OPEN-SOURCE SCRIPT

Intramarket Correlator L-O-L-A excerpt

1 717
Here we have an intramarket correlator taken as an excerpt from the L-O-L-A institutional trading system.

The plot displayed on the screen is the correlation index of the correlated security plotted against the security data series. Suggest simple line plots of contrasting colors.

When the plot is below the security price this is an indication of a strong negative correlation. When the plot is above the security price this is indicative of a strong positive correlation.

Provided for free by Tarzan at tradingview. or noprism@hushmail.com

plz contact for more information on L-O-L-A

*** Past performance is not necessarily indicative of future results ***

Life is like a moving picture

Nothing in life is a permanent fixture

Ray Davies

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.