This indicator shows the Correlation Coefficient between the four input symbols and current chart symbol over the corresponding timeframe and period inputs.
You can input four symbols with different aggregation and period settings.
The period input is the number of bars used to calculate the correlation coefficient.
Each dot shows the correlation coefficient between the two symbols over the corresponding timeframe and period inputs. The following categories indicate a quick way of interpreting the table values. Note that a negative correlation means the two currency pairs correlate in the opposite directions (e.g. when the price for one goes up, the other one goes down and vice versa)
You can also change the plot style to meet your needs.
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