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Psevdo_regress_v2 - Indicator for MetaTrader 4

Psevdo_regress_v2
TypeIndicators PlatformMT4 Version10 Date created23 December 2014 Date updated20 July 2017
Formatmq4 Size3Kb Downloads197 Rating
4.8 of 5
based on 5 rates

The indicator is designed for integration into the MT4 trading platform. Visually, it resembles the Regression Line tool, but, in fact, it is not the same. When working with Psevdo_regress_v2, you must pay attention to the slope of the signal line. Trading signals occur when the following conditions are met:

  • To buy - the line goes up, the price on the rise was below the line level;
  • To sell - the line goes down, the price at the decline was above the line level.

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