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How to choose the cross market?

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Waid

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3 years ago #267878

EURUSD<->GBPUSD<->USDCHF

EURJPY<->GBPJPY

AUDCAD<->AUDCHF

From the tutorial I found we can do robust test  the cross market by the above ways.

So here rises a question.

how about other pairs? e.g. NZDCAD <->?  GBPCHF<-> ?, … how to systematically decide the suitable cross market pairs?

Or is there any mapping table?

 

 

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Zoster81

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3 years ago #267879

I think they can be chosen through correlations, for example gbpusd and and usdchf have a very high correlation with eurusd.

I suppose this is the logic

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hankeys

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3 years ago #267888

you can use some correlated pair – https://www.fxblue.com/market-data/tools/correlation-matrix

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Waid

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3 years ago #267913

 

Thanks, So the idea is to find highly correlated pairs.

But from fxblue, I cannot increase pairs to look up more. Does someone know how to adjust it?

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hankeys

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3 years ago #267926

many users, many ideas, for example i am not using this method….but if you dont want to run the strats across all for example 28 pairs, you can choose the high correlated only

do you see the setting button on the left side?

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Waid

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3 years ago #267935

Thanks,

I did not notice the setting button will pop out something. Since at first time I tried to press it without anything happen until now I wait for seconds and a setting window pop out. Thanks

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