correlation

alexgrover Wizard

Logistic Correlation is a correlation oscillator using a logistic function. A Logistic Function is a Sigmoid Function who stabilize the variance of data.The logistic function have the same function as the inverse fisher transform but with an advantage over it, the k constant can control the steepness of the curve, lowers k's will preserve the original form of...

DonovanWall Wizard Aktualisiert 

This study is an experiment in adaptive filtering. The process in this study was inspired by KAMA and ZLEMA filtering techniques. First, data is given an optional modification for lag reduction. Then, an adaptive filter of your choice is calculated. There are 6 different adaptive filters to choose from in this study: -Commodity Channel Index Adaptive Moving...

lvturner

A simple script to display how correlated the current ticker is to Bitcoin. Inputs are the number of bars to check correlation for (default 10) and the the ticker to use for BTC comparison (default is BITFINEX:BTCUSD) Values of 1 are highly correlated (i.e. bitcoin moves up, so does your current ticker), values of -1 are inversely correlated (i.e. bitcoin moves...

conradbr

Fundamentals The idea for this script is based on Fundamentals. I wanted to verify the strength/weakness of the US dollar against other major economies This will keep me on the right side of the "trend" .. bullish or bearish ? In short, because Fundamentals Analysis are reflected via economic updates which influences what the price will be doing for the next...

BacktestRookies Wizard

The code in contains a simple correlation indicator that can be used as an alternative to Tradingview’s built-in “Correlation Coefficient” indicator. The indicator allows users to correlate up to 3 separate instruments on the same subplot. This allows you, for example, to easily see the correlation of your instrument with stocks, bonds and FX. Alternatively, a...

ohenrik

Simple correlation indicator

DonovanWall Wizard

This is a simple study designed to visualize price correlation coefficients between multiple securities.

DonovanWall Wizard Aktualisiert 

This is a simple study designed to visualize price correlations between securities.

mcbw_

This is a pretty simple indicator, it measures the momentum of bitcoin as compared to usd,eur,eth,dash, and ltc, which you can see in all of the blue lines. If the red line is above zero then it means the overall value of btc is going up, opposite for down. The Ema_window controls how smooth the signal is. If you shorten the Ema_window parameter and open this on...

RyanMartin Aktualisiert 

This script is very much beta! This is a simple script to visualize how two symbols move in relation to each other. For example if the underlying symbol is a 2x Gold ETF (meaning the ticker moves at 2x the spot price of gold---if gold goes up 3% this ticker should go up 6%) and the comparison symbol is an 2x inverse gold ETF (at gold up 3% this should move down...

OlgaObara

Graph shows level of correlation between current source and another one and track current value of it. User can select source for comparison, graph period and number of candles for calculation, enter level of significal correlation (+-0.65 by default). Grapf contains 4 plots: Correlation - current level of correlation, Zero line , +Corr_level - minimum level of...

rollas

Shows the move of the symbol When not correlated with the source index. Gives the upward or downward tendency when symbol moves uncorrelated that can be used to determine the flow. The flow curve gives an general idea while the move is more precise showing pure price action.

bnh

This is my latest attempt to show price movement differences between symbols. I want to see the buying and selling pressure... is that price movement going with the market or is it moving alone? It's VERY interesting to watch this indicator and see how things play out! In my previous versions the arrows on the chart were too much clutter, while the single row of...

rollas

Correlation indicator.

bnh

"CoCo World" helps to answer the following question... Is this stock moving alone or with other markets? No stock is an island, so it's important to see what everyone else is doing! With limited screen real estate, I want to see as much info as possible as I'm evaluating US equities and deciding to pull the trigger to buy and sell. My "CoCo World" indicator...

rollas

DXY Correlation indicator Version 2. Added adjustable parameters. Correlation factor is how many bars back for the colleration cumputing. Threshold adjusts the minimum correlation level to give signals. Default is 0.9. Value 1 equals %50 correlation while 2 is %100 correlation.

rollas

Works on pairs including USD ticker. Gives buy and sell signals according to the relationship with DXY.

rollas

DXY Correlation Indicator.