LSMA Trend - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Indicator based on linear regression values, or sometimes called LSMA (least squares moving average).
It shows the trend of the average value used and displays it as an oscillator.
Attachment download
📎lsma_trend.mq5 (9.2 KB)
Source: MQL5 #21101
LSMA Trend - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
LSMA Trend - 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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