Autocorrelation - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The indicator calculates and displays on the chart an autocorrelation function, which shows the relationship between a function (signal) and its moving copy based on time-shifted values.
For more information about this feature, see Wikipedia .
The indicator has one input parameter:
Attachment download
📎 autocorrelation.mq5 (7.38 KB)
Source: MQL5 #20121
Autocorrelation - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Autocorrelation - 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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