How to use Correlation in Forex Trading?

Рет қаралды 10,067

Күн бұрын

How to use correlation in forex trading? what is correlation in trading? how does correlation matrix works? Learn 5 ways to use correlation to your advantage!
Correlation in Forex: • Using Correlation In F...
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Content Time Stamp:
-------------------
00:00 How to use correlation in forex trading
03:23 Negative Correlations
06:00 Positive Correlations
08:35 How can I use this information to make money?
09:38 M1 Leverage the trading signal from another asset!
12:20 M2 Reduce signal risk!
15:55 M3 Ensemble Signals, or Fuzzy Logic
17:30 M4 Correlation Divergence
19:14 M5 Portfolio Correlation
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Пікірлер: 26

@StatOasis 2 жыл бұрын

check out this video about Correlation in Forex kzfaq.info/get/bejne/j5qPmJZ_16y0ln0.html

@maxmaxi9298 Ай бұрын

Hi thank you for giving good advice as I am new and have been doing what you are saying in one of your tips What a good man 🙏

@StatOasis Ай бұрын

Glad to help

@80amnesia 10 ай бұрын

This guy is one of the best, he actually goes into details

@StatOasis 10 ай бұрын

thank you for watching

@ltnats 3 жыл бұрын

Another solid vid Ali, great work. It takes me like an hour to get through these as I am taking stacks of notes and learning heaps. Thanks for the great content!

@StatOasis 3 жыл бұрын

Viewers getting value out of the content, really makes me happy. Thank you for watching.

@Attitude-royale 2 жыл бұрын

Great stuff. Was actually doing some backtasting and landed on those very websites when looking for correlation matrices AND noticed the same shortcoming with "Mataf" regarding the maximum time frame being the daily. It's truly great when you're researching a concept and find an informed authority that confirms it. Much appreciated!

@StatOasis 2 жыл бұрын

Glad to help and thank you for watching

@HighPowerOptionsTrades 2 ай бұрын

Great content 💎💎💎💎💎💎💎💎💎💎💎💎💎

@Yewbzee 3 жыл бұрын

Cheers Ali, interesting uses of correlation there.

@StatOasis 3 жыл бұрын

thank you for watching

@ctrodrums 3 жыл бұрын

Very packed info! It would be great if you can do a video about market neutral strategy. Which is take two instruments highly correlated on the same category, like two banks, were one could be better than the other, so you can buy the one that are doing better one and sell the other. The good thing is doesn't depend on the direction of the market or being on a long biased market.

@StatOasis 3 жыл бұрын

Great suggestion!

@YourOptimumHealth 3 жыл бұрын

Great Video. Another idea would be to make video of correlation of Stock to its Seasonality chart. This would permit to compare stocks against how close they follow Seasonality charts like in Seasonax.

@StatOasis 3 жыл бұрын

when you are looking for seasonality, by definition your correlations would be high. if you do seasonality on day of week however, where you have thousands then you can see that sometimes patterns will go out and come back in, which is to say high correlations comeback to zero or negative and then come back up again. Like I mentioned, correlations are not fixed on any timeframe.

@sepehr741 11 ай бұрын

Thanks for the video! what was the indicator for correlation?

@StatOasis 11 ай бұрын

There are many in trading view just search correlation. In SQX if you combine strategies in a portfolio, you will a correlation tab

@itsoktoberight4431 11 ай бұрын

I have been studying correlation for years and my latest strategy has been to short only the highest of the correlated pairs and instead of a stoploss I will enter a buy on the lowest of the correlated pairs to hedge it out, then wait for convergence to close in profit

@StatOasis 11 ай бұрын

Great idea, its hard to test though with regular platforms

@joshuaopuana2684 7 ай бұрын

Hello please can I contact you so you can show me how

@mariaaboulaala2746 Жыл бұрын

I can't find the CC VXI indicator on trading view

@StatOasis Жыл бұрын

CC is the correlation indicator, and you need to add two instruments to measure the correlation

@abdolahjafarian177 2 жыл бұрын

Hey man ,do you realy trade like this ? Or its just to confuse amateurs ?

@StatOasis 2 жыл бұрын

😊 Where is the confusion? These are all legit concepts that you can implement in your trading

@abdolahjafarian177 2 жыл бұрын

I know,also you know , my questio was do you really trade like this ? Or you use correlation like this ? Why you are not using 100 percent correlated pair ? The pair itself is 100 percent correlated with itself ,we use correlation not to repeat same mistake in multiple trade ,we dont buy nzdusd at same time with audusd ,the other logic of usin correlation is to fill brokers pocket,every body is trying to teach forex,forex is unteachable atleast for most of the traders,its gainable,in between filling this gap with usless information is hurting traders ,this is confusing, correlation is just a hint to trade no strategy to trade