Original source: http://en.wikipedia.org/wiki/Correlation_ratio.
This indicator was first implemented in MQL4 and published in CodeBase on October 3, 2006.
Fig.1. Corr Indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7020
The indicator calculates % of growth or drop towards CLOSE. It is written via use of object-oriented programming and can be easily integrated into any Expert Advisor or other indicator.DynamicRS_C_HTF
The DynamicRS_C indicator with the timeframe selection option available in input parameters.