Wednesday, May 17, 2017

Two Currency Pairs Correlation

Two Currency Pairs Correlation


The indicator shows the average movement of any two correlated currency pairs on one timeframe.


The intersection of the two lines (in the case of "EURUSD" (blue line) and "USDCHF" (yellow line)) indicates the uptrend or downtrend.


Input parameters:



  • symbol1 = EURUSD

  • MAPeriod1 = 13

  • MAMethod1 = 0. The possible values: MODE_SMA = 0, MODE_EMA = 1, MODE_SMMA = 2, MODE_LWMA = 3.

  • MAPrice1 = 1. Possible values: PRICE_CLOSE = 0, PRICE_OPEN = 1, PRICE_HIGH = 2, PRICE_LOW = 3, PRICE_MEDIAN = 4, PRICE_TYPICAL = 5, PRICE_WEIGHTED = 6.

  • MaAvg1 = 5. averaging period.

  • MaMet1 = 0. averaging period: MODE_SMA = 0, MODE_EMA = 1, MODE_SMMA = 2, MODE_LWMA = 3.


Two Currency Pairs Correlation

Related posts




  • Multicurrency Analyzer


    Multicurrency Analyzer LED allows for cross-analysis of currency pairs and groups determine the strength of each currency in a given period of time....




  • Forecast Moving average and Emission


    Forecast Moving average and Emission MT4 In the indicator Forecast Moving average and Emission MT4 (FME) calculated four lines. Forecast - This price...




  • Price Increment PRO


    Price Increment PRO Price Increment PRO - A simple, but useful indicator . It shows the relative increase in the price bars, in simple terms: the...




Next posts


No comments:

Post a Comment

VR SIGNAL ANALIZ

VR SIGNAL ANALIZ Advisor for visual analysis signals commerce service provider for a mql5.com terminal MT4. Demo version: VR SIGNAL ANALIZ ...