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LR Candles AM

This indicator displays candle prices on the chart, colored according to the data of a linear regression of various prices (at the user's choice) for a selected period of time.

The user has the option to select two different price types and two different time periods. The indicator will display the moments of coincidence of the directions of the linear regression.


Usage:

  • After the full formation of a candle colored in the opposite color to the previous candle, place a stop order at the high / low of such a candle.
  • When the price overcomes such a high/low, a position will be opened.
  • With the full formation of a candle painted in the opposite color, you should consider options for exiting the position or placing a stop order to close the position at the high / low of such a candle.

Custom Parameters:

  • LR_1_Period - The first period for which the prices are taken to calculate the linear regression;
  • LR_1_Price - Prices that are taken to calculate the linear regression for the first period;
  • LR_2_Period - The second period for which the prices are taken to calculate the linear regression;
  • LR_2_Price - Prices that are taken to calculate the linear regression for the second period.


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Thise indicator is up down v6  comes with tradingwiev pinescript. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that
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Versión 26.0 2023.09.13
Updated to version 26+.
Versión 25.1 2023.08.25
Updated.
Versión 25.0 2023.08.02
Updated.
Versión 1.30 2023.05.30
Updated display.
Versión 1.20 2023.05.07
Удалены неиспользуемые фрагменты кода.