L_Correlation
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The calculation of correlation coefficient between two quotes charts of two currency pairs is performed (between the currency pair to whose chart the indicator is attached and the pair specified in the parameters of the indicator). The followings are displayed in the indicator’s window:
Mode = 0, 1, 2 – the parameter that determines the exact property of the price chart the correlation will be calculated for (0 – for the close price of the bar, 1 for the differnece between the open and the close prices, 2 – for the relation between the close price and the maximum price of the bar). Pair = “USDCHF”, “EURUSD”… – a currency pair the correlation coefficient is to be calculated for. FontName = “Verdana” – the font the average value of the correlation coefficient is displayed with. 