ORACLE♕EURUSD_ENG.ex5 (40.5 KB)
ORACLE♕GBPUSD_ENG.ex5 (40.9 KB)
ORACLE♕USDCAD_ENG.ex5 (41.0 KB)
ORACLE♕USDJPY_ENG.ex5 (41.6 KB)
ORACLE♕USDCHF_ENG.ex5 (40.8 KB)
ORACLE♕AUDUSD_ENG.ex5 (40.8 KB)
ORACLE♕NZDUSD_XAU_ENG.ex5 (41.5 KB)
Hello!
This is the correlator robot that you will learn about in this guide.
The idea of the robot is to show how homogeneous trading instruments move synchronously. The main currency draws cross - pairs, where one of the elements is the main currency.
Often, different pairs show false movements and diverge for a while. This is necessary in order to make trading decisions. One pair often returns to the general group, or, less often, the main group moves towards the lagging instrument, which is more like a trend movement.
To trade with this robot indicator, you must first practice on a demo account. Trading is high-frequency, and it is necessary to make decisions quickly and correctly so as not to go deeper against the trend.
You need to wait a few hours on the M1 timeframe for the robot to analyze the movement of all charts and combine the correlation of all instruments into a single whole.
This robot is incredibly easy to use. Basic settings include a minimum number of partitions:
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Access code for activating the subscription. The subscription price is only $ 10 per year for all Oracle robots and tool groups, and the access code is the same for all users. Free demo work is available until the end of the month.
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Deleting correlation lines. These rainbow lines require your computer’s memory to draw. Although they don’t take up much space, they can slow down your computer or server over time. This function allows you to delete unnecessary lines that are no longer relevant for trading.
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Tail length. You can choose the number of bars for its length.
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Step of the button in points. This setting determines the pitch accuracy when you move the up-down arrows to capture the signal. If the arrows are located close to the white line, then there will be a lot of signals, and if they are far away, they will be less frequent, but more accurate. In any case, you will receive an “Alert” notification or a\beep when the goal is completed.
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Beep sound. You can choose the default ringtone name. In the root folder of the terminal, there is a “Sound” folder, where you will find the entire selection of.
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Dynamics of convergence of lines. Please note that once a minute the robot moves the lines together by a small step in points towards the main pair that the\window belongs to. This is done to group rainbow lines and visually compare them. This also makes a lot of sense, given the lost time for the pair to return to the group. You can configure this parameter as you like. Usually 1-4 points per minute is enough.
In this version, the robot cannot manage orders or trade!
On the screen, you will find the control buttons and the\information panel. Using the buttons, you can push the display arrows that are located at the top and bottom relative to the price. The green button activates an alarm that will give signals when a certain price is reached before the arrow. Pay attention to the bold white line — it is the mathematical midpoint of all prices on the screen. It is relative to this line that the indicator arrows move, creating a free corridor for minor movements in the correlation of all prices without the signal.
The information panel at the bottom shows the topmost pair and the lowest one, while changing the color to the color of the line. Also, when you hover the window mouse cursor over any line of the tool, the name of this tool will appear.
