Smoothed Bar to Bar Correlation – indicator for MetaTrader 4

The Smoothed Correlation Indicator provides an indication of price trending and ranging through a bar to bar correlation coefficient. A
indicator value approaching one is an indication of up or down trending.  An indicator value approaching 0 is an indication of price
ranging.  A negative indicator value suggests whipsawing price action.

The correlation period is set by the CorrPer input and the smoothing period is set by the SmthPeriod
input.

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