Spearman’s Rank Correlation – indicator MetaTrader 5

Spearman's Rank Correlation - indicator for MetaTrader 5
Real author: Rosh Spearman’s Rank Correlation is a non-parametrical method used for statistical analysis of the correlation. Practical calculation of the Spearman’s Rank Correlation ratio includes the following steps: An index number (a rank) must be assigned to each of the parameters in ascending (or descending) order; The differences of each pair ranks of the … Read more