This is a regression tree indicator for MT4/MT5.
This indicator classificate nodes on the time period so that the deviation becomes smaller,
and displays regression line and channel for each node.
It’s free!
Attached CartDemo.ex4 and CartDemo.ex5 is a Demo version and has the following limitations:
Method is RandomForest only
Maximum number of bars is 200
Maximum number of trees is 2
Maximum tree depth is 2
Calculated waste lines are shown
Not display correlation coefficients
Full version is also free!
Full version can choose from four classification methods (default is DecisionTree):
Decision Tree
Random Forest
original HighSpeed logic
original Onippaya logic
Full version and Demo version can choose either the average model or the linear model for calculation.
average model … Staircase Approximation Line
linear model … Linear Approximation Line
You can download full version and reffer detailed usage instruction in my Japanese WebSite.
My WebSite can be found here. https://www.mql5.com/ja/users/abueg