In this small indicator I make it possible for the user to set two different input sources. Then, the indicator displays the correlation of these two input sources. It's a very small script, but I think it could be helpful to somebody to find uncorrelated indicators for his trading strategy. To use uncorrelated indicators is in general recommended.
Enjoy this small, but powerful tool. 🧙♂️
Enjoy this small, but powerful tool. 🧙♂️
Versionshinweise:
Removed two unnecessary input fields
Reworked visualization
Reworked visualization
Versionshinweise:
Added back the inputs I removed before, because it must be there in order to ensure that the input data is correctly aligned.
Restyled the plot
Restyled the plot