EntropyMath - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Real author:
Entropy is a measure of the disorder of a system. This indicator uses one of the random sample entropy calculation methods.
The NumBars setting parameters are the window width or indicator period that traders are more accustomed to:
Enter unit number = 12 ; //Averaging period
The properties of the final indicator are similar to the MACD Histogram. The indicator was first implemented in MQL4 and released in the code base on July 5, 2008. The source code for the script is shown at the link .
Figure 1 EntropyMath indicator
Attachment download
📎 entropymath.mq5 (10.86 KB)
📎 smoothalgorithms.mqh (134.03 KB)
Source: MQL5 #1696
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