OPEN-SOURCE SCRIPT
Updated Correlation Crypto Matrix
Returns a (top 10 by default) coins matrix correlation between various user-selected symbols
Correlation matrices can be useful to see the linear relationship between various symbols, this is an important tool for analyze market.
Alert with matrix. You can send it to the sheets
Correlation matrices can be useful to see the linear relationship between various symbols, this is an important tool for analyze market.
Alert with matrix. You can send it to the sheets
Release Notes
Updated. Now it have lines which shows you a strength of correlation between coins in matrix. Explanation
Release Notes
added functions
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 publications is governed by House rules. You can favorite it to use it on a chart.
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