It's fairly easy to get calculated correlation figures for the currency pairs, but I'd love to automate the calculations in MetaTrader in a script (call me crazy).
Oanda has the formula listed, but my memory of math symbolism too rusty to recognize anything except the summation and "to the power of...". If I can get this translated into English, I can handle the programming. Is anyone's math fresh enough to remember what this stuff means?
http://fxtrade.oanda.com/currencyCor...nEquation1.png
Where...
http://fxtrade.oanda.com/currencyCor...nEquation2.png
Oanda has the formula listed, but my memory of math symbolism too rusty to recognize anything except the summation and "to the power of...". If I can get this translated into English, I can handle the programming. Is anyone's math fresh enough to remember what this stuff means?
http://fxtrade.oanda.com/currencyCor...nEquation1.png
Where...
http://fxtrade.oanda.com/currencyCor...nEquation2.png