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Source Correlation

simwai Updated   
statistics correlation statistical analysis mathematics maths strategy
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statistics correlation statistical analysis mathematics maths strategy
In this small indicator I make it possible for the user to set two different input sources. Then, the indicator displays the correlation of these two input sources. It's a very small script, but I think it could be helpful to somebody to find uncorrelated indicators for his trading strategy. To use uncorrelated indicators is in general recommended.

Enjoy this small, but powerful tool. 🧙‍♂️
Release Notes:
Removed two unnecessary input fields
Reworked visualization
Release Notes:
Added back the inputs I removed before, because it must be there in order to ensure that the input data is correctly aligned.
Restyled the plot
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Open-source script

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