MT4 Correlation Trader

MT4 Correlation Trader

The Correlation Trader shows the correlation between symbols over a configurable timeframe, e.g. recent H1 bars.

Correlation is measured on a scale from -100 to +100:

  • +100 means that the price movements in symbol A and B have been identical (“positive correlation”).
  • -100 means that the price movements in symbol A and B have been exactly opposite: A went up when B went down, and vice versa (“negative correlation”).
  • 0 means that the symbols have moved independently.

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