Support Board
Date/Time: Thu, 23 Jan 2025 04:56:50 +0000
FX- Correlation Coefficient Not Working
View Count: 1106
[2018-11-07 02:44:31] |
User341752 - Posts: 26 |
Hi, For some reason, the indicator doesn't show proper calculations even with currencies high in correlation. Both charts are set to 6-month (180 days input) for the correlation coefficient and both are daily charts. The indicator shows that both examples are negative and it cant be true. Any way to fix this? Looking forward to your response All the best! |
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[2018-11-07 18:19:11] |
Sierra Chart Engineering - Posts: 104368 |
What counts is the data and the calculations. The study is thoroughly documented here: Correlation Coefficient You need to look at the documentation and the formulas and understand why you get the result that you do. This is not something that we do ourselves. If the study does not meet your requirements you can modify it: How to Build an Advanced Custom Study from Source Code Also use the Add Additional Symbol study instead of the Study/Price Overlay study: Add Additional Symbol With that study make sure you set the input to Fill Blanks with Last Value. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
[2018-11-07 23:57:13] |
User341752 - Posts: 26 |
Thanks for the suggestions, the third one helped the most!
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