Check The Correlation

DAX index of German listed sharesFXCM

描述

⋅ 2016年12月15日上午9點38分

Check the correlation of different assets on your preferred timeframe to find trends, patterns, new strategies or to minimize the exposure in correlated assets

correlation

評論

RCP_

⋅ 2016年12月15日下午12點59分

beautiful script :-)

UmarAbdurRehman

⋅ 2018年4月7日早上5點10分

Hey, nice work. Can you send pinescript code for comparing XAUUSD and DXY? Thanks.

gianfranco60

⋅ 2016年12月15日下午2點39分

Can I change the asset (es, XAUUSD, XAGUSD etc.)

AleksanderThor

⋅ 2016年12月15日下午2點44分

@gianfranco60, Sure, just type the tickers in field instead of "EURUSD", "USOIL" etc. Otherwise if you want to check the correlation of only Gold and Silver while checking another asset you can use the following script:

study("Correlation")

res=input(defval="D",type=resolution, title="Timeframe")
length=input(defval=20,minval=2,type=integer,step=1, title = "Number of bars back")

Ticker1 = input("XAGUSD")
Ticker2 = input("XAUUSD")

T1=security(Ticker1, res, close[0])
T2=security(Ticker2, res, close[0])

cor=correlation(T1,T2,length)

plot(cor,color=blue,linewidth=1,transp=0)

hline(.80,linewidth=1)
hline(0.0,linewidth=1)
hline(-.80,linewidth=1)