How to identify correlation betwen diferent pairs in FXdreema?
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I want to know if it is possible to do in FXdreema (and how to do it to) an EA that can identfi when three or more pairs are correlating (EUR/USD, GBP/JYN, AUD/USD for example) and use that to trigger operations on that specifics pair?
Should identify if it negative or positive correlation.
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The most efficient way to do it is importing a custom indicador doing all the calculations for the identification of the correlations. Once imported you can work on the launching structure.
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@l-andorrà Thank you very much!
So what your saying is that the first step in my EA construction is to begin with an indicator.
What do you mean by "custom"? doesnt exist and indicator that relates diferent pairs? -
'Custom' means that it is NOT available by default in th fxDreema list of available indicators. I can tell you now that it is not. So you should find an indicator somewhere in the internet doing exactlly what you need and then import it to your fxDReema ccount.
I recommend you to find the mq4 version whenever possible. Working with the ex4 versions makes things more complicated.
