This indicator compares four types of regression (linear, quadratic, logarithmic and exponential) and chooses the one that best fits the data analyzed.

This analysis is done every time there is a new tick.

//--- input parameters
// dp_limiter  It should be >2 . If not it will be autoset to default value
input ushort         dp_limiter  =100;     // Number of data points
input uint           endpos      =0;      // Last value position
input double         multStdDev  =1.96;    // Bands separation
input inputs_switch  comments   =On;     // Comments switch
input inputs_switch  record     =Off;    // Record info into a file text

In the left top corner of the chart four values are displayed.

These values represent the dispersion of data regarding to its regression, so the smallest value indicates the best option.

Alternative: Average of median - indicator MetaTrader 5

Additionally, the indicator allows recording these values into a text file for further analysis.

Regression Analysis – indicator MetaTrader 5

📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks

Similar MetaTrader Trading Tools:

MetaCOT 2 CFTC ToolBox (Set of… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
$Creating fractals in MQL5 using the Iterated Function Systems (IFS) - EA MetaTrader 5$
Creating fractals in MQL5 using… Introduction There are many programs, allowing the creation of self-similar sets, defined by Iterated Function System (IFS). See, for example,…
Notify Icon - library MetaTrader 5 This library provides every MQL program with a separate icon in the notification area of the Windows taskbar. The library…
JS-Chaos - EA MetaTrader 5 The author of the idea: JS_Sergey, the mq5 code author: barabashkakvn. The Expert Advisor is based on Bill Williams' strategy.…
HarmonikManual - indicator MetaTrader 4 This indicator will show the name of the pattern by placing point XABCD manually and also will search the next…
CDouble & CDoubleVector -… A library for common rounding methods used in MQL development, primitive wrapper class for type (double), and vector for CDouble…
Dematus - EA MetaTrader 5 Author of the idea: Igor MQL5 code author: barabashkakvn How it works If there is a position, and the price…
MAMACD - EA MetaTrader 5 Author of the idea: Yuri, author of the mq5 code: barabashkakvn. Two main iMA (Moving Average, MA) indicators with periods…