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There has been much demand for this indicator, so here it is. Please see included documentation for how to use the Correlation Mode and the Bar Formation Mode. I appreciate any feedback and/or ideas for improvement.
Nick
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"Anyone who has never made a mistake has never tried anything new." -Albert Einstein
Also, I forgot to add... If the secondary chart is not showing up, you may need to open the chart for the symbol1. This will download the lastest history data from the broker; necessary for proper operation of the ind.
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"Anyone who has never made a mistake has never tried anything new." -Albert Einstein
There has been much demand for this indicator, so here it is. Please see included documentation for how to use the Correlation Mode and the Bar Formation Mode. I appreciate any feedback and/or ideas for improvement.
Nick
Nice indi....on bottom indicator..is it same with CCI indicator ?
No, the HSTGM is very much like MACD. Except in this case it is a measure of pip C/D over time. It IS the C/D of the main chart window. I guess you could call it the correlation convergence - divergence indicator.
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"Anyone who has never made a mistake has never tried anything new." -Albert Einstein