R-Squared_v1

//+------------------------------------------------------------------+
//|                                                 R-Squared_v1.mq4 |
//|                                Copyright © 2006, TrendLaboratory |
//|            http://finance.groups.yahoo.com/group/TrendLaboratory |
//|                                   E-mail: igorad2003@yahoo.co.uk |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, TrendLaboratory"
#property link      "http://finance.groups.yahoo.com/group/TrendLaboratory"


#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 SkyBlue
#property indicator_color2 Tomato
#property indicator_width1 2
#property indicator_width2 1
#property indicator_minimum  -1
#property indicator_maximum 101
//---- input parameters
extern int     Price          =  0;  //Apply to Price(0-Close;1-Open;2-High;3-Low;4-Median price;5-Typical price;6-Weighted Close) 
extern int     Length         = 14;  //Period of indicator 
extern int     Smooth         = 14;  //Period of smoothing
//---- indicator buffers
double RSquared[];
double Smoothed[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
  int init()
  {
   SetIndexStyle(0,DRAW_HISTOGRAM);
   SetIndexBuffer(0,RSquared);
   SetIndexStyle(1,DRAW_LINE);
   SetIndexBuffer(1,Smoothed);   
   string short_name;
//---- indicator line
   IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS));
//---- name for DataWindow and indicator subwindow label
   short_name="R-Squared("+Length+")";
   IndicatorShortName(short_name);
   SetIndexLabel(0,"R-Squared");
   SetIndexLabel(1,"Smoothed");
//----
   SetIndexDrawBegin(0,Length+Smooth);
   SetIndexDrawBegin(1,Length+Smooth);
//----
   
   return(0);
  }

//+------------------------------------------------------------------+
//| R-Squared_v1                                                      |
//+------------------------------------------------------------------+
int start()
{
   int    i,shift, counted_bars=IndicatorCounted(),limit;
   double price;      
   if ( counted_bars > 0 )  limit=Bars-counted_bars;
   if ( counted_bars < 0 )  return(0);
   if ( counted_bars ==0 )  limit=Bars-Length-1; 
   if ( counted_bars < 1 ) 
   for(i=1;i<Length;i++) {RSquared[Bars-i]=0;Smoothed[Bars-i]=0;}    
     
   double SumX = 0;
   for(i=0;i<=Length-1;i++) SumX += i+1;
   
   double SumX2 = 0;
   for(i=0;i<=Length-1;i++) SumX2 += (i+1)*(i+1);
   
   for(shift=limit;shift>=0;shift--) 
   {	
   double SumY = 0;
   for(i=0;i<=Length-1;i++) SumY += iMA(NULL,0,1,0,1,Price,i+shift);

   double SumY2 = 0;
   for(i=0;i<=Length-1;i++) SumY2 += MathPow(iMA(NULL,0,1,0,1,Price,i+shift),2);
   
   double SumXY = 0;
   for(i=0;i<=Length-1;i++) SumXY += (i+1)*iMA(NULL,0,1,0,1,Price,i+shift);

   
   double Q1 = SumXY - SumX*SumY/Length;
   double Q2 = SumX2 - SumX*SumX/Length;
   double Q3 = SumY2 - SumY*SumY/Length;
   
   if( Q2*Q3 != 0 ) 
	RSquared[shift] = 100*Q1*Q1/(Q2*Q3);
   else 
	RSquared[shift] = 0; 
      
   double SumR = 0;
   for(i=0;i<=Smooth-1;i++) SumR += RSquared[shift+i];    
   Smoothed[shift]=SumR/Smooth;
   }
//----
	return(0);	
}