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RE: [amibroker] Non-correlated markets in AB


  • Date: Thu, 7 Jan 2010 22:16:43 -0500
  • From: Rajiv Arya <rajivarya87@xxxxxxxxxxx>
  • Subject: RE: [amibroker] Non-correlated markets in AB

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To: amibroker@xxxxxxxxxxxxxxx
From: joseph_occhipinti@xxxxxxxxx
Date: Thu, 7 Jan 2010 18:46:49 -0800
Subject: [amibroker] Non-correlated markets in AB

 

Hi all

Im in the process of looking into a couple of different trading strategies in commodities. I am keen to trade a basket of commodties simultaneously but i am mindful of not chosing a group that are strongly correlated (say 80%+), be it positively or inversely. 

My question to AB users is as follows - is there a function in AB that allows me to gauge such information? 

Or is it merely a case of eyeballing several charts and overlaying them on each other?

ieal scenario would be to trade say 8 - 10 markets, all mostly uncorrelated

could be:
5 commodities;
3 FX;
2 indicies.

Cheers
Joe


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