OPEN-SOURCE SCRIPT
CORGI - Multi Security Correlation Indicator
- Display Input: Switch from the correlation table and chart with ease
- SMA Length: Select Length
- Main security: Choose towards what security do you want to measure correlations for
- security 1 - 4: Choose what security that you'll be measuring with
Correlation Is a score that runs from +1 to –1
+1 means perfect Correlation
- 1 means perfect Inverse Correlation where the symbol moves in opposite direction of the main security.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.