Dserg Lin Regression Breakout V1.1
Dserg Lin Regression Breakout V1.1 — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is breakouts from a range. This copy is version 1.1. 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
Dserg Lin Regression Breakout V1.1 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