Correlation Coefficient Modified

١٧ أبريل ٢٠٢٠

This indicator is based on correlation coefficient (CC).
It improves upon CC by smoothing it out using an sma.
The result is a much smoother and much more accurate reflection between the correlation of 2 instruments.

٢٥ يوليو ٢٠٢٠

ملاحظات الأخبار

1. yellow to orange
2. Area to columns

٢٦ يوليو ٢٠٢٠

ملاحظات الأخبار

blue - weak correlation*
yellow - moderate correlation*
red - strong correlation*

*Positive or negative

١٢ نوفمبر ٢٠٢١

ملاحظات الأخبار

Changed default settings from (3,100) to (2,500)... improves accuracy!
Added indicator level lines...to improve visuals, makes it easier to see how close to the 30 level the indicator is.
;)