Forex Software — Correlation

Re: Correlation

null@example.com (Popov) — Mon, 04 Feb 2019 07:35:33 +0000

Mr. Popov, can you add correlated strategy ID to it/them ?

A very nice idea. I'll add your request in my ToDo. It may not be as easy as it sounds because we may have a correlation chain, however it will be very interesting to see that.

Re: Correlation

null@example.com (JLA) — Wed, 30 Jan 2019 11:46:41 +0000

With automatic correlation resolving turned off, we see correlated strategies highlighted in pink. But sometimes it's not easy to tell which strategy is a highlighted strategy correlated with ? Mr. Popov, can you add correlated strategy ID to it/them ?

Re: Correlation

null@example.com (Enric) — Thu, 20 Dec 2018 19:17:09 +0000

Understood! Thanks for the answer

Re: Correlation

null@example.com (Popov) — Thu, 20 Dec 2018 16:21:37 +0000

The Correlation shows how equally trade two strategies. It compares the Balance lines of the strategies for the complete testing period.

A correlation coefficient of 1 means that two strategies have absolutely equal balance lines. It is possible to have strategies with different trading rules to rise very similar signals and we want to eliminate such cases.

When the Correlation analysis is on, it checks every strategy pushed to the Collection against all other included strategies. If the program finds that two strategies has correlation greater than the set value, it marks them as correlated. EA Studio removes the strategy with the the lower profit in such cases.

For example, a Correlation Coefficient of 0.96 means that the strategies differ by 4 percent.

Correlation

null@example.com (Enric) — Thu, 20 Dec 2018 13:49:08 +0000

Second question regarding EA Studio

I see on Correlations that you can select a %. By default 96% I think. What is that Correlation? Monthly, Weekly, Daily...?

Sure is a silly question but I've been checking the documentation and searching on the forum and I didn't get this point clear.

Thanks again!