The indicator is based on pair trading methods. It is not redrawn unlike similar indicators.
Shows correlation between two selected instruments in percent for a predetermined period, and the positions of the instruments relative to each other.
Has a function for reverse display of any of the analyzed symbols – for instruments with negative correlation.
Can be drawn as a line or as a histogram.
Settings:
- Symb1 – first symbol name.
- Revers1 – reverse display of the first symbol.
- Symb2 – second symbol name.
- Revers2 – reverse display of the second symbol.
- ExtPeriod- calculation period in bars.
- Pair_Line_or_Histo – show correlation chart as a line or a histogram.
- Symb_Line_or_Histo – show price charts as a line or a histogram.
![图片[1]-Mql5官网 Pair chart nrp obs 外汇EA-EA侦探社 - 全球领先的MQL5官网外汇EA机器人MT4自动化交易EA资源免费分享网站](https://sp-ao.shortpixel.ai/client/to_webp,q_glossy,ret_img/https://www.mql5.vip/wp-content/uploads/2024/05/20240521033411-664c16331a1cc.png)
 ![图片[2]-Mql5官网 Pair chart nrp obs 外汇EA-EA侦探社 - 全球领先的MQL5官网外汇EA机器人MT4自动化交易EA资源免费分享网站](https://sp-ao.shortpixel.ai/client/to_webp,q_glossy,ret_img/https://www.mql5.vip/wp-content/uploads/2024/05/20240521033412-664c1634287b9.png)
 
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