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Hello rnorman,
I get 1.0 using dialy. HOwever, 1st time I ever used that indioactor.
over last 100 days,len = 25, r started out at 1.0, drops to 0, then
climbs to 1.00 again. looks a bit suspect. Mess w Max # Bars to
reference. Looks to me like it takes it a while to get correct, with
initial len bars being incorrect. ??
Monday, February 11, 2002, 10:38:23 AM, you wrote:
r> Ok, I'm probably missing something obvious but
r> I would appreciate clarification.
r> My understanding of the correlation indicator is
r> that 1 means 100% positive correlation. Why, when I
r> use the symbols for es (e-mini) and sp (s&p 500)
r> with the correlation indicator do I get a line that wanders back and
r> forth above and below zero, shouldn't it be one ?
r> thanks,
r> Rick
--
Best regards,
Jim mailto:jejohn@xxxxxxxxxxxxxxxx
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