Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Indicators

Linear Regression Line - indicator for MetaTrader 5

Views:
5300
Rating:
(8)
Published:
2024.06.25 21:10
Updated:
2024.06.25 21:16
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This indicator uses the calculating method described in details here : Linear Regression Value . Please check that post for more details

The same function from the above link is used to calculate this linear regression line





Linear Regression Slope Linear Regression Slope

Linear Regression Slope

Linear Regression Value Linear Regression Value

Linear Regression Value indicator

Linear Regression Line (apply to) Linear Regression Line (apply to)

Linear regression line with an option to be applied to another indicators

ATR classic therefore without iATR by William210 ATR classic therefore without iATR by William210

This code does not trace the iatr() because the iatr() or this code is a more modern version. This code uses original smoothing, a kind of SMA and not wilder smoothing. The analysis of the two smoothings can suggest opportunities elsewhere