MetaTrader 4 MT4 Indicators AggZ – indicator MetaTrader 4

AggZ – indicator MetaTrader 4

The calculation:

AggZ = (-1*(10-day z-score)+(200-day z-score))/2

where z-score = (close – sma(closing prices over last n periods))/(standard deviation(closing prices over last n periods))

buy above 0, sell below 0 as a basic strategy.


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Alternative:   X2MACandle - indicator MetaTrader 5