Smoothed Bar to Bar Correlation – indicator MetaTrader 4
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The Smoothed Correlation Indicator provides an indication of price trending and ranging through a bar to bar correlation coefficient. A indicator value approaching one is an indication of up or down trending. An indicator value approaching 0 is an indication of price ranging. A negative indicator value suggests whipsawing price action.
The correlation period is set by the CorrPer input and the smoothing period is set by the SmthPeriod input.
Currency Correlation - indicator MetaTrader 4 The indicator plots the correlation(strength) between eight currencies and Gold. Select one of the following indicators for calculation: Moving Average…
Correlation - indicator MetaTrader 4 The indicator calculates the correlation of the currency pairs. Input Parameters: extern string OtherChart="EURUSD"; extern int n=20; extern bool UseOpen=true;…
