Absolutely agree with Blaiserboy, Mataf has one of the best free correlation tools I have come across. Here's the link - Forex Widget for your website - Mataf.net
Correlation between currency pairs
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NVP
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yep Mataf is not bad at all.......
I would recommend you think of currencies as individual entities to save time and chartspace / Analysis
just compare the speed and Direction of each "indexed" Currency on 1 chart instead of loads of seperate pairing correlations
see the charts here.......you can instantly see what currencies have been moving with or against the others........1 chart equates to using about 28 charts for 8 currencies per TF being reviewed :smart:
http://www.trade2win.com/boards/for...-basic-ideas-strategies-1072.html#post1818272
N
I would recommend you think of currencies as individual entities to save time and chartspace / Analysis
just compare the speed and Direction of each "indexed" Currency on 1 chart instead of loads of seperate pairing correlations
see the charts here.......you can instantly see what currencies have been moving with or against the others........1 chart equates to using about 28 charts for 8 currencies per TF being reviewed :smart:
http://www.trade2win.com/boards/for...-basic-ideas-strategies-1072.html#post1818272
N
