IQ Currency Correlation

Currency correlation table to track the most positive and most negative currency correlation coefficient value in one display with multiple forex currency pairs.

Change indicator settings

Users can change indicator signal input parameters according to their choice. For example, a user can change the correlation period. By default is 20. Means it will count correlation with last 20 candlesticks or bar.

Change indicator display

Users can change indicator panel display size by changing the height and width. Also can move the indicator panel anywhere around the chart by changing the x-axis and y-axis position. Instead of using default color can use any custom colors according to their choice. Not to mention signal or arrow colors.

To fit into a bigger screen size, the user can change the indicator font size accordingly.

Multiple Dashboard

Users can place multiple dashboards on the same chart to observe more than 7 symbols on at time. To accomplish this, first users need to add different “custom indicator” names in the indicator “input” tab for each instance. Also, we need to change indicator position by changing the x-axis and y-axis value, otherwise, all indicators will get overlapped with each other.

Change timeframe

Users can change the time frame of the currency correlation table by clicking at the top right of the small icon. It will open the time frame menu. Then click on any timeframe, the indicator will automatically be updated with the new timeframe data after a new chart tick.

Change symbol

By default there are 7 major forex currency pairs are included. But the user can change it anytime. from the indicator “input” tab.

Prefix & Suffix:

If your broker has prefix or suffix before symbol. Then you can add it here manually. Then in the symbol setup just add the symbols only.

If the symbol name is md-EURUSD. Then add “md-” in the prefix field.

If symbol name is EURUSD-md. Then add “md-” in the suffix field.

In the symbol field only add “EURUSD”