INVITE-ONLY SCRIPT
Correlation Flow
Correlation
An indicator designed to filter overall market direction using a Correlation + Majority Vote system.
Built primarily for NQ / ES trading, but fully adaptable to stock groups, indices, or custom asset baskets.
🔹 Core Concept
The indicator analyzes trend direction across multiple symbols simultaneously (up to 7).
It then determines which side the overall market bias supports using a Majority Rule approach.
This makes it ideal as a Market Regime Filter / Confirmation Layer before executing actual trades.
✅ Key Features
1) Ready-to-Use Presets (No manual symbol input required)
NQ / ES (Risk-On)
Uses NDX, SPX, DJI plus risk-off controls such as DXY, US10Y, and VIX (inverted)
MAG7 (NASDAQ)
Tracks the 7 major tech stocks (AMZN, AAPL, MSFT, NVDA, etc.)
Custom (Manual)
Select your own symbols for each slot using the Symbol Picker
2) Correlation with up to 7 Symbols
• Enable / disable each symbol individually
• Apply Invert for inversely correlated assets (e.g. DXY, Bonds, VIX)
• Uses Supertrend (ATR-based) to convert each symbol into a clear Up / Down direction
3) Flexible Majority Rule Logic
• Default mode: More than 50% majority
• Advanced mode: Set a custom threshold (%) such as 60–70% to reduce noise and produce more stable signals
4) Direct Chart Visualization
• Candles are colored based on the correlation result
• If the vote is unclear → candles remain neutral (no color)
• Color logic is designed as a filter, not a direct entry/exit signal
🎯 Who This Indicator Is For
• NQ / ES traders who want to know whether the broader market supports or suppresses price action
• Traders who don’t want to monitor multiple charts (SPX, DXY, Bonds, VIX) separately
• Those looking to add a confirmation layer before trading systems such as VWAP, POC, or Orderflow
⚙️ Recommended Usage (NQ / ES)
Select Preset = NQ / ES (Risk-On)
Start with Threshold > 50%
On volatile or choppy days, increase threshold to 60–70%
Use the result as a “green light / red light” before executing trades
⚠️ Disclaimer
This indicator is a market analysis and directional filtering tool.
It is not a guaranteed trading system and should always be used together with proper risk management and a complete trading plan.
How to display the indicator above the chart
After applying the indicator, open the Object Tree panel.
Locate the indicator in the list, then drag it above the price chart or adjust its layer order so the indicator is displayed on top of the chart.
An indicator designed to filter overall market direction using a Correlation + Majority Vote system.
Built primarily for NQ / ES trading, but fully adaptable to stock groups, indices, or custom asset baskets.
🔹 Core Concept
The indicator analyzes trend direction across multiple symbols simultaneously (up to 7).
It then determines which side the overall market bias supports using a Majority Rule approach.
This makes it ideal as a Market Regime Filter / Confirmation Layer before executing actual trades.
✅ Key Features
1) Ready-to-Use Presets (No manual symbol input required)
NQ / ES (Risk-On)
Uses NDX, SPX, DJI plus risk-off controls such as DXY, US10Y, and VIX (inverted)
MAG7 (NASDAQ)
Tracks the 7 major tech stocks (AMZN, AAPL, MSFT, NVDA, etc.)
Custom (Manual)
Select your own symbols for each slot using the Symbol Picker
2) Correlation with up to 7 Symbols
• Enable / disable each symbol individually
• Apply Invert for inversely correlated assets (e.g. DXY, Bonds, VIX)
• Uses Supertrend (ATR-based) to convert each symbol into a clear Up / Down direction
3) Flexible Majority Rule Logic
• Default mode: More than 50% majority
• Advanced mode: Set a custom threshold (%) such as 60–70% to reduce noise and produce more stable signals
4) Direct Chart Visualization
• Candles are colored based on the correlation result
• If the vote is unclear → candles remain neutral (no color)
• Color logic is designed as a filter, not a direct entry/exit signal
🎯 Who This Indicator Is For
• NQ / ES traders who want to know whether the broader market supports or suppresses price action
• Traders who don’t want to monitor multiple charts (SPX, DXY, Bonds, VIX) separately
• Those looking to add a confirmation layer before trading systems such as VWAP, POC, or Orderflow
⚙️ Recommended Usage (NQ / ES)
Select Preset = NQ / ES (Risk-On)
Start with Threshold > 50%
On volatile or choppy days, increase threshold to 60–70%
Use the result as a “green light / red light” before executing trades
⚠️ Disclaimer
This indicator is a market analysis and directional filtering tool.
It is not a guaranteed trading system and should always be used together with proper risk management and a complete trading plan.
How to display the indicator above the chart
After applying the indicator, open the Object Tree panel.
Locate the indicator in the list, then drag it above the price chart or adjust its layer order so the indicator is displayed on top of the chart.
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、Famouzxに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
none
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、Famouzxに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
none
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。