PAIR TRADE : XME (METAL & MINING) VS EWG ( GERMANY)
CORRELATION : 87 % , based on the past 100 days
Co -integration: 0.90
LONG XME GREEN) @ 42.13
SHORT EWG (RED) @ 23.26
Avg trade length : 20 days
75 % winning rate for this pair over the past 3 years
P.S : Thanks for the new feature Tradingview, very cool. Keep up the awesome work :) .
Algo
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.