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Relative Correlation Regime

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A general-purpose tool for measuring the rolling relationship between two markets.

The indicator calculates correlation from price returns and classifies the current relationship into five regimes: Strong Positive, Positive, Neutral, Negative, and Strong Negative.

I designed it as a simple way to observe when relationships between markets strengthen, weaken, or diverge.

It can be applied across forex, commodities, indices, and crypto markets.

This indicator is intended for market research and analysis, not as a standalone trading signal.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.