OPEN-SOURCE SCRIPT
Synergy Stats
Synergy Stats
This indicator is intended to complement the Synergy indicator. It provides the following statistics:
Both indicators were developed for use in an investigation/tutorial using Pine Script to analyse Gold and US Dollar Index correlation.
The full free post can be found here: https://backtest-rookies.com/2018/12/21/gold-correlation-strategies-change-indicator-and-analysis/
This indicator is intended to complement the Synergy indicator. It provides the following statistics:
- A percentage showing how often the two assets move in the opposite direction over a given lookback period.
- Similarly, another percentage showing how often the two assets move in the same direction over the same lookback period.
- Count the number of times (occurrences) when the two assets move in the same direction for more than 4 bars.
- Count the number of times the alternative asset moves more than x%
- Count the number of times that chart asset moved in the same direction of the alternative asset when the alternative asset moved more than x%
Both indicators were developed for use in an investigation/tutorial using Pine Script to analyse Gold and US Dollar Index correlation.
The full free post can be found here: https://backtest-rookies.com/2018/12/21/gold-correlation-strategies-change-indicator-and-analysis/
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.