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Hi I need the "times series forecasting indicator" making.. all of the mq4 indicators currently offered are incorrect, I need the indicator creating using the correct parameters and formula.
The indicator i need creating will looks very much like a moving average so it needs to be an "on chart" indicator - rather than having an indicator window. You can see what I mean by the attached photo.
The formula for the indicator can be found at: http://finance4traders.blogspot.co.uk/2009/06/how-to-calculate-time-series-forecast.html
The formula for a 9 length and 7 forecasted bars TSF indicator is as follows: AVGC9 + 11 * (4 * C + 3 * C1 + 2 * C2 + C3 - C5 - 2 * C6 - 3 * C7 - 4 * C8) / 60
The formula for a 30 length and 1 forecasted bars TSF indicator is: AVGC30 + 15.5 * (14.5 * C + 13.5 * C1 + 12.5 * C2 + 11.5 * C3 + 10.5 * C4 + 9.5 * C5 + 8.5 * C6 + 7.5 * C7 + 6.5 * C8 + 5.5 * C9 + 4.5 * C10 + 3.5 * C11 + 2.5 * C12 + 1.5 * C13 + .5 * C14 - .5 * C15 - 1.5 * C16 - 2.5 * C17 - 3.5 * C18 - 4.5 * C19 - 5.5 * C20 - 6.5 * C21 - 7.5 * C22 - 8.5 * C23 - 9.5 * C24 - 10.5 * C25 - 11.5 * C26 - 12.5 * C27 - 13.5 * C28 - 14.5 * C29) / 2247.5
Ive attached some links that give an overview that may also help: http://www.barchart.com/education/std_studies.php?what=int_time_series, http://help.tradestation.com/09_00/tradestationhelp/mergedprojects/elanalysis/indicator/time_series_forecast_indicator_.htm, https://extra.agea.com/en/education/types-of-technical-indicators/time-series-forecasts-tsf
Further,
if you check this website http://www.freestockcharts.com/platform/v1
and add the times series forecast indicator to a symbol (e.g. gbp/usd) -
this is the indicator I want.
There should be TWO parameters 1. for the period/length of the linear regression moving average line 2. the number of forecasted bars. Many of the currently avaiable indicators only offer one parameter so please do not send me this.
If you understand and can create this indicator please let me know.
Thanks
Any problems please let me know..
