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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 5300
- Rating:
- Published:
- 2024.06.25 21:10
- Updated:
- 2024.06.25 21:16
-
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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 Value indicator

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

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