Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
Rank AutoCorrelation - indicator for MetaTrader 5
- Published by:
- Mladen Rakic
- Views:
- 12167
- Rating:
- Published:
- 2016.10.20 13:37
- Updated:
- 2016.11.22 07:32
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Rank (auto)correlation indicator that includes:
- Spearman rank correlation
- Pearson correlation
It can also use 22 types of prices, and user has a choice of using floating levels or fixed levels (for determining the over-bought and over-sold levels).
Both for Spearman and Pearson correlation the same rule applies. Correlation can range from 1 to -1 and they are usually referred to as:
- 1 is perfect positive correlation — when the changes are exactly the same
- 0 is the no correlation state
- -1 is the perfect negative correlation — when the changes are exactly the opposite
Elliott Wave Oscillator
An oscillator to help you confirm your Elliott waves counting (doesn't count the waves automatically)
Harmonic Pattern FinderIndicator to display existent and emerging harmonic chart patterns.
XVolume
Simple volume indicator that has two coloring mode options.
Daily DataThe indicator displays in chart window the important data on current symbol.