Forex z-score

A Z-score is a numerical measurement of a value's relationship to the mean in a group of values. If a Z-score is 0, it represents the score as identical to the mean score.

For starters, the Z-score is not immune to false accounting practices.

BREAKING DOWN 'Z-Score'

Beyond the riskiness of a particular trading system, forex traders can also use normal distribution and standard deviation to calculate the Z-score, which indicates how often profitable trades will occur in relation to losing trades.

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