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RegressionPolynomial - Indicator for MetaTrader 4

RegressionPolynomial
TypeIndicators PlatformMT4 Version10 Date created 8 February 2015 Date updated24 July 2017
Formatmq4 Size6.7Kb Downloads284 Rating
3.71 of 5
based on 24 rates

It is the MT4 indicator from the group of trend instruments of technical analysis. It calculates the value of the polynomial regression at each bar using optimized calculation methods. In the indicator’s code, there is a function that calculates QWMA. The feature of this moving average compared to LWMA is that it is more sensitive to price fluctuations. For this reason, RegressionPolynomia performs well on short-term timeframes.

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