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MQL4 Source Code Library for MetaTrader 4 - 92
The largest library features codes of free trading Expert Advisors, technical indicators and scripts. With the available applications you can trade in automated mode and analyze price dynamics. Use the library of codes to learn more about financial market sentiments.
Download free applications, test them and run in your MetaTrader 4. You can access them from the MetaTrader 4 platform and the MetaEditor development environment.
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Spearman's Rank Correlation is a non-parametric method used in order to make statistical studies of relations between phenomena. In this case, the factual degree of parallelism between two numeric sequences will be detected.
There are many algorithms of smoothing. This given indicator is for smoothing of standard indicator ADX. The code was translated from Easy Language.
A maximally optimized algorithm of constructing Kaufman AMA (Adaptive Moving Average).
It measures all sections that join the ZigZag breaks, the resulting values are given in points.
The volatility indicator by Chaikin accounts for the spread changes between the maximal and minimal prices. It defines the volatility value based on the range width between the maximum and minimum.
Zigzag2_R_ is a variant of the indicator Zigzag with an added option of drawing two extremums on one bar.