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jho
This one is a "multi lsma". It is showing the current slopes of 5 lsma's (linear regression slopes) Every time the slope is up 1 is added to positive values and every time the slope is down 1 is added to negative values. When the value is either +5 (all showing up) or -5 (all showing down) and alert can be issued if chosen so. It is a multi time frame already (due to its "step" nature there is no need for interpolation in this one) It can also draw an arrow on every first occurrence of a +5 or a -5 conditionUpdated version posted here : https://www.mql5.com/en/forum/general
regards
Mladen
Mladen
Is it possible to add histogram and threshold(standart deviation ?) ?Thanks.
Mladen Is it possible to add histogram and threshold(standart deviation ?) ?Thanks.
nevar
Just a thought : did you try some of the ATR indicators that has those options (but with ATR period set to 1)? Results will be very similar (except in cases when there are gaps in prices). Here is one example with gap (upper) and one without gaps (lower)
This is NonLag ma nrp & mtf & alerts & arrows with a zig zag added.
This is NonLag ma nrp & mtf & alerts & arrows with a zig zag added.
Hello MrTools
Could you please add in the "vertical lines" feature (green=long; red=short) for the swings? I would like to compare the "timing" of this indicator to two others that I have.
Thanks & have a great weekend!!
Regards
Sylvester
Hello MrTools
Could you please add in the "vertical lines" feature (green=long; red=short) for the swings? I would like to compare the "timing" of this indicator to two others that I have.
Thanks & have a great weekend!!
Regards
SylvesterHello Sylvester,
Added the lines, and Thanks you have a great weekend as well.
Tradefx1
Not sure that I understand you completely, so posting this.
This is an automatic linear regression channel with an addition. The addition is if you want to see the last value of the channel before the new bar as the history or you do not want it (it is sometimes useful to see it, but bare in mind that those are "trailing values" that are left as a historical values).PS: there is an indicator with a same name as this, but they are code wise completely different (I hope that in this one it is much easier and obvious what exactly is done)
regards
MladenMladen,
Is it possible for you to update this indicator?Thanks.
Originally it was posted here : https://www.mql5.com/en/forum/general
Mladen, Is it possible for you to update this indicator?Thanks.
Nevar, it should work on new mt4 builds now. It was originally posted here: https://www.mql5.com/en/forum/general