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TrueRegression

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 the user manually.

The calculation is the same used widely in machine learning today.

TrueRegression also works in the backtester!


The screenshots below show the indicator after it's been added to the chart 3 times, all with different periods.


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Daniel Stein
5 (7)
Receba a sua atualização diária do mercado com detalhes e screenshots através do nosso Morning Briefing aqui no mql5 e no Telegram ! O FX Power MT4 NG é a próxima geração do nosso medidor de força de moeda muito popular de longa data, o FX Power. E o que é que este medidor de força da próxima geração oferece? Tudo o que adorou no FX Power original MAIS Análise de força GOLD/XAU Resultados de cálculo ainda mais precisos Períodos de análise configuráveis individualmente Limite de cálculo personal
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