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Standard Error Bands

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=62244
Forum: 38 · Topic 62244 · 1 post(s)


Standard Error Bands

Alexander.Gettinger · Fri May 22, 2015 9:55 am

Original LUA indicator: viewtopic.php?f=17&t=62102.

Formulas: Central = MVA(lreg) with [Smoothing_Length] number of periods, Top = Central+MultiplierDeviation, Bottom = Central-MultiplierDeviation, where Deviation = Standard deviation(lreg) with [Smoothing_Length] number of periods, lreg - linear regression(Price) with [Length] number of periods.

Standard_Error_Bands_MQL.PNG

Download:

Standard_Error_Bands.mq4