The script analyzes the behavior of prices on two periods and visualizes the acceleration and deceleration of the price, highlights the areas with reversal and non-directional movement.
Method
The script builds two non-linear trends with higher and lower periods based on quadratic regression. It highlights the following price patterns for each of them:
Linear Channel - a special case of a parabolic channel (quadratic regression channel) Turn Up/Down - change in price direction...
The script plots an area, which has the specified probability of containing the price during the specified time interval. This important information will help in planning trade operations, set the price movement targets and determine the levels for closing positions.
The script plots an area, where the Close price will be located in future with the specified probability. It also calculates the levels that can be reached with the specified probability for each moment of time. The average price...
Linear Regressions Convergence Divergence is an oscillator indicator of a directional movement plotted as a difference of two linear regressions with lesser and greater periods. This is a further development of the ideas implemented in the standard MACD oscillator. It has a number of advantages due to the use of linear regressions instead of moving averages. The indicator is displayed in a separate window as a histogram. The signal line is a simple average of the histogram.
The histogram...
Linear Regressions Convergence Divergence is an oscillator indicator of a directional movement plotted as a difference of two linear regressions with lesser and greater periods. This is a further development of the ideas implemented in the standard MACD oscillator. It has a number of advantages due to the use of linear regressions instead of moving averages. The indicator is displayed in a separate window as a histogram. The signal line is a simple average of the histogram.
The histogram value...
Linear Regression Momentum is an indicator of directional movement, built as the relative difference between the linear regression at the current moment and n bars ago. The indicator displays the calculated Momentum in a separate window as a histogram. The signal line is a simple average of the histogram.
The histogram value above 0 indicates an uptrend. The higher the value, the stronger the trend. A value below 0 indicates a downtrend. The lower the value, the stronger the downtrend....
Linear Regression Alligator is an indicator that uses linear regressions, and not moving averages, unlike the classic Alligator by Bill Williams. Linear regressions describe the price changes more accurately and have less delay compared to moving averages.
The indicator calculates three linear regressions with different periods and shifts and displays them on the chart. The indicator lines are named by analogy with the prototype: Lips - fast line with the least period, Teeth - middle line,...
Linear Regression Angle is a directional movement oscillator which defines a trend at the moment of its birth, and additionally defines trend weakening. The indicator calculates the angle of the linear regression channel and displays it in a separate window in the form of histogram. The signal line is a simple average of the angle. The second line is the angle offset by a specified number of bars.
The angle is the difference between the right and left edges of regression (in points), divided...
The Regression Alligator is an indicator that uses linear regressions, and not moving averages, unlike the classic Alligator by Bill Williams. Linear regressions describe the price changes more accurately and have less delay compared to moving averages.
The indicator calculates three linear regressions with different periods and shifts and displays them on the chart. The indicator lines are named by analogy with the prototype: Lips - fast line with the least period, Teeth - middle line, Jaws -...
The Regression Momentum is an indicator of directional movement, built as the relative difference between the linear regression at the current moment and n bars ago. The indicator displays the calculated Momentum in a separate window as a histogram. The signal line is a simple average of the histogram.
The histogram value above 0 indicates an uptrend. The higher the value, the stronger the trend. A value below 0 indicates a downtrend. The lower the value, the stronger the downtrend....
This analyzer script opens up new possibilities of graphical analysis of price charts and is a useful addition to any trading strategy. It is mainly designed for manual trading, but the full version also contains means for integration with trading Expert Advisors. It does not perform trading operations.
Full version: https://www.mql5.com/en/market/product/19642
Method
The script builds the current non-linear trend and highlights the following price patterns based on quadratic...
Linear Regression Angle is a directional movement indicator which defines a trend at the moment of its birth, and additionally defines trend weakening. The indicator calculates the angle of the linear regression channel and displays it in a separate window in the form of histogram. The signal line is a simple average of the angle.
The angle is the difference between the right and left edges of regression (in points), divided by its period.
The angle value above 0 indicates an uptrend. The...
This analyzer script opens up new possibilities of graphical analysis of price charts and is a useful addition to any trading strategy. The utility is designed mainly for manual trading but it contains means of integration with trading EAs. It does not trade independently.
Method
The script builds the current non-linear trend and highlights the following price patterns based on quadratic regression
Linear Channel - parabolic (quadratic regression) channel special case Turn...
This analyzer script opens up new opportunities for the graphical analysis of price charts. It is a useful complement to any trading strategy. It is mainly designed for manual trading, but it also contains means for integration with trading Expert Advisors. It does not perform trading operations.
Method
Based on the use of the quadratic regression, the script builds the current non-linear trend and marks the following price patterns
Linear Channel - a special case of a parabolic...
The script evaluates the probability of the breakout of support and resistance lines. It will be useful for traders who use chart analysis. Support and resistance lines should be drawn by a user. Line templates are added during script start. Resistance breakout refers to the event "when the closing price is above the resistance line". Support breakout refers to the event "when the closing price is below the support line". The dependence of future probability on time is plotted on the chart. The...
This multifunctional analyzer expert calculates stop loss and take profit execution probability.
General idea
If we have an open position, there may be three possible future options: stop loss is executed, take profit is executed or position remains open. Using probabilistic methods, the expert performs the following functions:
calculating stop loss and take profit execution probabilities within an hour, a day or a week calculating the probability of a position remaining open at...
The script displays the area where the price is to be found within one hour to one week with the highest probability. This important data allows you to plan trading operations, set price targets and define position closing levels.
The script displays the area where the future closing price is to be found. Also, the levels that can be reached with a certain probability are calculated for each point in time. The chart displays the average price expected at the end of the period. In addition, a...
This analyzer EA will be useful for traders that utilize the crossovers of the moving averages, as it evaluates probabilities, levels and time left until the intersection of the simple moving averages (SMA). It calculates the following values for the specified interval in the future
fast and slow moving averages crossing signal probabilities, i.e. the probabilities of the first two buy/sell signals probabilities of the relative position of the instrument price and moving averages at...
The script evaluates the probabilities of the price reaching the upper and lower levels over a specified time interval.
Often the analytical reviews have the forecasts that the upward or downward movement of an instrument price is more probable, however no data on the value of this probability is given. The data on probability of reaching a certain level is not given at all. Although, before opening a position, it is necessary to know the probability of market going upwards and reaching a...