R-Squared Indicator Request - page 6

[name]

mrtools:
Henrypips, built the Ma's in on this version, but they are ma's of the lr slope is this what your looking for?

It looks nice

[Mladen Rakic]

Updated r-squared : r-squared_mtf_nmc.mq4

Originally it was posted here : https://www.mql5.com/en/forum/174257/page3

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To remind : higher values of r-squared mean that there is a trend. Low values mean that there is no trend or that there is going to be a trend change

R-squared values range from 0 to 100. An R-squared of 100 means that all movements of a security are completely explained by movements in the index. A high R-squared (between 85 and 100) indicates the fund's performance patterns have been in line with the index. A fund with a low R-squared (70 or less) doesn't act much like the index. A higher R-squared value will indicate a more useful beta figure. For example, if a fund has an R-squared value of close to 100 but has a beta below 1, it is most likely offering higher risk-adjusted returns. A low R-squared means you should ignore the beta.

[Mladen Rakic]

R-squared multi time frame ...

Not igorad, but try this one

okanemici1:
Hello igorad, Thank you for your wonderfull indicator. Is it possible to post a mtf version of this R SQUARED indicator.It would be very very usefull. Thank you in advance.

Updated version posted here : https://www.mql5.com/en/forum/174257

[Mladen Rakic]

And some more upgrades (user friendly mainly)