Correlation Coefficient (CC) is used in statistics to measure the correlation between two sets of data. In the trading world, the data sets would be stocks, ...

A correlation reading of +1.0 means the markets are perfectly positively correlated, a reading of -1.0 means they are perfectly negatively correlated. If you're ...

The correlation coefficient, often denoted as "r," ranges between -1 and +1. A correlation of +1 signifies a perfect positive correlation, where the pairs move ...

In the trading world, the Correlation Coefficient is a measure of the correlation between two data sets of financial instruments. The correlation between two ...

The range of the correlation coefficient is between -1 and +1. A correlation of +1 indicates that two currency pairs will flow in the same direction. A ...

19 мар. 2020 г. · First, head to Indicators & Strategies and then search for Correlation Coefficient. When you find it, click it, and a box will appear asking you ...

17 июн. 2023 г. · This Linear CC takes into account the log-normal distribution of stock prices and performs Pearson correlation on that data set.

16 мая 2023 г. · This is primarily created to work with the Bitcoin weekly chart, for comparing DXY and Gold (XAU) price correlations (in advance, when possible).

10 мар. 2023 г. · This is a sample PineSript code implementation using Correlation Coefficient. It uses the ta.correlation library of Pinescript and ...

2 апр. 2023 г. · This indicator is a market correlation analysis tool. It contains two main features: - The Curve: represents the historic correlation coefficient.