Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Indicator | ZScore

Standard score (z-score) is the number of standard deviations by which the observed or measured value differs from its mean value.

Thus, the indicator displays the value of price deviation from its average value, represented by a simple moving average with a specified period and calculation price.

The indicator has two input parameters:

  • Period of calculation - calculation period;
  • Applied price - price used for calculations.

MetaTrader Experts, Indicators, Scripts and Libraries

19846

Best MetaTrader Indicators + Profitable Expert Advisors