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lvturner
13 de Mar de 2018 07:49

BTC Correlation 

Litecoin / DollarBitfinex

Descrição

A simple script to display how correlated the current ticker is to Bitcoin.

Inputs are the number of bars to check correlation for (default 10) and the the ticker to use for BTC comparison (default is BITFINEX:BTCUSD)

Values of 1 are highly correlated (i.e. bitcoin moves up, so does your current ticker), values of -1 are inversely correlated (i.e. bitcoin moves up, your current ticker moves down).


See: babypips.com/learn/forex/what-is-currency-correlation for some more details on correlation
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