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Hi Jim,
I'm using about 2 1/2 years of eod data. The two graphs march along in
lock step, but the indicator wanders all over the zero line, never reaching
1 or -1. Sounds like I have the same settings as you, default 25 bars
for the indicator. I looked at the code and I see no reason it wouldn't
always be 1. Does any one have any ideas about other settings in ts2000
that I might have messed up ?
Rick
Jim Johnson wrote:
> 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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