Mql5官网 MM Currencies Linear Regression 外汇EA

WHAT IS LINEAR REGRESSION?(PIC.3)

Linear regression is an attempt to
model a straight-line equation between two variables considering a
set of data values. The aim of the model is to find the best fit that
can serve the two unknown values without putting the other at a
disadvantage.

In this case, the two variables are
price and time, the two most basic factors in the Forex market.
Linear regression works in such a way that one can supposedly gain
insight into the future performance of the market at a point that can
be said to be the best fit for time and price of a market.  

You will be able to see the linear
regression for each individual currency that you want, switching
between them using the ON/OFF buttons in the indicator sub window.

The Indicator
is divided into three main parts:

1. LAST
   MOVEMENT;

2. TREND;

3. COVARIANCE;(PIC.4)

1. Here the indicator will tell you if the last movement of calculated
   linear regression for a new candle was discordant between two
   currencies in the forex market. If in the case that it was
   concordant, i.e. Euro rising up and US dollar rising up, the last
   movement for currency pair EURUSD will be neutral. In case Euro is
   rising up and US dollar is moving down, the last movement will be a
   buy, in the opposite situation the last movement will be a
   sell.

2. The Trend column is given by a single currency linear regression
   value. If the Euro value is bigger than the US dollar value, EURUSD
   trend will be long, and in the opposite situation EURUSD trend will
   be short.

3. The third part is about covariance between two currencies. When the
   covariance is discordant we have more possibilities to enter in a
   market which is starting a new trend, but we are augmenting the
   risk per position. When there is covariance in a concordant market we will have a higher probability of a rally before
   starting a real trend, so fewer probabilities to continue the last
   movement, but less risk per position too.

On the first column you will be able to see the last movement of a
particular currency thanks to the coloration based on what you will
choose in the input parameters.

On the upper right of the chart you have the
“Change Alert Settings Menu”. You will be able to customize your
notifications, and you will be able to choose between 7 notification
options:

1. Last Movement: You will receive an alert on
   every new bar if there will be a new buy or a sell signal.

2. Last
   Mov.+Trend: You will receive an alert on every new bar if there
   will be a new buy or a sell signal confirmed by the trend column.

3. Last
   Mov.+Trend+discordant covariance: You will receive an alert on
   every new bar if there will be a new buy or a sell signal confirmed
   by the trend column and discordant covariance.

4. Last
   Mov.+Trend+concordant covariance: You will receive an alert on
   every new bar if there will be a new buy or a sell signal confirmed
   by the trend column and concordant covariance.

5. New
   Trend: You will receive an alert when the trend column is changed.

6. New
   Trend+discordant covariance: You will receive an alert when the
   trend column is changed and covariance column is showing discordant.

7. New Trend+concordant covariance: You will
   receive an alert when the trend column is changed and covariance
   column is showing concordant.

Using
the Indicator on Strategy Tester:

During
back test you will be able to choose the kind of signal you want to
receive seeing differences by the signals thanks to up arrows and
down arrows and choosing the “alert” kind with the same
menu that you’d have on the live version above on the right.

Input
parameters:

• Bars
  To Calculate;

• Len:
  Bars to calculate linear regression;

• EUR
  color;

• USD
  color;

• GBP
  color;

• AUD
  color;

• NZD
  color;

• CHF
  color;

• JPY
  color;

• CAD
  color;

Graphical
Settings:

• Buy
  Color;

• Sell
  Color;

• Neutral
  Color;

• Panel
  X: Choose the pixel distance to
  apply the main panel (from left to right);

• Panel
  Y: Choose the pixel distance to
  apply the main panel (from up to down);

• Panel
  Width: Choose you favourite width for the main panel;

• Panel
  Height: Choose you favourite height for the main panel;

• Font
  Size: Choose you favourite font size for the main panel;

• Font
  Type: Choose you favourite font type for the main panel;

Finally,
you’ll be able to change the markets name if your personal broker
uses any particular names
with prefix or suffix.