kinda interesting
for example, a basic signal that can appear on 4 timeframes within a certain period of each other rather than a complex signal appearing on one timeframe
I think the foundation for the scoring calculation should start really simple, probably moving averages. Then I’ll combine a few more things that, when applicable, will also weigh in on the score. For example, this really basic single line of code momentum indicator. It occasionally shows when a trend is losing steam so in that case when there is divergence I can alter the score a lot faster than waiting for moving averages to change their slope
Proximity to SR levels could be another influence. Maybe ADR as well.
Went back to look at my correlation scanner recently because it just seemed like something was off. Sure enough, I was missing this tiny logic piece (literally 2 lines of code). Adding it made a serious improvement.
chfjpy used to be one of my worse pairs, now that green line is leading price quite well I'd say
chfjpy used to be one of my worse pairs, now that green line is leading price quite well I'd say
I’ve reached a new milestone.
I now have some automation through telegram commands, such as sending pictures of custom charts 
controlling which currencies to trade, in which direction, and for how long (defaults 24hrs).
My bot reads that directional data and executes trades scanning based on what’s currently active.
I need to get bond data added as a second overlay but I found out my price scraper which was made using gsheets broke. I got that fixed today so now I just need to give it about a week to populate some data.
I now have some automation through telegram commands, such as sending pictures of custom charts
controlling which currencies to trade, in which direction, and for how long (defaults 24hrs).
My bot reads that directional data and executes trades scanning based on what’s currently active.
I need to get bond data added as a second overlay but I found out my price scraper which was made using gsheets broke. I got that fixed today so now I just need to give it about a week to populate some data.
Inserted Code
//@version=5
indicator(title="Corr Div Signals", shorttitle="Corr Div Signals", overlay=true, scale=scale.none, max_bars_back = 500)
// Calculated on 2024-04-17
// Timeframe D1
// Shift -30
// Correlation Period 200
// Correlation Threshold 0.65:0.98
// Drop Overnight False
src = 0.0
c = color.rgb(64, 123, 251, 69)
linewidth = 2
transp = 97
ema = 1
max_bars_back(time, 500)
normalize(src, lookBack) =>
min_val = ta.lowest(src, lookBack)
max_val = ta.highest(src, lookBack)
normalized = (src - min_val) / (max_val - min_val)
normalized
US10Y_price = 4.26
CL_price = 82
NG_price = 1.8
HG_price = 24.5
SI_price = 4
GC_price = 2178
EURUSD_price = 1.0829
USDJPY_price = 151.58
US10Y = request.security('US10Y', timeframe.period, close)
CL = request.security('CL1!', timeframe.period, close)
// NG = request.security('NG1!', timeframe.period, close)
// HG = request.security('HG1!', timeframe.period, close)
// SI = request.security('SI1!', timeframe.period, close)
// GC = request.security('GC1!', timeframe.period, close)
EURUSDx = request.security('EURUSD', timeframe.period, close)
USDJPYx = request.security('USDJPY', timeframe.period, close)
// realYields = CL/CL_price + NG/NG_price + HG/HG_price - 3*US10Y/US10Y_price
realYields = CL/CL_price - US10Y/US10Y_price
USDStrength = USDJPYx/USDJPY_price - EURUSDx/EURUSD_price
bias = realYields + USDStrength*50 // An even weight would be more like 100 but I think real yields may be more important
//NZDCAD correlated instruments: 14
//GBPCAD correlated instruments: 8
//GBPCHF correlated instruments: 14
//EURGBP correlated instruments: 14
//AUDCAD correlated instruments: 14
//NZDJPY correlated instruments: 12
//CHFJPY correlated instruments: 13
//CADJPY correlated instruments: 14
//CADCHF correlated instruments: 13
//EURNZD correlated instruments: 12
//AUDCHF correlated instruments: 7
//AUDJPY correlated instruments: 13
//EURJPY correlated instruments: 14
//GBPJPY correlated instruments: 13
//GBPUSD correlated instruments: 14
//AUDUSD correlated instruments: 14
//NZDUSD correlated instruments: 14
//USDJPY correlated instruments: 14
//EURCHF correlated instruments: 14
//EURUSD correlated instruments: 15
//GBPNZD correlated instruments: 5
//USDCHF correlated instruments: 13
//USDCAD correlated instruments: 12
//XAUUSD correlated instruments: 10
NZDCAD0 = request.security('(NOKSEK/0.99134)*-4+(XBRUSD/87.08)*-4+(XLE/93.91)*-3+(GBPSEK/13.63826)*-2+(AUDJPY/99.299)*2+(URA/28.94)*2+(EURJPY/164.606)*2+(EURCAD/1.4653)*1+(EURHKD/8.33545)*1+(AUDUSD/0.64209)*1', timeframe.period, close)
NZDCAD1 = request.security('(CHFSGD/1.493)*1+(USDJPY/154.649)*1+(LQD/104.84)*1+(MOO/70.48)*-1', timeframe.period, close)
NZDCAD = ta.ema((NZDCAD0+NZDCAD1) / 14 * 0.81251, ema)
src := syminfo.ticker=='NZDCAD' ? NZDCAD : src
// GBPCAD0 = request.security('(USDPLN/4.07289)*-4+(EURPLN/4.3355)*-2+(GBPDKK/8.71762)*1+(EURHKD/8.33545)*1+(MJ/3.78)*-1+(EPHE/25.09)*1+(USDCNH/7.25012)*1+(GBPNZD/2.10695)*1', timeframe.period, close)
// GBPCAD = ta.ema((GBPCAD0) / 8 * 1.71209, ema)
// src := syminfo.ticker=='GBPCAD' ? GBPCAD : src
GBPCHF0 = request.security('(XNGUSD/1.704)*-6+(DBA/25.89)*4+(EWZ/30.14)*-3+(GBPJPY/192.328)*3+(XLP/73.76)*2+(EURNOK/11.76151)*1+(NOKJPY/13.981)*1+(EEM/39.86)*1+(JP225/37733.08)*1+(USDMXN/17.0684)*-1', timeframe.period, close)
GBPCHF1 = request.security('(USDPLN/4.07289)*1+(NZDJPY/91.261)*-1+(SEKJPY/14.092)*-1+(GBPSEK/13.63826)*1', timeframe.period, close)
GBPCHF = ta.ema((GBPCHF0+GBPCHF1) / 14 * 1.13461, ema)
src := syminfo.ticker=='GBPCHF' ? GBPCHF : src
EURGBP0 = request.security('(XLI/120.66)*-4+(NOKJPY/13.981)*-4+(XLP/73.76)*-3+(USDMXN/17.0684)*3+(EURPLN/4.3355)*2+(FXI/24.03)*2+(EURNOK/11.76151)*2+(EURZAR/20.36354)*-2+(EEM/39.86)*1+(GBPDKK/8.71762)*-1', timeframe.period, close)
EURGBP1 = request.security('(URA/28.94)*1+(XLU/64.48)*1+(USDJPY/154.649)*1+(GBPJPY/192.328)*-1', timeframe.period, close)
EURGBP = ta.ema((EURGBP0+EURGBP1) / 14 * 0.85583, ema)
src := syminfo.ticker=='EURGBP' ? EURGBP : src
// AUDCAD0 = request.security('(NOKSEK/0.99134)*-9+(XBRUSD/87.08)*-4+(CADCHF/0.66267)*1+(EURCHF/0.97108)*1+(EURCAD/1.4653)*1+(AUDUSD/0.64209)*1+(AUDJPY/99.299)*1+(CHFSGD/1.493)*1+(NZDCAD/0.81251)*1+(GBPSGD/1.69409)*1', timeframe.period, close)
// AUDCAD1 = request.security('(USDJPY/154.649)*1+(URA/28.94)*1+(GBPUSD/1.24365)*1+(EURJPY/164.606)*1', timeframe.period, close)
// AUDCAD = ta.ema((AUDCAD0+AUDCAD1) / 14 * 0.88394, ema)
// src := syminfo.ticker=='AUDCAD' ? AUDCAD : src
// NZDJPY0 = request.security('(MOO/70.48)*-5+(URA/28.94)*3+(UNG/14.36)*-3+(EWW/64.86)*3+(FXI/24.03)*-2+(XLI/120.66)*2+(USDCZK/23.7311)*2+(GBPSEK/13.63826)*-2+(IT40/33708.2)*1+(MidDE50/26234.0)*-1', timeframe.period, close)
// NZDJPY1 = request.security('(USDMXN/17.0684)*-1+(MJ/3.78)*1', timeframe.period, close)
// NZDJPY = ta.ema((NZDJPY0+NZDJPY1) / 12 * 91.261, ema)
// src := syminfo.ticker=='NZDJPY' ? NZDJPY : src
CHFJPY0 = request.security('(URA/28.94)*4+(MOO/70.48)*-4+(FXI/24.03)*-3+(LQD/104.84)*2+(XLU/64.48)*-2+(EWW/64.86)*2+(XPDUSD/1022.37)*-2+(UNG/14.36)*-1+(IT40/33708.2)*1+(MidDE50/26234.0)*-1', timeframe.period, close)
CHFJPY1 = request.security('(USDCZK/23.7311)*1+(USDSEK/10.9657)*-1+(XAUEUR/2234.79)*1', timeframe.period, close)
CHFJPY = ta.ema((CHFJPY0+CHFJPY1) / 13 * 169.498, ema)
src := syminfo.ticker=='CHFJPY' ? CHFJPY : src
// CADJPY0 = request.security('(USDCZK/23.7311)*5+(XNGUSD/1.704)*-3+(MJ/3.78)*3+(USDTHB/36.788)*2+(IT40/33708.2)*2+(MidDE50/26234.0)*-2+(USDMXN/17.0684)*-2+(JP225/37733.08)*2+(USDZAR/19.14448)*-1+(XLI/120.66)*1', timeframe.period, close)
// CADJPY1 = request.security('(EWY/61.79)*-1+(EURPLN/4.3355)*-1+(EURHKD/8.33545)*-1+(USDSEK/10.9657)*-1', timeframe.period, close)
// CADJPY = ta.ema((CADJPY0+CADJPY1) / 14 * 112.329, ema)
// src := syminfo.ticker=='CADJPY' ? CADJPY : src
CADCHF0 = request.security('(XLE/93.91)*3+(GBPCHF/1.13461)*3+(EWZ/30.14)*-3+(AUDCHF/0.5858)*2+(AUDCAD/0.88394)*-2+(NZDCAD/0.81251)*-2+(DBA/25.89)*2+(MJ/3.78)*2+(SEKJPY/14.092)*-2+(USDSEK/10.9657)*1', timeframe.period, close)
CADCHF1 = request.security('(XNGUSD/1.704)*-1+(NZDCHF/0.5384)*-1+(AUDJPY/99.299)*-1', timeframe.period, close)
CADCHF = ta.ema((CADCHF0+CADCHF1) / 13 * 0.66267, ema)
src := syminfo.ticker=='CADCHF' ? CADCHF : src
EURNZD0 = request.security('(URA/28.94)*-4+(CHINA50/12280.63)*2+(EWZ/30.14)*-2+(UK100/7859.0)*-1+(DBA/25.89)*1+(FXI/24.03)*1+(EEM/39.86)*1+(LQD/104.84)*-1+(XLP/73.76)*1+(CADJPY/112.329)*1', timeframe.period, close)
EURNZD1 = request.security('(XLE/93.91)*1+(SGDJPY/113.516)*1', timeframe.period, close)
EURNZD = ta.ema((EURNZD0+EURNZD1) / 12 * 1.80331, ema)
src := syminfo.ticker=='EURNZD' ? EURNZD : src
AUDCHF0 = request.security('(DBA/25.89)*5+(XNGUSD/1.704)*-3+(EURNOK/11.76151)*1+(GBPSEK/13.63826)*-1+(USDNOK/11.04975)*1+(EURZAR/20.36354)*-1+(USDMXN/17.0684)*-1', timeframe.period, close)
AUDCHF = ta.ema((AUDCHF0) / 7 * 0.5858, ema)
src := syminfo.ticker=='AUDCHF' ? AUDCHF : src
AUDJPY0 = request.security('(MOO/70.48)*-5+(UNG/14.36)*-3+(NOKSEK/0.99134)*-2+(EWW/64.86)*2+(URA/28.94)*2+(IT40/33708.2)*2+(XLI/120.66)*2+(NZDJPY/91.261)*2+(USDCZK/23.7311)*1+(USDZAR/19.14448)*-1', timeframe.period, close)
AUDJPY1 = request.security('(CADCHF/0.66267)*1+(MidDE50/26234.0)*-1+(EURNOK/11.76151)*-1', timeframe.period, close)
AUDJPY = ta.ema((AUDJPY0+AUDJPY1) / 13 * 99.299, ema)
src := syminfo.ticker=='AUDJPY' ? AUDJPY : src
// EURJPY0 = request.security('(USDCZK/23.7311)*6+(IT40/33708.2)*2+(MidDE50/26234.0)*-2+(CADJPY/112.329)*2+(GBPSEK/13.63826)*-2+(JP225/37733.08)*2+(USDZAR/19.14448)*-1+(XLI/120.66)*1+(EWY/61.79)*-1+(SEKJPY/14.092)*-1', timeframe.period, close)
// EURJPY1 = request.security('(USDMXN/17.0684)*-1+(XNGUSD/1.704)*-1+(DBA/25.89)*1+(USDSEK/10.9657)*-1', timeframe.period, close)
// EURJPY = ta.ema((EURJPY0+EURJPY1) / 14 * 164.606, ema)
// src := syminfo.ticker=='EURJPY' ? EURJPY : src
GBPJPY0 = request.security('(UNG/14.36)*-4+(XLI/120.66)*4+(LQD/104.84)*-2+(IT40/33708.2)*2+(NZDJPY/91.261)*2+(URA/28.94)*1+(EWW/64.86)*1+(AUS200/7576.3)*1+(MidDE50/26234.0)*-1+(EURNOK/11.76151)*-1', timeframe.period, close)
GBPJPY1 = request.security('(ICMARKETS:ES35/10718.3)*1+(USDCZK/23.7311)*1+(USDMXN/17.0684)*-1', timeframe.period, close)
GBPJPY = ta.ema((GBPJPY0+GBPJPY1) / 13 * 192.328, ema)
src := syminfo.ticker=='GBPJPY' ? GBPJPY : src
GBPUSD0 = request.security('(XBRUSD/87.08)*-5+(EWW/64.86)*4+(USDCNH/7.25012)*-3+(XLE/93.91)*-3+(NZDCAD/0.81251)*3+(USDPLN/4.07289)*-3+(XLP/73.76)*3+(XLU/64.48)*2+(GBPDKK/8.71762)*2+(USDHUF/370.211)*-2', timeframe.period, close)
GBPUSD1 = request.security('(EURDKK/7.46057)*-1+(FXI/24.03)*1+(EURNZD/1.80331)*1+(CADJPY/112.329)*-1', timeframe.period, close)
GBPUSD = ta.ema((GBPUSD0+GBPUSD1) / 14 * 1.24365, ema)
src := syminfo.ticker=='GBPUSD' ? GBPUSD : src
AUDUSD0 = request.security('(NZDCAD/0.81251)*5+(AUDCAD/0.88394)*5+(XBRUSD/87.08)*-4+(USDCNH/7.25012)*-3+(USDSGD/1.3622)*-3+(XLU/64.48)*2+(XLE/93.91)*-2+(EURDKK/7.46057)*-2+(USDHKD/7.83131)*-2+(CADCHF/0.66267)*-2', timeframe.period, close)
AUDUSD1 = request.security('(AUDJPY/99.299)*2+(USDCAD/1.37673)*1+(FXI/24.03)*1+(CHFSGD/1.493)*1', timeframe.period, close)
AUDUSD = ta.ema((AUDUSD0+AUDUSD1) / 14 * 0.64209, ema)
src := syminfo.ticker=='AUDUSD' ? AUDUSD : src
NZDUSD0 = request.security('(XBRUSD/87.08)*-5+(NZDCAD/0.81251)*4+(XLE/93.91)*-4+(URA/28.94)*3+(USDCNH/7.25012)*-2+(XLU/64.48)*2+(EWZ/30.14)*2+(USDCAD/1.37673)*1+(EURDKK/7.46057)*-1+(USDHUF/370.211)*-1', timeframe.period, close)
NZDUSD1 = request.security('(FXI/24.03)*1+(USDHKD/7.83131)*-1+(CADCHF/0.66267)*-1+(XAGEUR/26.519)*1', timeframe.period, close)
NZDUSD = ta.ema((NZDUSD0+NZDUSD1) / 14 * 0.59021, ema)
src := syminfo.ticker=='NZDUSD' ? NZDUSD : src
USDJPY0 = request.security('(USDCZK/23.7311)*5+(USDTHB/36.788)*4+(CADJPY/112.329)*3+(USDZAR/19.14448)*-2+(XNGUSD/1.704)*-2+(USDMXN/17.0684)*-2+(SEKJPY/14.092)*-1+(XLE/93.91)*1+(NOKJPY/13.981)*-1+(USDSEK/10.9657)*-1', timeframe.period, close)
USDJPY1 = request.security('(USDHUF/370.211)*1+(XAUEUR/2234.79)*1+(NOR25/1255.17)*1+(CORN/436.19)*-1', timeframe.period, close)
USDJPY = ta.ema((USDJPY0+USDJPY1) / 14 * 154.649, ema)
src := syminfo.ticker=='USDJPY' ? USDJPY : src
EURCHF0 = request.security('(GBPCHF/1.13461)*5+(DBA/25.89)*5+(CHFSGD/1.493)*-2+(EWZ/30.14)*-2+(XNGUSD/1.704)*-2+(EURZAR/20.36354)*-1+(XLE/93.91)*1+(NZDCAD/0.81251)*-1+(AUDNZD/1.08785)*1+(EEM/39.86)*1', timeframe.period, close)
EURCHF1 = request.security('(AUDCAD/0.88394)*-1+(USDMXN/17.0684)*-1+(USDSEK/10.9657)*1+(NZDCHF/0.5384)*-1', timeframe.period, close)
EURCHF = ta.ema((EURCHF0+EURCHF1) / 14 * 0.97108, ema)
src := syminfo.ticker=='EURCHF' ? EURCHF : src
EURUSD0 = request.security('(XBRUSD/87.08)*-6+(XLE/93.91)*-5+(NZDCAD/0.81251)*3+(XLP/73.76)*3+(USDSGD/1.3622)*-3+(XLU/64.48)*2+(EURDKK/7.46057)*-2+(AUDCAD/0.88394)*2+(AUDJPY/99.299)*2+(FXI/24.03)*1', timeframe.period, close)
EURUSD1 = request.security('(USDHUF/370.211)*-1+(EURJPY/164.606)*1+(EWH/14.71)*1+(EURHKD/8.33545)*1+(USDPLN/4.07289)*-1', timeframe.period, close)
EURUSD = ta.ema((EURUSD0+EURUSD1) / 15 * 1.06437, ema)
src := syminfo.ticker=='EURUSD' ? EURUSD : src
GBPNZD0 = request.security('(EWZ/30.14)*-2+(EEM/39.86)*1+(XLP/73.76)*1+(URA/28.94)*-1+(GBPJPY/192.328)*1', timeframe.period, close)
GBPNZD = ta.ema((GBPNZD0) / 5 * 2.10695, ema)
src := syminfo.ticker=='GBPNZD' ? GBPNZD : src
USDCHF0 = request.security('(AUDCHF/0.5858)*4+(AUDNZD/1.08785)*4+(NZDCAD/0.81251)*-4+(EWZ/30.14)*-4+(AUDCAD/0.88394)*-3+(XLE/93.91)*3+(SEKJPY/14.092)*-2+(NZDUSD/0.59021)*-2+(AUDSGD/0.87467)*-2+(GBPCHF/1.13461)*2', timeframe.period, close)
USDCHF1 = request.security('(DBA/25.89)*2+(CADJPY/112.329)*1+(CHFSGD/1.493)*-1', timeframe.period, close)
USDCHF = ta.ema((USDCHF0+USDCHF1) / 13 * 0.91233, ema)
src := syminfo.ticker=='USDCHF' ? USDCHF : src
USDCAD0 = request.security('(USDJPY/154.635)*6+(XLE/94.94)*4+(XBRUSD/87.36)*4+(EWY/61.29)*-4+(USDHUF/369.812)*2+(AUDSGD/0.87363)*-2+(AUDJPY/99.23)*-2+(NZDJPY/91.047)*-2+(XLU/65.36)*-2+(EURGBP/0.86136)*1', timeframe.period, close)
USDCAD1 = request.security('(CADJPY/112.462)*-1+(XAGEUR/26.9)*-1+(USDCZK/23.6632)*1', timeframe.period, close)
USDCAD = ta.ema((USDCAD0+USDCAD1) / 13 * 1.37498, ema)
src := syminfo.ticker=='USDCAD' ? USDCAD : src
XAUUSD0 = request.security('(XLI/120.66)*6+(UNG/14.36)*-5+(LQD/104.84)*-2+(IT40/33708.2)*2+(GBPJPY/192.328)*2+(ICMARKETS:ES35/10718.3)*2+(EWW/64.86)*1+(EWC/36.83)*1+(MidDE50/26234.0)*-1+(CADJPY/112.329)*-1', timeframe.period, close)
// XAUUSD = ta.ema((XAUUSD0) / 10 * 2378.86, ema)
// XAUUSD := normalize(XAUUSD, 500) + normalize(bias, 500)
XAUUSD = XAUUSD0 + bias
src := syminfo.ticker=='XAUUSD' ? XAUUSD : src
src := syminfo.ticker=='GC1!' ? XAUUSD : src
plot(src, title='Value Line', color=c, linewidth = linewidth)
spent the weekend trying to make an indicator to show gold spread/skew signals. it was tough and didn't turn out super great but I think my divergence calculation is better now. I added in some value lines too and overlay the signals when divergence lines up on the skew + whatever
I also made an RGL indicator that will plot lines at certain prices during the day
And I updated the L2 code to better highlight where there's commercial buying or selling
I also made an RGL indicator that will plot lines at certain prices during the day
And I updated the L2 code to better highlight where there's commercial buying or selling
