If you're diving into the world of trading with MetaTrader 5, you’ll definitely want to check out the Spearman Rank Correlation Histogram. This nifty tool comes with a timeframe selection option right in the input parameters, making it super flexible for your trading style.
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Choose your indicator chart period
To get this indicator up and running, make sure you place the SpearmanRankCorrelation_Histogram.ex5 file into your <terminal_data_directory>\MQL5\Indicators folder. This step is crucial for the indicator to function properly.
Fig. 1. Spearman Rank Correlation Histogram Indicator
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