Forex Wiki Trading > FX Ind > Currency Pairs Correlation

Currency Pairs Correlation

  • July 5, 2013
  • Posted by: Forex Wiki Team
  • Category: FX Ind
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Name:
Currency Pairs Correlation
Author: basisforex (2011.06.07 10:12)
Downloaded: 3375
Download:
Currency Pairs Correlation 1
 CurrencyPairsCorrelation.mq4 (3.8 Kb) View

Description:

This indicator is developed to show the average movement of any 2 correlated currency pairs of the same TF.

In case of "EURUSD" and "USDCHF" Green Histogram shows assending trend of the main currency ("EURUSD") and Red Histogram shows a descending trend.

The input parameters:

ActiveLevel and PassiveLevel are used for cutting off the flat and they are subjects of a optimization.

Currency Pairs Correlation 2

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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