OPEN-SOURCE SCRIPT
已更新 Pearson Correlation [Mr_Rakun]

Pearson Correlation
This script calculates the Pearson correlation coefficient (r) between the closing price of the current asset and another selected asset.
🔍 How It Works:
• The user selects a correlation period (default: 20) and a symbol (default: ETH/USDT).
• The script retrieves the closing prices of both assets.
• The Pearson correlation formula is applied:
r = \frac{n(\sum xy) - (\sum x)(\sum y)}{\sqrt{[n\sum x^2 - (\sum x)^2][n\sum y^2 - (\sum y)^2]}}
• The correlation is plotted as a histogram:
• +1 (green line) → Perfect positive correlation
• -1 (red line) → Perfect negative correlation
• 0 (gray line) → No correlation
📊 Why Use This?
This indicator helps traders identify relationships between assets, such as whether two markets move together or inversely. It is useful for hedging strategies, portfolio diversification, and market comparisons.
This script calculates the Pearson correlation coefficient (r) between the closing price of the current asset and another selected asset.
🔍 How It Works:
• The user selects a correlation period (default: 20) and a symbol (default: ETH/USDT).
• The script retrieves the closing prices of both assets.
• The Pearson correlation formula is applied:
r = \frac{n(\sum xy) - (\sum x)(\sum y)}{\sqrt{[n\sum x^2 - (\sum x)^2][n\sum y^2 - (\sum y)^2]}}
• The correlation is plotted as a histogram:
• +1 (green line) → Perfect positive correlation
• -1 (red line) → Perfect negative correlation
• 0 (gray line) → No correlation
📊 Why Use This?
This indicator helps traders identify relationships between assets, such as whether two markets move together or inversely. It is useful for hedging strategies, portfolio diversification, and market comparisons.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。