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.