FXCodeBase.COM: Forex Chart Indicators and Development

Based on request.
viewtopic.php?f=27&t=64606&p=112068#p112068
Corelation= Multiplier*"EUR/CHF" -("EUR/USD" * "USD/CHF"))


The indicator was revised and updated

Is it possible to have the same indicator with a 1 minute timeframe ?

Thanks a lot

Sébastien

Only if you chart time frame is "m1"
If you want a lower time frame,
Presentation as this is needed.
viewtopic.php?f=17&t=64620

I just need the same indicator with timeframe 1 minutes . I don't need lower

Thanks a lot

sébastien

You can have "m1" time frame only if you chart time frame is "m1"
If you chart time frame is "m5" or Higher, this is not possible.

Can write indicator like this
viewtopic.php?f=17&t=19743&p=107509&hilit=lower+time+frame#p107509
or
viewtopic.php?f=17&t=64620

Thanks for your explanation. Now I know how tu use it.

I have a new question. What must I do if I want to automize the trading ?
Can I put the algorithm here ?

Thanks for your help.

Sébastien

Yes, Describe your strategy logic here.
Or post it here.
viewforum.php?f=27

Ok I will try to explain the strategy :

IF "corelation indicator" >= "15" AND Open position <=12
BUY EUR USD and BUY USD CHF and SELL EUR CHF (at the same time)
When "correlation indicator <="-0.5"
CLOSE all positions
OR

IF "corelation indicator" <= "-15" AND Open position <=12
SELL EUR USD and SELL USD CHF and BUY EUR CHF (at the same time)
When "correlation indicator >="0.5"
CLOSE all positions

I hope it is clear

Thanks

Sébastien

Try this version.
viewtopic.php?f=31&t=64623