Freebird83 wrote >>
I listed how correlation should be calculated
for (q = i; q < i+count; q++) { x = Close[q]; y = iCCI(NULL,0,count,PRICE_TYPICAL,q); // The indicator to be correlated Ex += x; Ey += y; // This form shows the summation //...My correlation code matches yours with the exception I'm using C squared:
for(int line = TL_UPPER; line >= TL_LOWER; line--) { double X = when[shift][line], Y = price[shift][line]; sum.x[line] += X; sum.xx[line] += X*X; sum.y[line] += Y; sum.yy[line] += Y*Y; sum.xy[line] += X*Y; if (duration.Time >= TL.Time.Min && N > 1) { double M[2], B[2], num = N*sum.xy[line] - sum.x[line]*sum.y[line], div = (N*sum.xx[line] - sum.x[line]*sum.x[line]) * (N*sum.yy[line] - sum.y[line]*sum.y[line]); M[line] = num / (N*sum.xx[line] - sum.x[line]*sum.x[line]); B[line] = (sum.y[line] - M[line]*sum.x[line])/N; if (NormalizeDouble(div, 9) > 0) { TL.corr[line] = MathPow( num / MathSqrt(div), 2 ); } else TL.corr[line] = 1; // A perfect horrizontal line. } }

You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Hello,
I tried writing my own custom indicator and I have run into 2 problems. The first problem is when the indicator runs it kicks out the same value for every bar and I don't know why this is. The second is this value is being calculated wrong. What I am looking to do is create a simple indicator that shows the correlation between the close and the CCI indicator over the past 10 periods. I set the periods as a variable so when I change the CCI calc, it also changes the range for which the correlation calculation calculates. I know my equation is not being calculated correctly because it the output is greater then 1 when the output should be between 1 and -1. I don't know if the fact that I get the same output for every bar, if this is making the equation calculate inn accuratly. I listed how correlation should be calculated as a comment field in too parts of the file. If any one could please help with either of these two problem I would really appreciate it.
-Chris