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ZLu
Dec 14, 2015 9:11 PM
[ZL]Z-score Indicator
FX:EURUSD
1W
Euro Fx/U.S. Dollar
FXCM
Description
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Dec 14, 2015 9:11 PM
The Z-indicator is popular in the statistics. What if we use it to identify the tops and bottoms. Very simple indicator.
Technical Indicators
Comments
cooney_s
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Dec 16, 2015 12:48 PM
Good to use in conjunction with cycle indicators and the Linear Regression, so that traders trade "In Phase".
cooney_s
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Dec 16, 2015 11:51 AM
I've worked with Z score quite a lot. Not a commonly known tool. I like the fact you've added the smoothing factors. Nice!
ZLu
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Dec 16, 2015 5:53 PM
Thanks. I am so glad that you like it.
More
Good to use in conjunction with cycle indicators and the Linear Regression, so that traders trade "In Phase".