This free TradeStation code is a simplified version of Murray Ruggiero Jr.’s Intermarket Divergence Pro software. This utility was designed to explore intermarket relationships. While the paid version of this tool supports more relationships and more advanced features, this program allows people to begin to explore the world of intermarket analysis and better understand it’s power.
Standard correlation between markets are not useful if our goal is to either predict future prices or generate profitable signals because current correlation does not tell us anything about future prices. A methodology we developed originally developed in the mid 1990’s called intermarket divergence allows us to gauge the predictive power of an intermarket relationship and produce 100% objective signals.
To begin exploring this powerful concept, please request this free code using the form to the right.