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2011.10.31 17:18

LRMA_Channel_trajectory - indicator for MetaTrader 5

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votes: 11

The dots, shown by the indicator are based on the linear regression. Regression period is set by the lr_per input parameter.

Two arrays are used to build the regression trajectory: LR_up draws the trajectory of ascending parts and LR_down draws the trajectory of descending parts. Deviation lines are controlled by stdev_koef deviation ratio. The indicator is created so that a trader can easily put any data instead of open prices by changing the code in one place only.

LRMA_Channel_trajectory M15

Translated from Russian by MetaQuotes Software Corp.
Original code:

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