Indicator, covering the movement of the market by regression dependencies. He showed himself to be a fairly stable and reliable indicator. The best trading strategy is within the channel. The indicator is used by the Regression Channel and Regression Channel double robots.
The indicator calculates the channel using the polynomial regression method
The regression index can be specified by the user. The regression index is determined by the quality of the coverage of the price movement chart.
- degree – order of regression;
- kstd – channel width;
- bars – amount of bars for the channel regression line calculation:
- shift – offset.