Skip to content

Currency Correlation And Gold Forex MT4 Indicator

The Currency Correlation and Gold indicator for MT4 reveals correlation between the 8 major currencies: EUR, GBP, AUD, NZD, CHF, CAD, JPY, USD and gold (XAU).

Trading Signals

Buy signal: Buy the strongest currency while simultaneously selling the weakest currency.

Sell signal: Sell the weakest currency while simultaneously buying the strongest currency.

Indicator Preferences

Currency pairs: any

Preferred Time frames: any

Sessions: any

Download

Download the correl8.mq4 indicator.

Configurable Indicator Options

iPRIPPeriod, iPrice, RangeMode, TimeFrame, ShowAll, ShowEUR, ShiwGBP

USD/JPY M15 Chart Example

currencies-correlation-forex-indicator

How to install the Currency Correlation and Gold custom indicator in Metatrader 4?

  • Download the correl8.mq4 indicator to your computer.
  • Open your Metatrader 4 platform.
  • Open the data folder from the top menu.
  • Open the MQL4 folder.
  • Open the indicators folder.
  • Paste the indicator file in this folder.
  • Restart the trading platform.
  • Open any trading chart.
  • Attach the indicator to the chart.