Indicator Correlation For Metatrader

Love Trading Buy/Sell Arrow Signals? Try This!

I have come across this clever indicator that I have add to the site collection. In short it allows you to superimpose one chart on top of another. So you could overlay a Dax chart with the FTSE or more likely, a USDGBP with GBPEUR. You are also able to inverse the overlayed chart so that you can reverse a Forex Pair. You can also add a moving average to it.

I think it’s quite a good little indicator. Take a Look.

Download: MT4 Indicator Correlation

6 Responses

  1. lee says:

    Tried this out and overlayed it on a few pairs.. works well.. didn’t see much for short term but overlaying a DX chart over EURUSD shows nice correlation :)

  2. Jason says:

    I am pleased you like it

  3. Hairi says:

    How to use this indicator?

    try to run the indicator, but nothing appear on my chart. Please explain.

    Thanks

  4. Jason says:

    you should be able to just save it to your expert>indicator folder and add it like any other indicator

  5. Jason says:

    do you not see anything?

  6. currency trading says:

    The most important thing when trading currency or any trading at all is a good foundation in trading basics and education. Just like anything in life, you need to be knowledgable about trading first before putting real money into play. We suggest opening up a practice account and try forex trading for yourself with no risk.

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