSE all positions OR
IF “corelation indicator” <= “-15” AND Open position <=12 SELL EUR USD and SELL USD CHF and BUY EUR CHF (at the same time) When “correlation indicator >=”0.5” CLOSE all positions
I hope it is clear
Thanks
Sébastien
Re: Corelation Indicator
Apprentice · Thu Apr 27, 2017 5:12 pm
Try this version. viewtopic.php?f=31&t=64623