Correlation Coefficient

• 08/28/2017 at 2:25 PM #44759
  Leonida1984

  Good afertoon everyone, could someone help me?

  I need to use code of The Pearson R Correlation whitout the problem that I wrote above.

  Thanks

  

  Leonida1984

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  05/16/2022 at 9:18 AM #193231
  Nicolas

  For future reference, the pinescript instruction “correlation” is the same as this prorealtime code:

  "correlation

  ProBuilder" >//correlation(x, y, len) len = 20 x = barindex y = customclose lenMinusOne = len - 1 meanx = 0.0 meany = 0.0 for i=0 to lenMinusOne meanx = meanx + (x[i]) meany = meany + (y[i]) next meanx = meanx / len meany = meany / len sumxy=0.0 sumx=0.0 sumy=0.0 for i=0 to lenMinusOne sumxy = sumxy + ((x[i]) - meanx) * ((y[i]) - meany) sumx = sumx + pow((x[i]) - meanx, 2) sumy = sumy + pow((y[i]) - meany, 2) correlation = sumxy / sqrt(sumy * sumx) next return correlation

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  ProBuilder" >//correlation(x, y, len)   len = 20 x = barindex y = customclose   lenMinusOne = len - 1 meanx = 0.0 meany = 0.0 for i=0 to lenMinusOne meanx = meanx + (x[i]) meany = meany + (y[i]) next meanx = meanx / len meany = meany / len sumxy=0.0 sumx=0.0 sumy=0.0 for i=0  to lenMinusOne sumxy = sumxy +    ((x[i]) - meanx) * ((y[i]) - meany) sumx  = sumx  + pow((x[i]) - meanx, 2) sumy  = sumy  + pow((y[i]) - meany, 2) correlation = sumxy / sqrt(sumy * sumx) next   return correlation

   

  

  Nicolas

  Keymaster

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