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Kowalski_Trader
3 ตุลา 2023 เวลา 16 นาฬิกา 0 นาที

Correlational cycles 

SPDR S&P 500 ETF TRUSTArca

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Correlation is a statistical measure that expresses the extent to which two variables are linearly related (meaning they change together at a constant rate). It's a common tool for describing simple relationships without making a statement about cause and effect.

This script allows the user to input a multiplier to reverse the symbol input. This enables the user to look at a correlation measure between VIX and QQQ and the same time.. And get a better of understanding of what is not alligning and what is. the peaks in correlations usually signal a coming volatile period.
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