Kowalski_Trader

Correlational cycles

Correlation is a statistical measure that expresses the extent to which two variables are linearly related (meaning they change together at a constant rate). It's a common tool for describing simple relationships without making a statement about cause and effect.

This script allows the user to input a multiplier to reverse the symbol input. This enables the user to look at a correlation measure between VIX and QQQ and the same time.. And get a better of understanding of what is not alligning and what is. the peaks in correlations usually signal a coming volatile period.

开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

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