Pirson&Spearman Correlation Indicator

Pirson&Spearman Correlation Indicator is of interest to a large number of traders. The basis of this indicator on the principle of Spearman's correlation. More details about the Spearman's correlation you can find out from the manual, which can be downloaded at the bottom of this article. Pirson & Spearman Correlation Indicator is well suited for trading on any currency pair and any time frame (recommended H1).

Characteristics of Pirson-Spearman Correlation Indicator
  • Platform: Metatrader4
  • Currency pairs: Any
  • Trading Time: Any, recommended H1
  • Timeframe: Any
  • Recommended broker: Alpari

Pirson&Spearman Correlation Indicator intuitive: arrow up - a signal for Long position, arrow down - a signal for Short position:


Other than that the indicator marks line level for the Stop Loss.

Exit when a signal of the opposite or the Take Profit.

In the archives PirsonSpearman_Correlation_Indicator.rar:

  • Pirson&Spearman_Correlation.ex4
  • Pirson&Spearman Correlation Indicator.tpl
  • Pirson&Spearman Correlation Indicator Manual.pdf

Free Download Pirson&Spearman Correlation Indicator

15 Responses

  1. Vasilis

    I can’t unzip the file.I get a message that “the file can’t be opened as a zip file”.
    What should I do?

    • Daniel

      Install WinRAR

      • Hassan


        The link to download “pirsonspearman-correlation” it’s dead. Can you fixe it please. Thank’s for your return.

        • Daniel

          My friends, the lifetime of link 120 seconds. If the after generation of links you are not clicked on the link “Download” within 2 minutes, then reload the page and repeat the process of loading and generation of links again. Thanks.

  2. Vasilis

    I have unziped successfully every other file I needed.Is that different?

  3. Ahmed

    the attached is corrupted

    • Daniel


  4. Edward

    The Pirson&Spearman_Correlation.mq4 is not included.

    • Daniel

      What do you mean? I have everything works fine.

  5. Edward

    The following files were supposed to be in the zipped file:
    •Pirson&Spearman Correlation Indicator.tpl
    •Pirson&Spearman Correlation Indicator Manual.pdf

    but the •Pirson&Spearman_Correlation.mq4 is not inside the folder.

    • Daniel

      Wow, sorry. Corrected the description.

  6. dan

    great indicactor thanks for sharing!

  7. thomas

    :P :P :P :P :P :P im killing binary with this

  8. Smithb594

    Good day! I know this is kind of off topic but I was wondering if you knew where I could find a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having problems finding one? Thanks a lot! bkddedacffeedfbk

    • Daniel

      Invisible Captcha

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