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Introducing the Implied Correlation Signal

Hi everyone, this is my first post on WealthUmbrella! I’m Zackary Stephenson, and I’ve been coding behind the scenes for WU since the beginning of 2024. Today, I’m here to introduce one of the indicators I’ve been working on recently. But before that, I thought I’d share a bit of my background.

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5 comments

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5 Comments

Betabull3945
4 days ago

Welcome to the team, great work!

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Kiyan A
5 days ago
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Amazing work! I don't understand this part, though: "The result of this indicator is a relatively strong signal that will usually ignore small dips. It tends to trigger early but will very rarely activate before a correction truly begins."


If it tends to trigger early, how is that compatible with "will very rarely activate before a correction"?

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Vincent D.
Vincent D.
4 days ago
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Replying to

Hi Kiyan, I will reply on behalf of Zackary as he just flew to Portugal with his family for a well-deserved summer vacation. I'm sure he will respond here, but it might be with some delay. I believe what he meant is that these data tend to raise a flag very quickly during a correction but not necessarily before. It's a bit like an EMA price action strategy—depending on the length of the EMA, some would trigger sooner than others, but they will never trigger before seeing at least some downtrend. Unlike with my EMA example, which by design cannot trigger before the downtrend begins, theoretically the Implied Correlation signal could. However, history tells us that it is unlikely. The…

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Bjoern
5 days ago
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Welcome to the team Zackary! Seems like very interesting times ahead with WU for you and us! :-)

All the best!

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John
6 days ago

Hi Zackary,

This is a great addition to WU's signals. Thanks for all your hard work and detailed explanation.

Best regards,

John

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