Simple Linear Regression Indicator for MT5

Job finished

Execution time 12 days
Feedback from employee
Very friendly and great customer. Thank you for this work. This job refreshed my long-forgotten ideas) Thank you very much.
Feedback from customer
Good programmer, very knowledgeable

Specification

SPECIFICATIONS:

- Uses the linear regression formula to measure the trend (in angle degrees) for any instrument on ANY timeframe it is attached to.
- Re-calculates the slope every bar (NOT EVERY TICK), so it doesn't lag on the tester/platform that much! The last bar is the most recent price (close) calculated, the current close is ignored. 
- Draws a line on the chart for the slope according to the angle degree's (no MA's or any other kind of values please).
- Gives TWO SEPARATE output buffers:

a) For up-trends: gives the value "0" when the line is downwards or completely horizontal, and "1" if it is slightly up, "45" if it is 45 degrees against the horizontal axis, max is "90" (the vertical axis).
b) For down-trends: Same logic but reversed, when the line is upwards or horizontal the value is "0", and when it points down it can be any degree to "90".

With this logic one of the two buffers is always 0. Attached a diagram showing the concept below.

- I should be able to edit the parameter for the "LOOKBACK_PERIOD". 
- Draw 2 parallel lines from the center to form a channel, separated by X standard deviations (you may choose freely which formulations to use in this case).
- Should be able to edit how many standard deviations to use (the second parameter).
- Should be able to edit the color for the 3 lines.
- Should be able to READ the output buffers from my own EA's created in the FxDreema platform, this is VITAL. The indicator should store the variables in itself, do not export to another file. 

Attached a picture of an indicator you may use for comparison (i don't like it for the simple fact that is slows down my platform like crazy and also the output buffers are a mess).

DO NOT:

- Steal/Redistribute from other indicators, even if they are free.
- Not use clean code. No choppiness/slowness/visual bugs (will run it on my tester), as mentioned before avoid any "tick by tick" or "millisecond by millisecond" calculations. 

Thank you :) 

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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
from 1 to 7 day(s)