Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
DT_ZZ_optimized - indicator for MetaTrader 4
- Views:
- 19014
- Rating:
- Published:
- 2008.02.10 14:45
- Updated:
- 2015.05.12 13:50
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
This is a simple "direct" optimization of the indicator DT_ZZ that is used by many traders. The indicator DT_ZZ is also a part of the famous indicator ZUP. The logics of calculation is not changed, so the behavior of the optimized variant should not differ from the original. Other optimized variants conflict with the original version on external bars. The advantage of this version is that calls of this indicator can be used in testing. The original version requires calculation time upon the exponential relationship; and this version undergoes testing smoothly. Therefore using this indicator in other indicators will lower the load of the computer resources.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7365
Smoothed ADX by John Ehlers
There are many algorithms of smoothing. This given indicator is for smoothing of standard indicator ADX. The code was translated from Easy Language.
Spearman's Rank CorrelationSpearman'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.