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Angle Regression Line MT4

4.67

The indicator allows determining the strength and direction of the trend precisely. The histogram displayed in a separate window shows changes of the slope of the regression line. A signal for entering a deal is crossing the zero line and/or a divergence. The indicator is also useful for wave analysis.

Input Parameters:

  • Period - period of calculation, 10 on default;
  • Angle threshold - slope at which a flat is displayed, 6.0 on default (within the range from -6.0 to 6.0);
  • Filter by volume - volume filter (divergence signals are not provided in case the volume is below average for the last 50 bars), true by default;
  • Display divergence alert - enables notifications about divergence, true by default;
  • Arrows displacement - shift of array of divergence signal, default is 5.0;
  • Display cross zero alert - enables zero line crossover alert, true by default;
  • Draw indicator trend lines - enables indicator trend lines in divergence; true by default;
  • Draw price trend lines - enables displaying the trend lines on the price chart during divergence, true by default;
  • Line bull divergence color - line color of bullish divergence, green by default;
  • Line bear divergence color - line color of bearish divergence, red by default.

Currency pair - any. Timeframe - any.

Reviews 6
Daniel Schwoerer
1276
Daniel Schwoerer 2022.11.17 06:55 
 

I like this Indicator and use it since quite some time.

thehiro
346
thehiro 2014.12.04 22:44 
 

I like this indicator. Pretty accurate signal. Great support from Seller!

Vilmar Tavares
586
Vilmar Tavares 2014.07.20 06:31 
 

Sometimes repaint.

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The indicator produces signals according to the methodology VSA (Volume Spread Analysis) - the analysis of trade volume together with the size and form of candlesticks. The signals are displayed at closing of bars on the main chart in the form of arrows. The arrows are not redrawn. Input Parameters DisplayAlert - enable alerts, true on default; Pointer - arrow type (three types), 2 on default; Factor_distance - distance rate for arrows, 0.7 on default. Recommended timeframe - М15. Currency pai
The indicator produces signals according to the methodology VSA (Volume Spread Analysis) - the analysis of trade volume together with the size and form of candlesticks. The signals are displayed at closing of bars on the main chart in the form of arrows. The arrows are not redrawn. Input Parameters: DisplayAlert - enable alerts, true on default; Pointer - arrow type (three types), 2 on default; Factor_distance - distance rate for arrows, 0.7 on default. Recommended timeframe - М15. Currency pair
Displays divergence for any custom indicator. You just need to specify the name of an indicator name; on default it uses CCI. In addition you can set smoothing for the selected indicator as well as levels. If one of these levels is crossed, you'll receive a notification. The custom indicator must be compiled (a file with extension EX5) and it must be located in MQL5/Indicators directory of the client terminal or in one of its subdirectories. It uses zero bar of the selected indicator with defaul
Trend check
Vladimir Gotsulenko
This indicator gives full information about the market state: strength and direction of a trend, volatility and price movement channel. It has two graphical components: Histogram: the size and the color of a bar show the strength and direction of a trend. Positive values show an ascending trend and negative values - a descending trend. Green bar is for up motion, red one - for down motion, and the yellow one means no trend. Signal line is the value of the histogram (you can enable divergence sea
Angle DeMarker MT5
Vladimir Gotsulenko
The indicator shows the angle of the DeMarker indicator line, which allows you to identify possible price extrema more accurately. Histogram bar color and size indicate the direction and angle of the DeMarker line. When the trade volume control is enabled, a yellow bar is an indication of the volume being lower than average over the past 50 bars. The color of the main indicator line shows whether the price has reached an overbought/oversold level in accordance with DeMarker indicator values. The
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Daniel Schwoerer
1276
Daniel Schwoerer 2022.11.17 06:55 
 

I like this Indicator and use it since quite some time.

[Deleted] 2017.04.14 09:50 
 

User didn't leave any comment to the rating

Viktor Barilko
5029
Viktor Barilko 2017.04.13 12:36 
 

User didn't leave any comment to the rating

[Deleted] 2017.03.31 07:31 
 

User didn't leave any comment to the rating

thehiro
346
thehiro 2014.12.04 22:44 
 

I like this indicator. Pretty accurate signal. Great support from Seller!

Vilmar Tavares
586
Vilmar Tavares 2014.07.20 06:31 
 

Sometimes repaint.

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Version 1.40 2017.05.31
Improved the calculation algorithm. The zero line crossover is now checked after a bar is closed.
Version 1.35 2015.01.08
Сode optimization
Version 1.30 2014.11.25
Improved notification of divergence, of crossing the zero line.
Version 1.20 2014.06.17
Added input parameters:
- Calculated bars - to optimize calculations;
- Arrows displacement - for placing arrows conveniently;
- Line bull divergence color, Line bear divergence color - color of the divergence lines.
Version 1.10 2014.02.13
Added the possibility to set up alerts for divergence and zero line crossing separately. Additional input parameters:
- Display divergence alert (true on default);
- Display cross zero alert (true on default).