OPEN-SOURCE SCRIPT
Correlation
Detects if there is a correlation between two securities. It shows a positive level when they have been moving together and a negative level when they have been moving in opposite directions.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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