Trading correlations with The Standalones
Considering and trading correlations between markets can be an important part of your edge. See one possible Remek! Momentum Standalones workspace that makes it practical and visually easy.
The red arrows indicate the positioning of - potentially - correlated assets. (Yes, NG and HG are not strongly correlated with the other three in their column if at all, but the sample below is just to demonstrate the concept: you will want to include your own preferred instruments in your own workspace anyway.)
If you want this NT8.1 workspace file, send us an email, we’ll be happy to share it with you. (Note: one Standalones product will be needed for the charts to load as shown below, and you may also want a copy of RRS and RC to replicate our Remek! Market Scanner Pro, shown in the lower right corner.)
We hope the above provides some inspiration for the weekend! Also see our Forum for valuable discussions on our work, and make sure you’ve delved deep into our vast Resources!