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Linear Regression Line2_v1
/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| Linear Regression Line.mq4 |
//| MQL Service |
//| scripts@mqlservice.com |
//| modified by: Ronald Verwer/ROVERCOM |
//| 09 June 2006 |
//+------------------------------------------------------------------+
#property copyright "MQL Service"
#property link "www.mqlservice.com"
#property indicator_chart_window
#property indicator_buffers 1
#property indicator_color1 Orange
#property indicator_width1 2
//---- input parameters
extern int LRLPeriod=14;
//---- buffers
double LRLBuffer[];
int shift=0;
int n=0;
double sumx=0, sumy=0, sumxy=0, sumx2=0, sumy2=0;
double m=0, yint=0, r=0;
//+------------------------------------------------------------------+
//| INITIALIZATION FUNCTION |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,LRLBuffer);
IndicatorDigits(Digits);
if(LRLPeriod < 2) LRLPeriod = 2;
IndicatorShortName("Linear Regression Line ("+LRLPeriod+")");
SetIndexDrawBegin(0,LRLPeriod+2);
IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+4);
//----
return(0);
}
//+------------------------------------------------------------------+
//| DEINITIALIZATION FUNCTION |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| ITERATION FUNCTION |
//+------------------------------------------------------------------+
int start()
{
int limit;
int counted_bars=IndicatorCounted();
if(counted_bars<0) counted_bars=0;
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
for(int shift=limit-1; shift>=0; shift--)
{
sumx = 0;
sumy = 0;
sumxy = 0;
sumx2 = 0;
sumy2 = 0;
for(n = 0; n <= LRLPeriod-1; n++)
{
sumx = sumx + n;
sumy = sumy + Close[shift + n];
sumxy = sumxy + n * Close[shift + n];
sumx2 = sumx2 + n * n;
sumy2 = sumy2 + Close[shift + n] * Close[shift + n];
}
if(LRLPeriod*sumx2-sumx*sumx==0)
{m=(LRLPeriod*sumxy-sumx*sumy)/(0.00000001);}
else
{m=(LRLPeriod*sumxy-sumx*sumy)/(LRLPeriod*sumx2-sumx*sumx);}
yint=(sumy+m*sumx)/LRLPeriod;
if(MathSqrt((LRLPeriod*sumx2-sumx*sumx)*(LRLPeriod*sumy2-sumy*sumy))==0)
{r=(LRLPeriod*sumxy-sumx*sumy)/(0.00000001);}
else
{r=(LRLPeriod*sumxy-sumx*sumy)/MathSqrt((LRLPeriod*sumx2-sumx*sumx)*(LRLPeriod*sumy2-sumy*sumy));}
LRLBuffer[shift]=yint-m*LRLPeriod;
//Print (" "+shift+" "+LRLBuffer[shift]);
}
return(0);
}
//+------------------------------------------------------------------+
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