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I think corelation is good to be used when price is near important support and resistance points. At this points is very important to know if the price will retrace or will break out. SO if one pair makes a small breakout (just some pips)(for building a divergence) and the other pairs do not, there is a big probability that the price comes back and the level won't be breaken. See the attached picture and the text on it.
That what I think to do with your indicators is the following: I will try to modify them using the last X bars to define minimum and maximum. Then I will try to plot the current indicator value as a percentage from this minimum-maximum range. I will upload the files when I am ready. But I've never programmed indicators, only experts, and am not sure how many time it will take
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