Theoretical Basis of Building Cluster Indicators for FOREX

 

This article describes an intersting approach to using cluster indicators. The article goes on to code the indicators which are available at the bottom of the page.

Has anyone worked with this type of indicator before?

 

I think name of this indicator is Complex.

It is here with old versions:

- https://www.forex-tsd.com/forum/debates-discussions/116-something-interesting-please-post-here/page3#comment_23415

- I added CAD for this indicator here https://www.forex-tsd.com/forum/debates-discussions/116-something-interesting-please-post-here/page5#comment_105875

- and some thread related to this subject with some other indicators may be here https://www.mql5.com/en/forum/173001

- many links to correlation indcators are here https://www.mql5.com/en/forum/176023

Those indicators were created on Alpari broker forum and then were fully developed/evaluated on onix forum. What is onix forum? nen is member of onix forum (and he is active member of our forum as well) and he created ZUP indicators https://www.mql5.com/en/forum/178120

So, this article is about development going on onix forum.

By the way we are having some good threads about those indicators as well.

 

Many thanks newdigital. I'll take a look at those threads you've mentioned.

 

One indicator that appears to stand out from the article is the CFP indicator. However this indicator does not appear to update. I reckon that it's worth a look and worth tweaking to get it moving. Would anyone care to look at it and post a working version?

Files:
cfp.mq4  14 kb
 
Sadly:
One indicator that appears to stand out from the article is the CFP indicator. However this indicator does not appear to update. I reckon that it's worth a look and worth tweaking to get it moving. Would anyone care to look at it and post a working version?

There is explanation on Russian version of this article about how to fix this problem step by step. So, I did it now and please find fixed indicators attached. I did not check it.

Files:
cc.mq4  17 kb
ccfp.mq4  17 kb
cfp_1.mq4  14 kb
 

Many thanks newdigital. I'll put them on a chart and watch what happens.

Reason: