rajandran.r

Autocorrelation

1026 6 101
Autocorrelation, also known as serial correlation, is the cross-correlation of a signal with itself. Informally, it is the similarity between observations as a function of the time lag between them. - Wikipedia
Remove from Favorite Scripts Add to Favorite Scripts
//Author - Rajandran R
//www.marketcalls.in
study("Autocorrelation - Marketcalls")
len=input(10, minval=1,maxval = 50)
Dayreturn=roc(close,1)
autocorr = correlation(Dayreturn,Dayreturn[1],len)
plot(autocorr, color = green , style = line , linewidth = 2,title = "Autocorrelation")
hline(0, title='hline1', color=red, linestyle=dotted, linewidth=2)
I think we need a more clear English explanation.
Reply
Haha what!? This makes no sense.
Reply
I don't get it. Exactly what correlation is this? Kindly explain.
+1 Reply
rajandran.r sanjayforu
Autocorrelation is correlation between your current behavior & your behavior few days back. Higher the number = your behaviour haven't changed . Lower the number = your behaviour is against few days back
Reply
sanjayforu rajandran.r
Thanks for the explanation.
Reply
shankar.gd.1 rajandran.r
How is my behaviour tracked?
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out