Introduction to the Forex Correlation Tool
In Forex trading, correlation refers to the relationship between the price movements of two trading symbols. The TradingFinder Correlation Tool displays this value in a table with up to 10 columns, expressed as percentages.
Features of the TradingFinder Correlation Tool
This tool includes the following features:
- Unlimited addition of symbols as table rows
- Timeframe adjustment options: [5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day, 1 week, 1 month]
- Filtering currencies based on minimum/maximum correlation thresholds

How to Use the TradingFinder Correlation Tool
To use the correlation tool, follow these steps:
- Use the settings button to show the desired currency pairs in the rows and columns;
- After selecting the "Filters" option, specify the timeframe and correlation range;
- In the first row (top) and the first column (right), select two symbols and view their correlation value in the middle of the table.

Practical Applications of Forex Correlation for Traders
Understanding correlation values between two symbols can positively impact trading in the following ways:
- Hedging to prevent losses
- Diversifying a portfolio
- Confirming trade decisions
- Avoiding multiple positions in highly correlated currencies
Conclusion
The TradingFinder Forex Correlation Tool displays correlation values between asset prices within a range of -100% to 100%. This platform enables users to select from 72 currency pairs and 8 different timeframes (from 5 minutes to 1 month).