Polynomial_Regression_Slope - indicator for MetaTrader 5

Indicator Polynomial Regression Slope draws a regression curve as a histogram that fits best with the prices between the initial and end points of the price.

There are three adjustable parameters:

• Period - calculation period (regression line length in bars);
• Power - defines the "strength" of the polynomial to be calculated;
• Applied price - price used for calculations.

Fig 1. Power = 2, Period = 50

Fig. 2. Power = 3, Period = 50

Figure 2. Power = 2, Period = 100

Figure 4. Power = 3, Period = 100