INVITE-ONLY SCRIPT

Correlated Markets

This indicator is free to all Oasis Trading Group members.

This indicator reads correlations between two symbols of your choice, and displays 4 correlations at the same time.
The upper and lower thresholds are user-definable, alerts and visual indications are given when the line crosses the level.

This indicator uses a correlation coefficient which ranges between -1.0 and +1.0.
A correlation of +1.0 implies a perfect correlation while -1.0 implies the two pairs are in complete opposition.

This is useful not only in Forex trading but also for managing or diversifying your portfolio or for finding patterns,
for example when two Forex pairs move independently or an altcoin splits from BTC .

A circle on the +1 line will display for a positive correlation (or whatever you set the threshold to and vice versa for the -1 line.
Alerts are also available for each correlation pair.

For Access or Questions: Private message us. Thank you.
AUDEURBTCUSDEURUSDGBPJPYGBPUSDGoldOscillatorsSilverSPDR S&P 500 ETF (SPY) Trend AnalysisUSDJPY

Skrip jemputan sahaja

Akses ke skrip ini adalah terhad kepada pengguna yang diberikan akses oleh penulis dan kebiasaannya memerlukan pembayaran. Anda boleh menambahkannya kepada senarai kegemaran anda, tetapi anda hanya dapat menggunakannya setelah meminta izin dan mendapatkannya dari penulis. Sila hubungi OasisTrading untuk lebih maklumat atau rujuk arahan penulis seperti di bawah.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Arahan penulis

Ingin menggunakan skrip ini pada carta?

Amaran: sila baca sebelum memohon akses.

Penafian