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Past Regression Deviated indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=12837
Forum: 17 · Topic 12837 · 2 post(s)


Past Regression Deviated indicator

Alexander.Gettinger · Sat Feb 04, 2012 8:44 pm

This indicator is a ported MQL5 indicator from http://www.mql5.com/en/code/717.

Past Regression Deviated is an indicator consisting of 7 parallel lines that form a sort of price channels that can be used as support and resistance levels and also a trend line that is built to determine the current trend direction.

Past Regression Deviated displays levels fairly well and can be used in the strategies considering price breakouts or retreats from the levels.

PastRegressionDeviated.png

Download:

PastRegressionDeviated.lua

For this indicator must be installed StdDev indicator (viewtopic.php?f=17&t=870&p=1577).


Re: Past Regression Deviated indicator

Apprentice · Mon Mar 05, 2018 1:58 pm

The Indicator was revised and updated.