MFCS Currency Correlation Chart - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Indicator that places related currency charts on a given currency chart. Currently it only displays bars. Color/monochrome mode is configurable. It also supports currency reversal to handle currency pairs such as EURUSD and USDCHF.
Use indicators:
Chart settings example image:
Important things:
Attachment download
📎 mfcs_currency_correlation_chart.mq5 (7.48 KB)
Source: MQL5 #570
MFCS Currency Correlation Chart - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
MFCS Currency Correlation Chart - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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