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Forex Indicator “RegressionPolynomial”

RegressionPolynomial is a trend indicator that computes the values of the polynomial regression on every separate bar.

The first and the second degree use optimized methods of computing. The optimized method QRMA, which is described here, makes a great interest. The first degree applies a well-known configuration 3* LWMA – 2* SMA. Also the code contains a function that computes QWMA. It is more responsive moving in comparison with LWMA.

The indicator uses the classes of the library SmothAlgorithms.mqh One must copy it into the catalog_data_terminal\MQL5\Include. The detailed description about how to work with it was published in the article “The Averaging of Price Rows for Intermediate Computes without Additional Buffers”.

For the first time the indicator was utilized on MQL4 and was published on the 27th of April, 2012, in CodeBase.

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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