07.07.2022
Version 2.10
- Added extrapolation feature
17.04.2020
Updated to version 2.0.
What's new?
- Significantly improved calculation accuracy
- Added trend colors for better visualization
Version 1.2
A quick adaptation for MT5.
Original authors:
Developed by Boris: https://www.mql5.com/en/code/8417
Version 1.1 by graziani: https://www.mql5.com/en/code/11749
- i-Regr: The Polynomial Regression Channel features two parallel lines that are equidistant from the polynomial regression trend line. The space between the channel's boundaries and the regression line reflects the maximum deviation of closing prices from that line.
- e-Regr: (currently in development) This is a MetaTrader Expert Advisor based on the Regression Channel Indicator. It generates trade signals: Buy when the price dips below the lower line and Sell when it rises above the upper line, with Take Profit set at the average line.
Screenshot taken an hour later:
This indicator is a fantastic tool for analyzing historical data trends.
However, the recent history (blue lines) might not inspire much confidence:
Comments 0