1 Minute Correlations between 2 symbols

[ARBgroup]

Hi,

I was wondering if it would be possible to have a study showing live correlation between 2 symbols on a 1 minute eSignal chart.

So, assuming I'd have one chart and I'd be using the multiple symbol feature (or simply do a spread between the 2 markets) would it be possible to have a custom study that would show the correlation value between -1 and 1 live on an intraday chart? (1 minute preferably)

If that would be possible, which steps should I take to get this working?


Thank you very much in advance.

Sincerely,
Gabriel

[ACM]

Re: 1 Minute Correlations between 2 symbols

Gabriel
You may want to see the suggestions provided in this thread in response to a similar question.
FYI I found the thread by searching the forums for the keyword correlation.
Alex

Originally posted by ARBgroup
Hi,

I was wondering if it would be possible to have a study showing live correlation between 2 symbols on a 1 minute eSignal chart.

So, assuming I'd have one chart and I'd be using the multiple symbol feature (or simply do a spread between the 2 markets) would it be possible to have a custom study that would show the correlation value between -1 and 1 live on an intraday chart? (1 minute preferably)

If that would be possible, which steps should I take to get this working?


Thank you very much in advance.

Sincerely,
Gabriel

[ARBgroup]

Re: Re: 1 Minute Correlations between 2 symbols

Originally posted by Alexis C. Montenegro
Gabriel
You may want to see the suggestions provided in this thread in response to a similar question.
FYI I found the thread by searching the forums for the keyword correlation.
Alex

I downloaded that EFS but I don't understand how it works.. Let's say I have 6E #F as a charted symbol.. How do I select the second market to correlation 6E with? Right now, it's giving me a correlation number but the only symbol I put in was 6E.. you need 2 items to produce a correlation value, I don't understand how it can give me a number with only one symbol charted.