Tim Riley
Tim Riley
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5+ years
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Tim Riley
Left feedback to customer for job Create an ea in mq4 based on a custom indicator in ex4
Tim Riley Published product

TrueRegression will calculate the linear regression of a given sequence of bars, and display the line of best fit on the chart. Regression is used to determine whether a market is currently trending, and whether sub-trends are occurring, which can hint at a potential breakout situation. The indicator will recalculate every 'n' bars (defined by the user input). When the indicator re-draws, it will keep the original lines on the chart, unmodified, so they can be referenced by a custom EA, or by

Tim Riley
Registered at MQL5.community