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2008.10.03 06:36
Indicator i-Regr H&L. Channel of Regression by High and Low Prices

Indicator i-Regr H&L. Channel of Regression by High and Low Prices - indicator for MetaTrader 4

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I want to thank the author of the i-Regr indicator for a smashing performance. I place the modification of it.

The green lines are the lines of the regression: the upper one is drawn by the High prices, the lower one - by the Low prices.

This indicator is redrawn with the coming of a new bar.

Linear Regression...

Square Regression....

Translated from Russian by MetaQuotes Software Corp.
Original code: http://www.mql5.com/ru/code/8436

Last comments | Go to discussion (2)
MQL4 Comments
mql4_comments | 26 Feb 2009 at 02:52

hi

Great work.please i am new to this stuff.can you please enlighten me in laymans term and state how to use this indicator,thanks.

My e mail address dswinalways@gmail.com

MQL4 Comments
mql4_comments | 28 May 2009 at 17:22

This Regression Channel is very sensitive and wonderful Indicator! Thank You very much!