Dserg Lin Regression Breakout V1.1 2
Dserg Lin Regression Breakout V1.1 2 is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is breakouts from a range. This copy is version 1.1.2. It draws arrows on the chart and can send alerts. It has 10 settings, for example S1 (default . ), Nlin (default 25) and S2 (default . ). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.1 · Free
About Dserg Lin Regression Breakout V1.1 2
Dserg Lin Regression Breakout V1.1 2 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 10 settings, such as S1, Nlin and S2. MQL source code included.
Files in the download: Dserg-LinRegressionBreakout_v1.1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| S1 | . | |
| Nlin | 25 | |
| S2 | . | |
| R0 | 150 | |
| S3 | . | |
| T0 | 2.618 | |
| S4 | Close,\n false - High/Low | |
| Use close | true | |
| S5 | ||
| Nbars | 5000 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Breakout · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code