Pearson correlation indicator shows the correlation between symbols.

Input parameters:

• Symbol               - Name of the second symbol, used for calculation of correlation;
• Period                - Period;
• Price                  - Applied price;
• Min correlation  - Gradient color for weak correlation;
• Max correlation - Gradient color for strong correlation.

Formula:

where:

• xi and yi - time series;
• n - number of data;
• σx and σy - standard deviations.