OPEN-SOURCE SCRIPT
Telah dikemas kini

Correlation Coefficient Modified

1 448
This indicator is based on correlation coefficient (CC).
It improves upon CC by smoothing it out using an sma.
The result is a much smoother and much more accurate reflection between the correlation of 2 instruments.
Nota Keluaran
1. yellow to orange
2. Area to columns
Nota Keluaran
blue - weak correlation*
yellow - moderate correlation*
red - strong correlation*

*Positive or negative
Nota Keluaran
Changed default settings from (3,100) to (2,500)... improves accuracy!
Added indicator level lines...to improve visuals, makes it easier to see how close to the 30 level the indicator is.
;)

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.