Pearson coefficient – indicator MetaTrader 5

Pearson coefficient - indicator for MetaTrader 5
The definition: Pearson’s correlation coefficient is the covariance of the two variables divided by the product of their standard deviations. The form of the definition involves a “product moment”, that is, the mean (the first moment about the origin) of the product of the mean-adjusted random variables; hence the modifier product-moment in the name.More information … Read more