MOR Linear Regression Chanel

This indicator is designed for plotting the linear regression channel. For convenience, it has multiple operation modes and drawing of data from the selected timeframe.


Input parameters

  • Price - the price to be used for calculation and plotting the upper and lower boundaries of the channel
    • PriceHighLow - the value of bar's High and Low
    • PriceOpenClose - the value of bar's Open and Close
  • Mode - indicator operation mode
    • Static - the linear regression channel is always plotted starting from BarStart and stops at BarEnd = 0, the channel cannot be modified by dragging the line
    • Dynamic - the linear regression channel is plotted starting from BarStart and stops at BarEnd = 0. When a new bar appears on the chart, the channel increases in size, the beginning of the channel can be modified by dragging the line
    • History - the linear regression channel is plotted starting from BarStart and stops at BarEnd, the beginning and end of the channel can be modified by dragging the line
  • Back - enable/disable the display of the channel in the background
  • MainLine - show/hide the main line of the channel
  • Selectable - \enable/disable the ability to select the channel lines
  • Ray - show/hide the rays of lines
  • Refresh - enable/disable updating the input parameters of the indicator when they are modified, when the terminal is shut down or when the timeframe of symbol is changed
  • TimeFrame - the linear regression channel is plotted using the data from this timeframe; works only for Mode = Static
  • BarStart - the number of the bar to plot the linear regression channel
  • BarEnd - the number of the bar where the linear regression channel stops; works only for Mode = History; for other modes, the value is always 0
  • LINE_PARAMETERS\BASIC_LINES\POSSIBLE LINES - text separators, for easier viewing of the indicator parameters, they do not affect the operation of the indicator
  • Value*Line* - the value of the line deviation from the main line, ranges from -1 (lower limit) to 1 (upper limit); for example: -0.25, 0.5, etc. To hide the line, set any value not in the range of (-1; 1), for example: 4.
  • Color*Line* - line color
  • Style*Line* - line style
  • Width*Line* - line width

By default, the indicator plots the main line of the linear regression, the upper and lower boundaries of the channel, as well as 4 additional lines for separation into zones. In addition, up to 14 lines can be enabled.

Mode Static is more suitable for price monitoring and analysis in a static period (for example: 50, 100, 150) separately or together with other indicators.

Mode Dynamic is more suitable for determining the levels of a probable price reversal, by moving the lines of the linear regression channel to a local Low/High.

Mode History is more suitable for analyzing the price movements on history data, by moving the entire linear regression channel to the area of interest.

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This indicator determines the average bas size (body, wicks) for the specified range. Input parameters Mode - select the mode of the indicator: HighLow - the indicator calculates the average bar size from High to Low and displays the data in the form of a histogram at the bottom of the terminal OpenClose - the indicator calculates the average bar size from Open to Close and displays the data in the form of a histogram at the bottom of the terminal HLOC - the indicator displays data on the two p
This indicator is based of the well-known Bollinger Bands indicator and provides for an easier operation with BB. It allows drawing up to 3 Bollinger channels and thus simplifies navigation in the list of indicators. Also it allows plotting Bollinger Bands of different timeframes, for example: draw BB on M5 timeframe with parameters: Period = 100, Timeframe = H1. Inputs Value Mode - choosing different modes of working with the indicator StaticTimeFrame - the indicator draws Bollinger Bands from
This indicator allows analyzing the movement of prices inside a bar. The indicator draws the contours of the bars of higher timeframes on the current chart. Inputs Value TimeFrame - the timeframe to display bars NumberOfDays - the number of days the indicator calculates Bull_Body - the body color of the bullish bar Bear_Body - the body color of the bearish bar ShadowUp - the color of the upper shadow of the bar ShadowLow - the color of the lower shadow of the bar Selectable - enable/disable the
MOR Smart Gap
Vitaliy Sendyaev
The indicator finds and visualizes price gaps, which often can be used as support and resistance levels. It can display levels from different timeframes on one chart. Inputs Value Label - show/hide the timeframe of constructed levels TimeFrame - select timeframe to draw levels from DrawRangeDay - the length of the level in days DrawRangeHour - the length of the level in hours GapSizeForDrawing - a level will be drawn if gap is equal to or larger than this level in points CountDays - the number
This indicator is designed to automatically build support/resistance levels. The indicator calculates the density of the price distribution in the specified time range and creates a table of volumes for each price. Levels are constructed from the minimum to the maximum volumes specified by the user. Some input parameters can be changed using hot keys without opening the settings window. Inputs StartPoint - start bar number Range - length of the level in bars (time range) VolumeMin - minimum vol
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