Aurix Exchange

Entropy indicator cleaned up

oxbuck

Member
Since Maximo change, made indicator line yellow and darker, and moved levels to 10 and -10. Thanks so much Maximo!
 

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  • EntropyMathPrecise.mq4
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cadolino

Member
entropy pics

entropy pics

you can take a look at the pics here: h**p://codebase*mql4*com/3887

or here: h**p://codebase*mql4*com/ru/3870

regards
Cado
 
"The entropy is the measure of the disorder of the system."

What does it mean? Do you read this like an overbought/oversold indicator? Or you read this where it crosses '0' level?
 

cadolino

Member
entropy

entropy

the less entropy in a (closed) system, the better the "prediction" of the behavier of the system...more entropy = more chaos = less "prediction"...in our case: the more "noise" of the price movement, the less we can see a trend direction...therefore we try to "filter" the noises, so we can see better the direction (i think here on MESA etc.)...there are many methods of calculating the entropy for different needs: mathematics, physics, social sciences, music, information theory etc...i remember only one name in relation with the entropy: Shannon - and that's all...:D...

regards
Cado
 

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