OPEN-SOURCE SCRIPT
BTC Correlation Coefficient
The BTCUSDT Correlation Coefficient indicator measures the strength and direction of the relationship between the selected asset (e.g., a stock or altcoin) and the price of BTCUSDT over a chosen time period. It uses a custom correlation function to calculate how closely the asset's price movements align with Bitcoin, returning a value between -1 and +1. A coefficient near +1 indicates strong positive correlation, while values near -1 indicate inverse correlation. This helps traders assess whether the asset tends to follow Bitcoin’s price trends or behave independently, enabling more informed decisions on portfolio diversification and market sentiment alignment.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。