Pair chart nrp obs

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Pair chart nrp obs. Forex indicator for MT4

The indicator is based on pair trading (see Pair Trading in WIkipedia) methods. It is not redrawn unlike similar indicators.

Shows correlation between two selected instruments in percent for a predetermined period, and the positions of the instruments relative to each other.
Has a function for reverse display of any of the analyzed symbols - for instruments with negative correlation.
Can be drawn as a line or as a histogram.

Buy Pair chart nrp obs customer indicator in the store selling algo trading systems

Settings:

  • Symb1 - first symbol name.
  • Revers1 - reverse display of the first symbol.
  • Symb2 - second symbol name.
  • Revers2 - reverse display of the second symbol.
  • ExtPeriod- calculation period in bars.
  • Pair_Line_or_Histo - show correlation chart as a line or a histogram.
  • Symb_Line_or_Histo - show price charts as a line or a histogram.
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