Logarithmic Regression - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The indicator draws a channel calculated from the logarithmic function.
There are three tunable parameters:
The appearance of the channel depends on its length, i.e. the calculated number of bars.
Figure 1 Length 50, chart period H4
Figure 2 Length 75, chart period H4
Figure 3 Length 100, chart period H4
Figure 4 Length 100, chart period MN
Attachment download
📎 logarithmic_regression.mq5 (12.04 KB)
Source: MQL5 #19889
Logarithmic Regression - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Logarithmic Regression - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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