XLineRegression creates levels based on the linear regression algorithm.
Input parameters:
//+-----------------------------------+//| Input parameters of the indicator |//+-----------------------------------+inputint days=90; // number of days for averageinputint period1 = 40; // period of the linear regressioninputdouble step = 0.3; // step between the linesinputint degree=1; // regression degreeinput Applied_price_ price=PRICE_CLOSE;//price constant/* , used for calculation of the indicator ( 1-CLOSE, 2-OPEN, 3-HIGH, 4-LOW,
5-MEDIAN, 6-TYPICAL, 7-WEIGHTED, 8-SIMPL, 9-QUARTER, 10-TRENDFOLLOW, 11-0.5 * TRENDFOLLOW.) */inputint Shift=0; // horizontal shift of the indicator in bars
XLineRegression
This indicator was first implemented in MQL4 and published in Code Base at mql4.com 14.03.2012 (in Russian).
