Price Time Correlation

5

This indicator determine price volatility using correlation between Price and Time.

WARNING: Not suitable for 1M timeframe, you would not see any lines in this frame!

How to Use:

  • More closer the indicator's value to 0, the price is considered more volatile.
  • When reversal is started, the indicator's value would be rise or fall significantly.
  • During a strong trend, the indicator's value would be closer to 1 or -1, depends on current trend.

Entry Signal:

  • BUY SIGNAL: Indicator crosses 0.2 from below. This value can be changed, as long as it more than 0.
  • SELL SIGNAL: Indicator crosses -0.2 from above. This value can be changed, as long as it less than 0.

Input Description:

  • period: Determine how many bars used to determine price's volatility. 6 is recommended.
  • applied_price: Prices to be applied to the indicator. Use 1 of these integers to use it: 0 -> Close Price, 1 -> Open, 2 -> High, 3 -> Low, 4 -> Median, 5 -> Typical, 6 -> Weighted Typical


Reviews 2
jerrylew2020
294
jerrylew2020 2023.11.22 12:01 
 

Good indicator.

Dr Waleed Mahdy
2652
Dr Waleed Mahdy 2019.01.20 09:22 
 

thanks for your product and share

there is good

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Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
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This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATE NOTICE: Smart Price Action Concepts   is currently available for $200. The price will   increase to $299   after the next   30 purchases. SPECIAL OFFER:  After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profes
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Are you using Awesome Oscillator? Wonder at which High and Low prices this indicator colored Green? Red? This indicator helps you determine those limits. GET 20% OFF for renting for 1 year! Yellow line is called Upper Line, and Red line is Lower Line. BUY SIGNAL In this case, last bar's AO color would be colored Green. Both Open and Low Price above the Lower Line. Close price crosses the Upper Line from below. SELL SIGNAL In this case, last bar's AO color would be colored Red. Both Open and Hig
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jerrylew2020
294
jerrylew2020 2023.11.22 12:01 
 

Good indicator.

Dr Waleed Mahdy
2652
Dr Waleed Mahdy 2019.01.20 09:22 
 

thanks for your product and share

there is good

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