"According to the CTP methodology, correlation trading is not about simply measuring the statistical correlation of price movements over time but about observing and analyzing the synchronous reactions of two assets to key levels.

The E.G. CTP Toolkit utilizes the E.G. Trigger Point key levels and monitors how different assets behave when they simultaneously reach them. This would allow traders to identify assets moving in tandem or opposition at critical junctures, providing concrete, actionable insights.

That approach is much more robust and practical than a simple lagging correlation. It focuses on real-time market behavior and the immediate interplay between assets at key levels, the Trigger Points." (Dr. Levy, 2023)