Forex indicators, strategies and news - iForex Indicator

Smart way to use indicators

  • facebook
  • google
  • twitter
  • rss
  • Home
  • Forex Indicators
    • MT4 Indicators
    • MT5 Indicators
      • more mt5 indicators
  • Forex Strategies
  • Brokers
  • Articles
  • Forex eBooks
    • Forex Books for Beginners
    • Forex Books about Trading Psychology
    • Money Management Forex Books
    • Forex Strategy Books
    • Books about Forex Market in General
  • More
    • FMTI Announcements
    • Forex Indicators Guide
    • MetaTrader Help Centar
  • Forex Advertise
  • Premium Membership
Home » Linear Regression Angle MT4 Indicator

Linear Regression Angle MT4 Indicator

by Dave Posted in All Topics

linear regression angle mt4 indicator

Linear regression is a mathematical model that is used to know coming price movement based on how the previous price movement was, and this is a statistical method that actually finds numerical values to get a trend. The liner regression trendline operates by plotting a straight line between the prices based on the least square method, which can be thought of the basic best fit line that grasps the best trend between a set of points. The linear regression angle indicator is responsible for plotting the trendline angle for each and every data point.

FORMULA

According to the straight line equation, (x1, y1), (x2, y2), . . . , (xn, yn) has the form y = mx + b, the best fit line with n points has the following equations:

Linear Regression Acceleration

To make the regression line more reliable, the selected data is smoothed to be more fit by a MA with the order of your preference. The finalized data will constitute the regression lines terminating at each bar. The change of the rate in the regression line from the rate of the previous line is known as linear regression acceleration. Then those values are normalized to be compared with a clear reference. Make sure you know the difference between comparing raw data and normalized data since both have distinctive meanings.

FORMULA

Acceleration = Change in Slope / Bar = Slope – Slope.1 Normalized Acceleration = Change in Normalized Slope / Bar = (Slope * 100 / Price) – (Slope.1 * 100 / Price.1)

Also see: Drive MT4 Indicator – Drive Your Trades In Right Direction

Filed Under: All Topics

← Previous Exponential Moving Average MT4 Indicator
Next Momentum Indicator for Metatrader 4 →

Members only!

You are not currently logged in.








» Register
» Lost your Password?

Categories

  • All Topics (206)
  • Articles (8)
  • Books (4)
    • Forex Strategy (3)
  • Expert Advisors (2)
  • Forex Indicators (215)
    • MT4 Indicators (203)
    • MT5 Indicators (13)
  • Forex Strategies (51)
    • Forex Strategy Guide (9)
    • Pullback Strategies (1)
  • Market News (7)
  • More (20)
    • FMTI Announcements (9)
    • Forex Brokers MetaTrader (1)
    • Forex Indicators Guide (8)
    • MetaTrader Help Centar (3)
  • Scalping (2)
fmti logo Share:
Tweet

Contact | Forex Advertise

Website

  • Home
  • Become Member
  • Forex Advertise
  • Contact us
  • About Us

Explore

  • Forex Brokers
  • Trading Strategies
  • Forex Indicators
  • Trading eBooks

Follow Us

  • Facebook Page
  • Google Plus Profile
  • FMTI Twitter Profile
  • RSS Feeds

Translation


by Transposh - translation plugin for wordpress