Description
The Multi-Currency Correlation strategy is based on the Multi-Currecncy Correlation Oscillator, which calculates the correlation coefficient between multiple currency pairs. A buy simulated order is added when the Multicurrency Correlation study's plot Corr is below the lower limit; a simulated sell order is added when the plot is above the upper limit.
Input Parameters
| Parameter | Description |
|---|---|
first currency
|
Defines the first currency futures. |
second currency
|
Defines the second currency futures. |
are one way pairs
|
Defines whether the pairs are moving in the same direction or opposite directions. |
multiplier
|
Coefficient expressing the relationship of currency pairs. |
upper limit
|
Reference line for Sell signals. |
lower limit
|
Reference line for Buy signals. |
Further Reading
1. "Developing A Multi-Level Strategy" by Vladimir Vladimirovich Voznjuk. Technical Analysis of Stocks & Commodities, September 2012.