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Fluxsmith's indicators
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Fluxsmith's indicators

  #11 (permalink)
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jhlWMA

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  #12 (permalink)
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What does "jhl" represent?

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My initials ;-). Initially for my own use I'd named everything 'MyWhatever', but I figured other ninjatrader users might use that convention and I needed something a little more unique.

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jhlMAX

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Shouldn't the Pearson code be checking the correlation/liner relationship between two variables? ES and YM, for example. Is this coded as some sort of autoregressive indicator? I'm still scratching my head when I look at the code .

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re: Pearson's Correlation.



MXASJ View Post
Shouldn't the Pearson code be checking the correlation/liner relationship between two variables? ES and YM, for example. Is this coded as some sort of autoregressive indicator? I'm still scratching my head when I look at the code .

It can be used in that manner, in this case it's the correlation of price vs time (periods). My interpretation is that > vs < 0 indicates direction of trend, and magnitude indicates strength of trend.

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