Level: 2
Background
John F. Ehlers introuced Correlation Trend Strategy in May, 2020.
Function
In Dr. Ehlers article “Correlation As A Trend Indicator” in May, 2020, he introduces a new trend indicator that is based on the correlation between a security’s price history and the ideal trend: a straight line. He describes methods for using the indicator to not...
![XAUUSD: [blackcat] L2 Ehlers Correlation Trend Strategy](https://s3.tradingview.com/y/yNolsAMc_mid.png "[blackcat] L2 Ehlers Correlation Trend Strategy")
