Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Indicators

LinearRegSlope_V1 - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Published by:
Nikolay Kositsin
Views:
2687
Rating:
votes: 10
Published:
2011.12.05 12:47
Updated:
2016.11.22 07:32
\MQL5\Include\

Real author:

igorad

Unnormalized oscillator based on the linear regression algorithm.

Smoothing types can be selected out of ten possible versions:

  1. SMA - simple moving average;
  2. EMA - exponential moving average;
  3. SMMA - smoothed moving average;
  4. LWMA - linear weighted moving average;
  5. JJMA - JMA adaptive average;
  6. JurX - ultralinear smoothing;
  7. ParMA - parabolic smoothing;
  8. T3 - Tillson's multiple exponential smoothing;
  9. VIDYA - smoothing with the use of Tushar Chande's algorithm;
  10. AMA - smoothing with the use of Perry Kaufman's algorithm.

It should be noted that Phase type parameters for different smoothing algorithms have completely different meaning. For JMA it is an external Phase variable changing from -100 to +100. For T3 it is a smoothing ratio multiplied by 100 for better visualization, for VIDYA it is a CMO oscillator period and for AMA it is a slow EMA period. In other algorithms these parameters do not affect smoothing. For AMA fast EMA period is a fixed value and is equal to 2 by default. The ratio of raising to the power is also equal to 2 for AMA.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

LinearRegSlope V1

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/593

Modified Optimum Elliptic Filter Modified Optimum Elliptic Filter

Modified elliptic filter from John Ehlers' book "Cybernetic Analysis for Stocks and Futures: Cutting-Edge DSP Technology to Improve Your Trading"

EQUILIBRIUM-2011 EQUILIBRIUM-2011

Multicurrency "grider" with risk control (version for Automated Trading Championship 2011 and updated version).

XDeMarker_BB XDeMarker_BB

DeMarker indicator with the possibility to select smoothing algorithms that is made in color with dynamically changing oversold and overbought levels.

METRO METRO

This oscillator displays its values considering RSI (Relative Strength Index) technical indicator.