Login / Register
Add a review
Log in
Sign UP
PipTick Correlation MT4


PipTick Correlation displays the current correlation between the selected instruments. The default settings are set to 28 currency pairs, gold and silver, but the indicator can compare any other symbols.

  • Positive correlation (above 80%)
  • Negative correlation (below -80%)
  • Weak correlation/no correlation (between -80 and 80%)

  • The indicator shows the current correlation between the selected symbols.
  • Simple comparison of one symbol with another
  • Works on all timeframes (M1, M5, M15, M30, H1, H4, D1, W1, MN)
  • Customizable parameters (Colors, Correlation Period, Symbols…)
  • Very fast calculations
  • The indicator also works with prefixes and suffixes (EURUSD.m, EURUSD-pro…)
  • Designed for MT4 and MT5

  • Correlation_Period – Correlation calculation period
  • Color_Symbol – Color of character labels
  • Color_Strong_Positive_Corr – The color of strong positive correlations
  • Color_Strong_Negative_Corr – The color of strong negative correlations
  • Color_Weak_Corr – The color of weak correlations
  • Symbol_1_Name … Symbol_30_Name – Character names (pairs)
  • Output_1..8 – Output values of correlation calculation. For example, Symbol_1_2 means calculating the correlation of Symbol_1_Name and Symbol_2_Name

[spoiler title=”

In the case of using the iCustom function, the Output_1 parameters..8 will be just character numbers.


Symbol_1_2 as the output value of 1 will be Output_1 = 12

Symbol_7_14 as the output value of 2 will be Output_2 = 714

  • PipTick Correlation Output 1..8 – Output values by input parameters (Output_1..8)

For more information, visit the PipTick Correlation page.


Add review
Reviews ( 0 ):