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2014.08.27 12:09
Indicators

Regression Channel with variable polynomial degree, Indicator & EA - indicator for MetaTrader 4

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Published by:
graziani
Views:
31621
Rating:
votes: 21
i-Regr.mq4 (5.26 KB)view
e-Regr.mq4 (13.09 KB)view

Real author:

Boris, www.iticsoftware.com

This is a fast adaptation of old source to MetaTrader 4 b600 environment.

  • i-Regr: Linear Regression Channel consists of two parallel lines, equidistant up and down from the line of linear regression trend. The distance between frame of the channel and regression line equals to the value of maximum close price deviation from the regression line.
  • e-Regr: MetaTrader Expert Advisor e-Regr based on Regression Channel MetaTrader Indicator. Trade signals: If price lower than under line - Buy, If price bigger than upper line - Sell, TakeProfit by average line.

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