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ZScore indicator

Custom MT4 expert advisors published here.

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ZScore indicator

Postby 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
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Alexander.Gettinger
FXCodeBase: Base Builder
 
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