Pfizer and its correlation with other indices. In this case, we are looking at the correlation of Pfizer and its correlation with the Dollar Index. We can achieve same results with any combination of instruments, as long as the platform allow such data to be called in the code.

The technical indicator can be done in several ways and with any instrument kind such as tocks or futures. We have also done it with Bitcoin. By colorizing the indicator, we take the RSI of the instrument to be plotted minus the instrument or index to be compared with. Such results then are plotted to see how the main instrument is moving.

A great way to analyze your instruments or portfolio. 

For educational purposes only and not intended as a financial advice of any kind.