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BTC Correlation Coefficient

An indicator that only calculates and displays the correlation coefficient with bitfinex:BTCUSD close.
By changing the settings, you can calculate any chart and correlation coefficient
0.7 to 1.0 There is a fairly strong positive correlation
0.4 to 0.7 Positive correlation
0.2 to 0.4 with a weak positive correlation
-0.2 ~ 0 ~ 0.2 Little correlation
-0.4 to -0.2 Weak negative correlation
-0.7 to -0.4 Negative correlation
-1 to -0.7 Significantly negative correlation


bitfinex:BTCUSDのcloseとの相関係数を計算して表示するだけのインジケーターです。
設定を変更すれば任意のチャートと相関係数の計算ができます
0.7 ~ 1.0 かなり強い正の相関がある
0.4 ~ 0.7 正の相関がある
0.2 ~ 0.4 弱い正の相関がある
-0.2 ~ 0 ~ 0.2 ほとんど相関がない
-0.4 ~ -0.2 弱い負の相関がある
-0.7 ~ -0.4 負の相関がある
-1 ~ -0.7 かなり強い負の相関がある
オープンソーススクリプト

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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