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MetaTrader 5 Indicator | Polynomial Regression Slope

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.

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Fig 1. Power = 2, Period = 50

MetaTrader Experts, Indicators, Scripts and Libraries

Fig. 2. Power = 3, Period = 50

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Figure 2. Power = 2, Period = 100

MetaTrader Experts, Indicators, Scripts and Libraries

Figure 4. Power = 3, Period = 100

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