Autocorrelation

Rank AutoCorrelation – indicator MetaTrader 5

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Rank AutoCorrelation - indicator for MetaTrader 5
Rank (auto)correlation indicator that includes: Spearman rank correlation Pearson correlation It can also use 22 types of prices, and user has a choice of using floating levels or fixed levels (for determining the over-bought and over-sold levels). Both for Spearman and Pearson correlation the same rule applies. Correlation can range from 1 to -1 and … Read more

Spearman Rank Autocorrelation – indicator MetaTrader 5

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Spearman Rank Autocorrelation - indicator for MetaTrader 5
The “auto” addition is because this indicator in fact does that: shows a correlation to itself. So it is an auto-correlation version of Spearman rank indicator. Added Zones (for easier spotting of upper or lower level crossing) as well as the usual Heiken Ashi choices of prices. Here is an example with Heiken Ashi average … Read more

Autocorrelation – indicator MetaTrader 5

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Autocorrelation - indicator for MetaTrader 5
The indicator calculates and displays on a chart the autocorrelation function, which shows the relationship between the function (signal) and its shifted copy depending on the time shift value. More about the function in Wikipedia. The indicator has one input parameter: Period – the period for plotting the function graph. Autocorrelation – indicator MetaTrader 5