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.
||Defines the first currency futures.|
||Defines the second currency futures.|
||Defines whether the pairs are moving in the same direction or opposite directions.|
||Coefficient expressing the relationship of currency pairs.|
||Reference line for Sell signals.|
||Reference line for Buy signals.|
1. "Developing A Multi-Level Strategy" by Vladimir Vladimirovich Voznjuk. Technical Analysis of Stocks & Commodities, September 2012.