The Historical Correlation tool aims to provide the historical correlation coefficients of up to 10 pairs of user-defined tickers starting from a user-defined point in time.
Users can choose to display the historical values as lines or the most recent correlation values as a heat map.
🔶 USAGE
This tool provides historical correlation coefficients, the...
Heyo fellas,
In today’s dynamic economic landscape, understanding the relationship of market prices to other economical factors like inflation rate is crucial. The Inflation Correlation Indicator is designed to provide traders with a clear visualization of this relationship. By correlating average inflation rates from selected countries with market closing...
The Open Interest Inflows & Outflows indicator focuses on highlighting alterations in the overall count of active contracts associated with a specific financial instrument.
The indicator also includes an oscillator highlighting the price sentiment to use in conjunction with the open interest flow sentiment and also includes a rolling correlation of the open...
Multi-Market Correlation Explorer
The Multi-Market Correlation Explorer (MMCE) is a powerful tool designed to provide insights into the correlations and relative strength of various financial instruments across different markets. This indicator allows traders and investors to assess the intermarket relationships and potential opportunities by analyzing a set of...
This script provides a quick overview of the relative strength and correlation of the symbols in a sector by showing a line chart of the close prices on a percent scale with all symbols starting at zero at the left side of the chart. It allows a great deal of flexibility in the configuration of the sectors and symbols in it. The standard preset sectors cover the...
📊 Quantitative Risk Navigator - Your Financial Performance GPS
Navigate the complexities of financial markets with confidence using the Quantitative Risk Navigator. This indicator provides you with a comprehensive dashboard to assess and understand the risk and performance of your chosen asset.
📈 Key Features:
Alpha and Beta Analysis: Uncover the...
Hello traders!
I am elated to introduce the "Supertrend Multiasset Correlation" , a groundbreaking fusion of the trusted Supertrend with multi-asset correlation insights. This approach offers traders a nuanced, multi-layered perspective of the market.
The Underlying Concept:
Ever pondered over the term Multiasset Correlation?
In the intricate tapestry of...
Clear trend identification is an important aspect of finding the right side to trade, another is getting the best buying/selling price on a pullback, retracement or reversal. Triple Ehlers Market State can do both.
Three is always better
Ehlers’ original formulation produces bullish, bearish and trendless signals. The indicator presented here gate stages three...
K's Reversal Indicator III is based on the concept of autocorrelation of returns. The main theory is that extreme autocorrelation (trending) that coincide with a technical signals such as one from the RSI, may result in a powerful short-term signal that can be exploited.
The indicator is calculated as follows:
1. Calculate the price differential (returns) as the...
The "Robust Bollinger Bands with Trend Strength" indicator is a technical analysis tool designed assess price volatility, identify potential trading opportunities, and gauge trend strength. It combines several robust statistical methods and percentile-based calculations to provide valuable information about price movements with Improved Resilience to Noise while...
Hello!
This script "Cross Correlation" calculates up to ~10,000 lag-symbol pair cross correlation values simultaneously!
Cross correlation calculation for 20 symbols simultaneously
+/- Lag Range is theoretically infinite (configurable min/max)
Practically, calculate up to 10000 lag-symbol pairs
Results can be sorted by greatest absolute difference or...
This indicator visualizes the cumulative percentage changes or returns of 30 symbols over a given period and offers a unique set of tools and data analytics for deeper insight into the performance of different assets.
Multi Asset Performance indicator (also called “Spaghetti”) makes it easy to monitor the changes in Price, Open Interest, and On Balance Volume...
The Advanced Weighted Residual Arbitrage Analyzer is a sophisticated tool designed for traders aiming to exploit price deviations between various asset pairs. By examining the differences in normalized price relations and their weighted residuals, this indicator provides insights into potential arbitrage opportunities in the market.
Key Features:
Multiple...
FIRST, CHANGE SOURCE OF INDICATOR FROM CLOSE TO WHATEVER INDICATOR YOU ARE COMPARING TO PRICE!!!!
Confirming Indicator Validity: By calculating the correlation coefficient between the price and a specific indicator, you can assess the degree to which the indicator and price move together. If there is a high positive correlation, it suggests that the indicator...
This indicator plots the correlation of major markets as an indicator. The major markets covered are the following:
DXY
GC
CL
ES
RTY
ZN
The chart shows all the correlations and cross-correlations of the above instruments plotted together. The user can go in the settings and choose what correlation to see, or if multiple correlations, choose to plot the indicator...
This Linear CC takes into account the log-normal distribution of stock prices and performs Pearson correlation on that data set. It also smoothens the results into an easy to read oscillator, and performs a two-tail t-test on the correlation coefficient data (with a = 0.05) to determine the significance of the coefficients. Significant results are shown in a solid...
Correlation Tracker Indicator
The Correlation Tracker indicator calculates and visualizes the correlation between two symbols on a chart. It helps traders and investors understand the relationship and strength of correlation between the selected symbol and another symbol of their choice.
Indicator Features:
- Correlation Calculation: The indicator calculates...
![EURUSD: Historical Correlation [LuxAlgo]](https://s3.tradingview.com/r/RosFZQsI_mid.png "Historical Correlation [LuxAlgo]")
![BTCUSDT: Open Interest Inflows & Outflows [LuxAlgo]](https://s3.tradingview.com/9/9tt95APp_mid.png "Open Interest Inflows & Outflows [LuxAlgo]")
![BTCUSD: Multi-Market Correlation Explorer [kikfraben]](https://s3.tradingview.com/t/tNiK0HgC_mid.png "Multi-Market Correlation Explorer [kikfraben]")
![SOLUSD: Quantitative Risk Navigator [kikfraben]](https://s3.tradingview.com/m/MDbZHrS4_mid.png "Quantitative Risk Navigator [kikfraben]")
![EURUSD: Cross Correlation [Kioseff Trading]](https://s3.tradingview.com/4/4iriNqgS_mid.png "Cross Correlation [Kioseff Trading]")
![BTCUSDT.P: Multi-Asset Performance [Spaghetti] - By Leviathan](https://s3.tradingview.com/y/yJxpjg0Y_mid.png "Multi-Asset Performance [Spaghetti] - By Leviathan")
