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Jun 24 2008, 14:15
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![]() Mataf's VIP ![]() ![]() ![]() ![]() Group: Admin Posts: 2,230 Joined: 8-September 05 From: France Member No.: 1 Broker: Oanda Skype: forex.trader Demo/Real: Real Leverage: 1:5 |
Could you please explain what the 'points' are when calculating/looking at the correlation tables?
In Wikipedia we can read: In probability theory and statistics, correlation, (often measured as a correlation coefficient), indicates the strength and direction of a linear relationship between two random variables. In general statistical usage, correlation or co-relation refers to the departure of two variables from independence. In our correlation table, the two random variables are two pairs and the number of points is the number of data of each pairs. Example: I want to calculate the hourly correlation during the last 24 hours between EURUSD and GBPUSD. I'll select EURUSD and GBPUSD and the number of points will be 24. |
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Jul 23 2008, 11:04
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#2
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![]() Mataf's VIP ![]() ![]() ![]() ![]() Group: Admin Posts: 2,230 Joined: 8-September 05 From: France Member No.: 1 Broker: Oanda Skype: forex.trader Demo/Real: Real Leverage: 1:5 |
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Jun 24 2008, 14:15







