Topic: Correlation Analysis
Hello Traders,
Merry Christmas!
My present to you is Correlation Analysis module in EA Studio.
It detects correlations automatically (with a correlation coefficient higher than 0.98)!
The program uses the selected Sorting order and marks the strategies with the lower stats.
The "Resolve correlations" button becomes green when there is such cases. When you press the button, the app removes the strategy with the lower stats from the correlated pair.
The "Resolve correlations automatically." option does what it says. When it is on, the counter and the "resolve" button are hidden.
The "Records stats" box shows how many correlations are resolved.
You may need to "Recalculate" your old collections (it is not necessary, but for any case).
Trade Safe!
Resolved correlation counter. It works in automatic and in manual mode:
If you have "Resolve correlations automatically." on and use the Optimizer, the app may prune all intermediate results (if they correlate) This is a wanted behaviour. If you need all intermediate results, please switch to a manual correlation mode.
Please note that some times there are other strategies between the correlated ones and you may not find the corresponding one at the first glance.
