Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 3517
- Rating:
- Published:
- 2018.06.06 12:35
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
The indicator is a variation of Bollinger Bands and Envelopes, based on two moving averages calculated by the Linear Regression method (LSMA Linear regression MA).
It has one input parameter:
- Period - LSMA calculation period.
A smoothed version of the indicator: SHL_MA_Band.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20261
![LR_MACD](https://c.mql5.com/i/code/indicator.png)
MACD based on the Linear regression MA.
![ProfLine](https://c.mql5.com/i/code/script.png)
The script draws horizontal lines representing BUY (blue) and SELL (red) orders.
![SHL_MA_Band](https://c.mql5.com/i/code/indicator.png)
A trend indicator: Smoothed High/Low Linear regression band.
![Cumulative_Volume](https://c.mql5.com/i/code/indicator.png)
A volume indicator with different types of data representation.