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Indicators

AggZ - indicator for MetaTrader 4

Walter
Views:
14228
Rating:
(3)
Published:
2010.12.06 10:31
Updated:
2014.04.21 14:55
AggZ.mq4 (3.12 KB) view
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The calculation:

AggZ = (-1*(10-day z-score)+(200-day z-score))/2

where z-score = (close - sma(closing prices over last n periods))/(standard deviation(closing prices over last n periods))

buy above 0, sell below 0 as a basic strategy.


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