Watch how to download trading robots for free

Find us on Facebook!
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

Views:

25722

Rating:

(7)

Published:

2016.04.26 15:43

Linear_Regression_Line.mq4 (2.59 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Author: not specified.

The mathematical formula expressing the linear regression looks the following way:
у = а + bx, where:
у - close price;
х - position of the current time period in the database;
а - 1/п (Ey - bEх);
b - (nExy - EхEу)/nEх2 - (Ex)2;
п - the number of time periods during the summation;
E - the sum for n periods.

The method of least squares is used for linear regressions in order to fit the line in the data set. The best line is found by minimizing the distance from the data points to this line.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7325

DynamicRS+Channel

The indicator of dynamic resistance/support level with a fixed channel.

LWMA-Crossover_Signal

In the case of weighted moving average, the latest data is of more value than more early data. Weighted moving average is calculated by multiplying each one of the closing prices within the considered series, by a certain weight coefficient.

Lines_buy и Lines_sell

The indicators that perform the chart ruling.

Macd-2

MACD2 generates bearish signals from three main sources. These signals are a reflection of the bullish signals - negative divergence, bearish intersection of the moving averages, bearish intersection of the center line.

Linear Regression Line - indicator for MetaTrader 4