Statistical Characteristics - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator shows the statistical characteristics of the bar: mean , variance , skewness and kurtosis .
In this example, four instances of the indicator with different statistical methods selected in the settings are attached to the chart:
The indicator only works on new bars and does not perform any calculations within the bar.
Attachment download
📎 statistical_characteristics.mq5 (11.11 KB)
Source: MQL5 #17501
Statistical characteristics - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Statistical characteristics - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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