Forex Indices: New Correlation Indicator For MT4!
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Forex Indices: New Correlation Indicator For MT4!

Authored by Ivan Delgado

Ivan Delgado is a decade-long Forex Trader. Feel free to follow Ivan on Youtube. Join thousands of traders who follow Ivan's insights to increase their profitability rate by learning the ins and outs of how to read and trade financial markets. Ivan has you covered with in-depth technical market analysis to help you turn the corner.

✨My name is Ivan Delgado, Market Insights Commentator at Global Prime and FX Trader. I am on a mission to pass on my decade-long knowledge by providing regular market commentary and educationa that is applicable, actionable and insightful (no-nonsense).

🔴WOW, we now have the correlation coefficient MT4 indicator, which allows to crosscheck relationships between currency pairs and aggregated currency flows (FX Indices). Credit goes to our Discord user @Alibert who has done it again. I quote him: “I recalculated and recoded all the math… and its the same way of calculating as Tradingview….

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💲If you’d like to access the G8 FX Indices I use, feel free to access the following public document (copy/paste the blue box in tradingview)  or alteatively, you can access the indices charts via Mataf.net