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Pair correlation strategy
Source: https://fxcodebase.com/code/viewtopic.php?f=31&t=69920
Forum: 31 · Topic 69920 · 7 post(s)
Pair correlation strategy
Apprentice · Tue May 26, 2020 9:27 am
Based on request. viewtopic.php?f=17&t=69912
Re: Pair correlation strategy
fabio70 · Tue May 26, 2020 10:22 am
Dear Apprentice, thank you for your work. I tried the strategy, but it is missing the instrument 1, the first pair of currencies.
Re: Pair correlation strategy
Apprentice · Wed May 27, 2020 5:26 am
Your request is added to the development list. Development reference 1376.
Re: Pair correlation strategy
Apprentice · Thu May 28, 2020 6:33 am
Re: Pair correlation strategy
fabio70 · Thu May 28, 2020 7:01 am
Dear apprentice,
the idea of the strategy is that to open a position on one pair, there must be a correlation with other two different pairs, as follow: Open a long positionEURJPY when: Price>MA inEURUSD in a specific TF (i.e. H1) and when Price>MA in USDJPYin a specific TF (i.e. H1);
Close the position EURJPY when: Price<MA in EURUSD in a specific TF (i.e. H1) or Price touches the MA and/or when Price<MA in USDJPY in a specific TF (i.e. H1) or pIrce touches the MA.
In the strategy created there is only one pair to correlate with. So, it ‘s missing the instrument 3. If EUR/USD goes up and USD/JPY goes up, EURJPY should go up as well.
Re: Pair correlation strategy
Apprentice · Tue Jun 02, 2020 6:24 am
Your request is added to the development list. Development reference 1407.
Re: Pair correlation strategy
Apprentice · Mon Jun 08, 2020 5:36 am
Pair correlation strategy fabio70.lua
Something like this?