This index is fully user-configurable, calculates that this correlation between the symbols you opt for.
The indicator is updated in real time and is fully automated.
you can configure several parameters.
- calculated symbols – the symbols of the calculation; input a comma for symbols that you want to count
- calculated bars – how many bars to calculate
- calculated emblem period-timeframe for calculations, for example: 0 (current), 1 (M1), 5 (M5), 15 (M15), etc.
- utilized cost: the price used for calculations is 0 (CLOSE), 1 (OPEN), 2 (HIGH), 3 (LOW), 4 (MEDIAN), 5 (TYPICAL), 6 (WEIGHTED)
- corner: placement angle, default 1 (upper right corner)
- xwidth: width between labels
- ywidth: height between labels
- FontFamily: Font, default Arial
- fontsize: font size
- xaxiscolor, yaxiscolor: axis colors
- poscorrel: the value of a user-defined positive correlation (equal to or higher)
- poscorrelcolor: colors of correlation values related to ” poscorrel”
- negcorrel: the value of the user-defined negative correlation (equal to or less than)
- negcorrelcolor: colors of correlation values related to ” negcorrel”
- correlcolor: the colors of the remaining values.
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