Unlocking Market Trends with the Correlation Phasor Indicator for MetaTrader 5

Mike 2020.06.04 01:29 15 0 0
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Overview:

In his June 2020 article for TASC, "Correlation as a Cycle Indicator," John Ehlers outlines a fascinating approach to identifying market trends. He breaks down three distinct methods for trend determination, and in this post, we’ll dive into all three techniques.

Understanding the Correlation Phasor:

  • This version highlights the "phasor" aspect of the correlation calculation, providing a unique perspective on market dynamics.



Whether you’re a seasoned trader or just starting out, understanding these correlation techniques can help you make more informed trading decisions. Let’s explore how the Correlation Phasor works and how it can be applied to your trading strategy!

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