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Indicadores

Simple Regression Channel - indicador para MetaTrader 4

Mohamad Zulhairi Baba
Visualizações:
30955
Avaliação:
(14)
Publicado:
2017.09.29 07:53
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Simple Regression Channel automatically generates Regression Channel, based on timeframe (user input).

Linear Regression Channel consists of two parallel lines located at the equal distance from the linear regression trend line. The distance between the channel borders and the regression line is equal to the value of the highest close price deviation from the regression line.

The indicator code features:

  • This indicator can be attached to any chart timeframe.
  • The calculation will be based on applied timeframe in the input.


Input Parameters

  • Look back period (default: 30 bars)
  • Applied timeframe (default: Period_H4)
  • Regression style (default: Solid)
  • Regression color (default: Dark Blue)

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The functions included in this template use two news sources - Investing.com and Dailyfx.com. The template doesn’t use DLL.

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Previous Candle Hi-Lo Previous Candle Hi-Lo

Previous Candle Hi-Lo is used to check the last candle multi-timeframe position relative to the current price.

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Not really profitable but the code fits on one page.