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Indicators

Correlation phasor - indicator for MetaTrader 5

Mladen Rakic
Views:
14881
Rating:
(30)
Published:
2020.06.03 16:29
Download as ZIP, How to download code from MetaEditor
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General description :

In his June 2020 TASC article "Correlation as a cycle indicator" John Ehlers describes one possible way to determine trend in the markets
His article describes 3 possible ways of determining the trend and here we shall post all the 3 possible ways 

This version :

  • this version is showing the "phasor" part of the correlation calculation
    Correlation angle Correlation angle

    Correlation angle

    Alphabet structure Alphabet structure

    Sets of latin, russian characters, digits, punctuation, etc.

    Correlation market state Correlation market state

    Correlation market state

    Basket Closer Profit/Loss Basket Closer Profit/Loss

    Basket Closer Type EA.