R-Squard and Linear Regression - MetaTrader 4 Script | Forex Indicators Download - MT4/MT5 Resources
Additionally, it can do a few other things:
Using this function (fake chart) you can plot the real data of the indicator. This is very valuable when you write an EA and test it on MT4, because the strategy tester does not display the actual chart in the indicator in real time... Just fill the array with the actual N values and call the program "fake chart" to draw it on the main window
(August 6, 2022 - Corrected error on graph generating cicle)
Attachment download
📎 mp_r-squared_function.mq4 (12.98 KB)
Source: MQL5 #39630
R-Squard and Linear Regression - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
R-Squard and Linear Regression - MetaTrader 4 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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