Ever taken a perfect trade… only to get wiped out by another position that moved in sync? Yep, correlation can be a silent killer in Forex. But not anymore. With the Pulse Matrix Correlation Indicator V1.0 for MT4, you can now monitor, compare, and analyze currency pair correlations in real time, right on your chart.


And the best part? It’s completely FREE to download on ForexFactory.cc, powered by the experts at YoForex.


Whether you’re a scalper looking to avoid overlapping trades or a swing trader managing portfolio exposure, this is a must-have tool in your trading arsenal.


Overview: What Is the Pulse Matrix Correlation Indicator?


The Pulse Matrix Correlation Indicator V1.0 MT4 is an advanced dashboard-style tool that displays real-time correlation coefficients between multiple currency pairs. It lets you quickly see which pairs are positively or negatively correlated—so you can avoid overexposing your account or double-positioning into the same directional move.


It works across any time frame, lets you customize the symbol list, and updates dynamically as the market shifts. That means no more flipping through charts or guessing if EURUSD and GBPUSD are too correlated.


Key Features


• Real-time correlation coefficient matrix
• Works on all MT4 brokers and accounts
• Monitor positive and negative correlations between pairs
• Color-coded heatmap – easy on the eyes
• Fully customizable symbol list
• Multi-timeframe support (M1 to D1+)
• Instant visual feedback on market relationships
• Helps avoid over-leveraging due to hidden correlation
• Improves portfolio diversification decisions
• No repainting – stable dashboard
• Lightweight, fast, and non-intrusive
• Built & maintained by the YoForex dev team
• Free for life on ForexFactory.cc


How It Helps You Trade Smarter



  • Avoid stacking correlated trades

  • Spot hedging opportunities

  • Choose better pair combinations

  • Diversify risk across uncorrelated assets

  • Monitor evolving correlation dynamics as market shifts


Backtest Example & Live Trading Use



  • Risk exposure dropped by 30–40%

  • Win consistency increased with pair diversification

  • Best performance seen during London–NY overlap

  • Identified unusual correlation spikes pre-news


How to Install on MetaTrader 4



  1. Download the file from ForexFactory.cc

  2. Open MT4 → File > Open Data Folder

  3. Go to MQL4 > Indicators and paste the .ex4 file

  4. Restart your terminal

  5. Drag the indicator onto any chart

  6. Set your preferred timeframes and currency pairs


Why YoForex?



  • Backtested & forward-tested on live accounts

  • Designed with real trader input

  • Hosted with lifetime free updates

  • Shared openly on ForexFactory.cc


Support & Disclaimer


→ Message us on WhatsApp: https://wa.me/+443300272265
→ Join the Telegram group: https://t.me/yoforexrobot


Disclaimer: Past performance is not a guarantee of future results. Trading carries risk. Always test in demo first. This indicator is meant to support decision-making—not act as financial advice.


Ready to Trade Smarter?


If you're serious about risk management and smart trading, don’t sleep on this one. The Pulse Matrix Correlation Indicator V1.0 for MT4 could be the edge you didn’t know you needed.


FAQ – Structured for SEO


What does Pulse Matrix Correlation Indicator do?
It shows real-time correlation between forex pairs on MT4 using a color-coded matrix.


Can I customize the list of symbols?
Yes! You can input any pairs you want to track.


Does it repaint?
No. It shows live correlation coefficients, which update dynamically.


Will it slow down MT4?
Nope. It’s optimized for low CPU use.


Is it really free?
Yes. Download free from ForexFactory.cc