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Indicator for MetaTrader
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Currency Pairs Correlation Indicator
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Age 3+
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level: Beginner
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English
Author's Instructions
The Currency Pairs Correlation Indicator is a tool in MetaTrader 5 Indicator that helps with various Trading Strategies. Correlation refers to the relationship between two currency pairs and indicates how the price of one pair moves in reaction to the changes in another.
This indicator allows users to input two currency pairs for correlation comparison in the settings and view the results as green and red histograms on the chart.
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-
Indicator for MetaTrader
-
Currency Pairs Correlation Indicator
-
Age 3+
-
level: Beginner
-
English
Author's Instructions
The Currency Pairs Correlation Indicator is a tool in MetaTrader 5 Indicator that helps with various Trading Strategies. Correlation refers to the relationship between two currency pairs and indicates how the price of one pair moves in reaction to the changes in another.
This indicator allows users to input two currency pairs for correlation comparison in the settings and view the results as green and red histograms on the chart.