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ZScore indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=20398
Forum: 38 · Topic 20398 · 2 post(s)


ZScore indicator

Alexander.Gettinger · Tue Jun 19, 2012 5:40 pm

Original indicator: viewtopic.php?f=17&t=8619

ZScore = (Close - MVA of Close)/ Stdev of Close;

Z Scope basically translate the movement of Price within the Bollinger Bands, to move within a fixed, deviation channel. Every time B.B. touches the channel, Z Scope do the same thing.

ZScore_MQL.PNG

Download:

ZScore.mq4

VWMA ZScore.mq4


Re: ZScore indicator

logicgate · Mon Sep 02, 2019 10:06 am

Thanks!