Polynomial_Regression_Slope – indicator for MetaTrader 5

  • A+
category:MT5 INDICATORS

Indicator Polynomial Regression Slope draws a regression curve as a histogram that fits best with the prices between the initial and end points of the price.

There are three adjustable parameters:

  • Period - calculation period (regression line length in bars);
  • Power - defines the "strength" of the polynomial to be calculated;
  • Applied price - price used for calculations.

Polynomial_Regression_Slope - indicator for MetaTrader 5

Fig 1. Power = 2, Period = 50

Polynomial_Regression_Slope - indicator for MetaTrader 5

Fig. 2. Power = 3, Period = 50

Polynomial_Regression_Slope - indicator for MetaTrader 5

Figure 2. Power = 2, Period = 100

Polynomial_Regression_Slope - indicator for MetaTrader 5

Figure 4. Power = 3, Period = 100

Comment

:?: :razz: :sad: :evil: :!: :smile: :oops: :grin: :eek: :shock: :???: :cool: :lol: :mad: :twisted: :roll: :wink: :idea: :arrow: :neutral: :cry: :mrgreen: