Linear Regression - MetaTrader 5 Script - MQL5 #11898 - MT4/MT5 Resources
Linear regression is a statistical tool used to predict future prices based on past data.
The indicator uses the least squares method to construct a "best fit" straight line through a series of price value points.
As input parameter, the number of bars (candles) used in the calculation is used. This indicator is very suitable for use in Expert Advisor trading.
Input parameters:
Attachment download
📎 lrma.mq5 (3.55 KB)
Source: MQL5 #11898
Linear Regression - MetaTrader 5 Script - MQL5 #11898 Usage and Filtering Advice
Linear Regression - MetaTrader 5 Script - MQL5 #11898 is a resource related to foreign exchange indicators. 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 on titles or short-term profit descriptions.
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