Name: Regression Channel with variable polynomial degree
Rating: 4.162790697674419 (35 reviews)
Author: l3chat

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Published by:

l3chat

Views:

24029

Rating:

(35)

Published:

2020.03.22 17:03

Updated:

2022.07.07 22:22

i-Regr.mq5 (10.6 KB) view

i-Regr-2.0.mq5 (12.96 KB) view

i-Regr-2.10.mq5 (13.82 KB) view

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07.07.2022
V.2.10

17.04.2020
Updated the indicator to the version 2.0.

Changes:

V1.2
A quick port for MT5.

Real authors:
original by Boris: https://www.mql5.com/en/code/8417
V1.1 by graziani: https://www.mql5.com/en/code/11749

i-Regr: Polynomial Regression Channel consists of two parallel lines, equidistant up and down from the line of polynomial regression trend. The distance between frame of the channel and regression line equals to the value of maximum close price deviation from the regression line.
e-Regr: (work in progress) MetaTrader Expert Advisor e-Regr based on Regression Channel MetaTrader Indicator. Trade signals: If price lower than under line - Buy, If price bigger than upper line - Sell, TakeProfit by average line.