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Correlation Matrix for MT4

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igorad
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Posts: 314
Joined: Mon Jun 06, 2022 8:19 am
Location: Ukraine

Correlation Matrix for MT4

The CorrelationMatrix indicator for MT4 was posted here. This indicator allows to plot matrix for:
  • forex pairs
CorrelationMatrix_v1.1 forex.png
  • Indices
CorrelationMatrix_v1.1 indices.png
  • or stocks
CorrelationMatrix_v1.1 stocks.png

Also you can use the pre-smoothed price using the AllAverages indicator. Plus there are alerts for correlation crossovers with important negative/positive levels.
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