Best Thread Correlation Trading - Basic Ideas and Strategies

hey everyone
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Well...2024 is proving to be a very busy year for me on a lot of other projects.... probably wont get develop new stuff in the Forex/strengthmeter arena for the foreseeable future......

you all know how to contact me if needed (see my CV)

good trading !!!

Neil
NVP
 
Phylo said:
Who honestly made money with this system last year ?
Yes ? Great, congratulations.
No ?
Try something more relaxed with far less risk (also, 100% free) - https://www.trade2win.com/threads/charts-charts-and-more-charts.240207/page-836#post-3258045
Click to expand...
A guy came in a bar for a drink and the robot asked him, "What's your IQ"?
The man replied, "130".
So the robot proceeded to make conversation about physics, astronomy, chemistry, philosophy, and so on.
The man listened intently and thought, "This is really cool".

Another guy came in for a drink and the robot asked him, "What's your IQ?"
The man responded, "100."
So the robot started talking about the football, baseball, cars, fixing the house, and so on.
The man thought to himself, "Wow, this is really cool".

A third guy came in to the bar. As with the others, the robot asked him, "What's your IQ?"
The man replied, "70".
So the robot says, "So, what forex are you trading these days?"
 
Hello, I've reviewed your topic title. You've used 2MA to calculate the unit value of .8 money. Percentage change would be more beneficial.
 
Once you have these values, you need to process them and find your target. If you reduce your index to 2 money and place it at any point in a parity, you'll see that even years later, the starting point of your index will have the same price. Therefore, processing the data is necessary.
 
As seen in the picture, as the price at the starting point repeats in future dates, the lines of the two currencies touch each other. Different levels do not change the price.
Snap151.jpg
 
Yoh this information doesn't look basic! Just use the FX meter for strength and currency correlation. Make things easy!
 

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Correlation is one of the key concepts in the forex market. This market is one whole and all the pairs are interconnected.
 
The 3X and 4X tables are up to date. Trading can be targeted with buy-buy-sell for the top 10 list and sell-sell-buy for the bottom 10 list. Additional entries can be made with the same trades during fluctuations of 3%. The 4X table can be used in the same manner.
 
As long as USDJPY maintains its rise, USDJPY BUY -BTCUSD BUY-BTCJPY SELL will continue to earn in the coin group.
BulutKARLI 3XBTC.jpg
 
Phylo said:
A guy came in a bar for a drink and the robot asked him, "What's your IQ"?
The man replied, "130".
So the robot proceeded to make conversation about physics, astronomy, chemistry, philosophy, and so on.
The man listened intently and thought, "This is really cool".

Another guy came in for a drink and the robot asked him, "What's your IQ?"
The man responded, "100."
So the robot started talking about the football, baseball, cars, fixing the house, and so on.
The man thought to himself, "Wow, this is really cool".

A third guy came in to the bar. As with the others, the robot asked him, "What's your IQ?"
The man replied, "70".
So the robot says, "So, what forex are you trading these days?"
Click to expand...
So this website is for IQ 70.
 
The correlation between currency pairs is quite interesting to study, pairs that have positive and negative correlations can be the basis for hedging, or finding arbitrage opportunities.
 
Just passing through. I like the idea of your thread.

Correlation is also great for determining when a counter-trending price action may be in process. I like to use two negatively correlated instruments...like EurUsd and UsdChf for example...if you're into FX.

Here is a correlation table that you might like. It works on Live accounts. Not sure it would work on a Demo. Version 1.2.5 is out. There may have been an even more recent version...not sure about that though.

www.forexfactory.com

MT4 MTF Correlation table and Correlation oscillator indicators

Share ideas, debate tactics, and swap war stories with forex traders from around the world.
www.forexfactory.com www.forexfactory.com

Enjoy!
 
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