Spearman Rank Correlation oscillator

[Alexander.Gettinger]

Read more about Spearman Rank Correlation at wiki: http://en.wikipedia.org/wiki/Spearman%2 ... oefficient

Download:

Spearman_Rank_Correlation.lua

(2.39 KiB) Downloaded 1403 times

The indicator was revised and updated

[Alexander.Gettinger]

Three Spearman Rank Correlation oscillator on one chart.

Download:

SRC3.lua

(2.91 KiB) Downloaded 1120 times

For this indicator must be installed Spearman_Rank_Correlation.lua

[rhodia16]

Dear Alexander,

Thank you for creating useful indicators.

I have been always interested in usefulness of Spearman Ranc Correlation indicators, or so-called RCI.

I am wondering about the following point on the versions of RCI you kindly made for us. Isn't there any possibility that the Spearman RCI indicators you made are showing values upside down...? I mean, if the price goes up then the RCI (especially the one with a short period like 5 or 8 or 13) should be going up as well but the RCI here seems to be going the other way (going down instead of going up).

I would be most grateful if you could have a look at.

Thanks in advance.

Rhodia

[takami0056]

Hi Alexander,

I really need to have your SRC3 that you made for us, so could you please check the the program one more time and make sure that curves are not going opposite directions when prices goes up and down.

Thank you.

TK

[versitle]

Thanks, Alexander, for making for us this RCI. I really needed it a lot. You saved my life:)

[Apprentice]

Mq4 version can be found here.
viewtopic.php?f=38&t=61638

[zunixaani]

hello Apprentice,

this indicator is showing only Delta line ,the price line is not showing .your help is always appriciated.

[Apprentice]

Can you explain, Spearman Rank Correlation oscillator do not have this outputs.

[Apprentice]

The indicator was revised and updated.