# Paramstr amibroker forex

A reader got in touch asking me to code a correlation indicator for Amibroker, it so happens that I’ve already done so and I figured that if one person wants the indicator then others might paramstr amibroker forex. Copy and paste the formula to your editor and click Apply when viewing a chart pane.

The ticker already being viewed in your chart-pane is the first ticker. You can also change the look-back period used to calculate the correlation co-efficient. For this example I’ll use 100 days for the calculation. You’ll notice that the indicator is colour coded. Strategy Correlation Analysing the correlation which exists between different stocks or asset classes is useful, but you can also use the indicator to determine how correlated different strategies are to one another.

For example, if you’re testing a Mean-Reversion Strategy, you might use. Once you’ve run the back-test, search your database of symbols for the newly created equity curve ticker. Next, repeat the process for a different strategy. You can now analyse how correlated the daily returns of your strategies are, as well as analyse how correlated they have been in the past. Disclaimer – Forex, futures, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets.

No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. Nor will it likely ever be. A reader got in touch asking me to code a correlation indicator for Amibroker, it so happens that I’ve already done so and I figured that if one person wants the indicator then others might too. Copy and paste the formula to your editor and click Apply when viewing a chart pane.

The ticker already being viewed in your chart-pane is the first ticker. You can also change the look-back period used to calculate the correlation co-efficient. For this example I’ll use 100 days for the calculation. You’ll notice that the indicator is colour coded. Strategy Correlation Analysing the correlation which exists between different stocks or asset classes is useful, but you can also use the indicator to determine how correlated different strategies are to one another. For example, if you’re testing a Mean-Reversion Strategy, you might use. Once you’ve run the back-test, search your database of symbols for the newly created equity curve ticker.