Ultra Spearman Rank Correlation

Ultra Spearman Rank Correlation


This indicator is based on values of the several signal lines of SpearmanRankCorrelation indicator. The signal lines calculation algorithm looks as follows. The input parameters contain

  • rangeNaveraging period;

The set of the signal lines is calculated using the arithmetic progression formula:

SignalPeriod(Number) = StartLength + Number * Step

The value Number variable vary from 0 to StepsTotal. The resulting periods added to the arrays and used in calculation of the averaged values of SpearmanRankCorrelation indicator. The calculation of current trend direction is based on the averaged trend values for all signal lines.

Finally, the positive and negative values of the trends are averaged and used as indicator lines, shown as a color histogram, plotted using the DRAW_COLOR_HISTOGRAM2 drawing style. Historgram color depends on trend direction, the histogram width depends on strength of the trend.

For indicator values outside the overbought and oversold levels the dark colors are used. For the overbought/oversold values the light colors are used.

Input parameters:

//| Indicator input parameters                   |
ઇનપુટ int  rangeN=14;
ઇનપુટ Smooth_Method W_Method=MODE_JJMA;        // Smooth method
ઇનપુટ int StartLength=3;                        // Start length
ઇનપુટ int WPhase=100;                           // Phase
ઇનપુટ uint Step=5;                              // Period step
ઇનપુટ uint StepsTotal=10;                       // Steps total
ઇનપુટ Smooth_Method SmoothMethod=MODE_JJMA;    // Smooth method
ઇનપુટ int SmoothLength=3;                      // Smooth length
ઇનપુટ int SmoothPhase=100;                     // Smooth phase
ઇનપુટ uint UpLevel=80;                         // Overbought level (in %)
ઇનપુટ uint DnLevel=20;                         // Oversold level (in %)
ઇનપુટ color UpLevelsColor=Blue;                // Overbought level color
ઇનપુટ color DnLevelsColor=Blue;                // Oversold level color
ઇનપુટ STYLE Levelstyle=DASH_;                 // Level style
ઇનપુટ WIDTH  LevelsWidth=Width_1;             // Level width

The indicator has a possibility to select the smoothing out of the dozen of possible versions:

  1. SMAsimple moving average;
  2. EMAexponential moving average;
  3. SMMAsmoothed moving average;
  4. LWMAlinear weighted moving average;
  5. JJMAJMA adaptive average;
  6. JurXultralinear smoothing;
  7. ParMAparabolic smoothing;
  8. T3Tillson’s multiple exponential smoothing;
  9. VIDYAsmoothing with the use of Tushar Chande’s algorithm;
  10. AMAsmoothing with the use of Perry Kaufman’s algorithm.

It should be noted that Phase1 and Phase2 parameters have completely different meaning for different smoothing algorithms. For JMA it is an external Phase variable changing from -100 to +100. For T3 it is a smoothing ratio multiplied by 100 for better visualization, for VIDYA it is a CMO oscillator period and for AMA it is a slow EMA period. In other algorithms these parameters do not affect smoothing. For AMA fast EMA period is a fixed value and is equal to 2 by default. The ratio of raising to the power is also equal to 2 for AMA.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the articleAveraging Price Series for Intermediate Calculations Without Using Additional Buffers”.

The indicator uses SpearmanRankCorrelation.mq5 indicator, it must be placed to terminal_data_folder\MQL5\Include.


MT5 સૂચક – ડાઉનલોડ સૂચનાઓ

Ultra Spearman Rank Correlation is a Metatrader 5 (MT5) સૂચક અને ફોરેક્સ સૂચક સાર સંચિત ઇતિહાસ ડેટાને પરિવર્તન છે.

Ultra Spearman Rank Correlation provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

આ જાણકારી પર આધારિત, traders can assume further price movement and adjust their strategy accordingly.

How to install Ultra Spearman Rank Correlation.mq5?

  • Download Ultra Spearman Rank Correlation.mq5
  • Copy Ultra Spearman Rank Correlation.mq5 to your Metatrader Directory / નિષ્ણાતો / સૂચકાંકો /
  • શરૂ અથવા તમારા Metatrader પુનઃશરૂ 5 ક્લાઈન્ટ
  • તમે તમારા સૂચક ચકાસવા માંગો છો જ્યાં પસંદ ચાર્ટ અને ટાઇમફ્રેમ
  • શોધ “કસ્ટમ સૂચકાંકો” તમારા નેવિગેટર મોટે ભાગે તમારા Metatrader બાકી 5 ક્લાઈન્ટ
  • Right click on Ultra Spearman Rank Correlation.mq5
  • એક ચાર્ટ સાથે જોડે છે
  • સેટિંગ્સ અથવા પ્રેસ બરાબર સંશોધિત
  • Indicator Ultra Spearman Rank Correlation.mq5 is available on your Chart

How to remove Ultra Spearman Rank Correlation.mq5 from your Metatrader 5 ચાર્ટ?

  • આ સૂચક તમારા Metatrader ક્લાઈન્ટ માં ચાલી રહી છે કે જ્યાં ચાર્ટ પસંદ
  • અધિકાર ચાર્ટ માં ક્લિક
  • “સૂચકો યાદી”
  • આ સૂચક પસંદ કરો અને કાઢી

MT5 સૂચક ડાઉનલોડ કરવા માટે અહીં નીચે ક્લિક કરો:

Ultra Spearman Rank Correlation

Trade With Lowest Spreads
અગાઉના લેખમાંCMO
હવે પછીના લેખમાંColorStdDev

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