This my contribution to this lovely place.
It's an indicator called ,
Moving Line regression populair with TSF : Time Series Forcast. (I called it TSF)
In another platform this is a standard indi but not in MT (poor MT)
I make this indi from scratch, don't know if any one have the same name.
This indicator make a linear reg. calculation in every closing bar price, the period to calc. is define in the external variable called TSFper.
If you want to change to typical price or ..whatever, change the source. I like it with closing price only, make it simple .
My experience show, this TSF crossing is better than MA crossing.
(test your self)
The picture attch, show a StdDev line (white 3 line paralel) with this yellow line (TSF20). If I shift this StdDev, the end of this middle line is always on the TSF line.
Enjoy, and please do at your own risk.
It's an indicator called ,
Moving Line regression populair with TSF : Time Series Forcast. (I called it TSF)
In another platform this is a standard indi but not in MT (poor MT)
I make this indi from scratch, don't know if any one have the same name.
This indicator make a linear reg. calculation in every closing bar price, the period to calc. is define in the external variable called TSFper.
If you want to change to typical price or ..whatever, change the source. I like it with closing price only, make it simple .
My experience show, this TSF crossing is better than MA crossing.
(test your self)
The picture attch, show a StdDev line (white 3 line paralel) with this yellow line (TSF20). If I shift this StdDev, the end of this middle line is always on the TSF line.
Enjoy, and please do at your own risk.
Attached File(s)
TSF.mq4
3 KB
|
6,681 downloads