This script isn't about creating a correlation script with labels, there is a perfect working example of Mango2Juice
(Correlation Matrix, which was inspired by Daveatt's Correlation Matrix)
The intention was making it with the use of as less code as possible, looping through array's
The Pine correlation function doesn't work consistently in a local scope (loop), so I had to work around it
Inspired by ZenAndTheArtOfTrading's Correlation Meter (using array.covariance and array.stdev) and
especially with the help of RicardoSantos and LonesomeTheBlue I've managed to do this
Symbols, timeframe, look-back period, colors and limits can be changed
There is always room for improvement, but I think it shows what is possible.
Many thanks to the people who I've mentioned, and of course to Tradingview!
(Without the Earth nothing can grow)
Cheers!
(Correlation Matrix, which was inspired by Daveatt's Correlation Matrix)
The intention was making it with the use of as less code as possible, looping through array's
The Pine correlation function doesn't work consistently in a local scope (loop), so I had to work around it
Inspired by ZenAndTheArtOfTrading's Correlation Meter (using array.covariance and array.stdev) and
especially with the help of RicardoSantos and LonesomeTheBlue I've managed to do this
Symbols, timeframe, look-back period, colors and limits can be changed
There is always room for improvement, but I think it shows what is possible.
Many thanks to the people who I've mentioned, and of course to Tradingview!
(Without the Earth nothing can grow)
Cheers!
Who are PineCoders?
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
Who are PineCoders?
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。