Correlation Coefficient Modified

2020년 4월 17일

This indicator is based on correlation coefficient (CC).
It improves upon CC by smoothing it out using an sma.
The result is a much smoother and much more accurate reflection between the correlation of 2 instruments.

2020년 7월 25일

릴리즈 노트

1. yellow to orange
2. Area to columns

2020년 7월 26일

릴리즈 노트

blue - weak correlation*
yellow - moderate correlation*
red - strong correlation*

*Positive or negative

2021년 11월 12일

릴리즈 노트

Changed default settings from (3,100) to (2,500)... improves accuracy!
Added indicator level lines...to improve visuals, makes it easier to see how close to the 30 level the indicator is.
;)