Currency Pairs Correlation – indicator MetaTrader 4

September 9, 2024March 5, 2024 by

This indicator is developed to show the average movement of any 2 correlated currency pairs of the same TF.

In case of “EURUSD” and “USDCHF” Green Histogram shows assending trend of the main currency (“EURUSD”) and Red Histogram shows a descending trend.

The input parameters:

ActiveLevel and PassiveLevel are used for cutting off the flat and they are subjects of a optimization.

Currency Pairs Correlation – indicator MetaTrader 4

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