Skip to content

Correlation Between EUR/USD And USD/CHF Metatrader 4 Forex Indicator

    The Correlation Forex MT4 indicator displays correlation beween the EUR/USD and USD/CHF pair in real-time.

    Currency traders are well aware of the fact that when normally the Euro/U.S Dollar pair is moving up, the U.S Dollar/Swiss Franc pair is moving down.

    The correlation indicator shows you how correlated both pairs are at any given moment.

    Some forex trading strategies and systems take advantage of correlation between 2 currency pairs.

    Free Download

    Download the correlation-between-usdchf-and-eurusd.mq4” MT4 indicator

    Example Chart

    The EUR/USD Daily chart below displays the Correlation Metatrader 4 Forex indicator in action.

    Basic Trading Signals

    No trading signals from the Correlation MT4 forex indicator.

    Download

    Download the correlation-between-usdchf-and-eurusd.mq4” Metatrader 4 indicator

    MT4 Indicator Characteristics

    Currency pairs: EUR/USD and USD/CHF

    Platform: Metatrader 4

    Type: Chart pattern indicator

    Customization options: Variable (currency) Colors, width & Style.

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: correlation

    Installation

    Copy and paste the correlation-between-usdchf-and-eurusd.mq4 into the MQL4 indicators folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Indicators (paste here)

    Share this post!