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In the February issue of TASC they are dealing with and using Spearman rank correlation (here : The Spearman Indicator For Technical Analysis - Dan Valcu, CFTe and here : TRADERS’ TIPS - February 2011 )
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We already have it in this thread (at this post : https://www.mql5.com/en/forum/general ) but they are using it a bit different : their version ranges between 100 and -100 and has one additional "aid" - an average of the Spearman rank correlation that is used as a signal line (cross of the rank with a signal line).
So this one is adapted to be as the one from TASC (as in the original post, this one is using spearman.dll too, so if you do not have it already, unpack the dll from the zip file to the libraries folder in order to allow correct working of the indicator) with our original extras left in it (mtf, alerts, ... )
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Updated version compatible with new metatrader 4 posted here : https://www.mql5.com/en/forum/generalnevar here is one indicator that is displaying spreads in a sub window (spreads are calculated as you suggested since the MarketInfo(Symbol(),MODE_SPREAD) shows false spreads a lot of times) : spread_tick-by-tick.mq4
Mladen ,
Is it posible for you to code the spread indicator in time intervals (M30,M60 etc.)So we can observe the highest and lowest spread in that particular time fame.Maye it may give us clues about the market turning points?Thanks.
Mladen , Is it posible for you to code the spread indicator in time intervals (M30,M60 etc.)So we can observe the highest and lowest spread in that particular time fame.Maye it may give us clues about the market turning points?Thanks.
nevar
can not do it for historical data. Only for run-time collected data (it has to run un0interupted on the same chart all the time in order to be able to collect that data)
rapid rsi of averages from here: https://www.mql5.com/en/forum/general updated to make it compatible with new mt4 builds and upgraded with 2 more averages added super smoother and smoother.
Rapid RSI of averages ...
This is a variation of a "rapid rsi" that can use the usual set of 18 types of averages, with alerts and multi time framing added to it. The averages are described in the parameters so no need to list all of the possible choice of averages at this post
updated version posted here: https://www.mql5.com/en/forum/general
Updated lawgirls trend display (from this post https://www.mql5.com/en/forum/general ) in order to avoid code incompatibilities : lawgirls_trend_display_v1.04.mq4
Full SSA normalized correct (from this post : https://www.mql5.com/en/forum/general ) : _fullssa_normalize_correct_mtf_nmc.mq4
SSA normalized
Here's a mtf of Ssa normalized!
Updated version posted here : https://www.mql5.com/en/forum/general
PalIND (from here https://www.mql5.com/en/forum/general ) updated : palnd_v1.54_nmc.mq4
QQE Velocity histo_mtf+alerts from here: https://www.mql5.com/en/forum/general updated to be compatible with new mt4 builds.