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MetaTrader 5 Indicator | Polynomial Regression

The indicator draws a channel constructed by the method of polynomial regression.

It has four configurable parameters:

  • Length - the channel length in bars;
  • Power - sensitivity;
  • Deviation - channel width (distance between the borders and the middle line);
  • Applied price - channel calculation price.

MetaTrader Experts, Indicators, Scripts and Libraries

Fig.1 Power = 2

MetaTrader Experts, Indicators, Scripts and Libraries

Fig.2 Power = 4

MetaTrader Experts, Indicators, Scripts and Libraries

Fig.3 Power = 6

19884

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