Multi Regression Degree (Indicator MT4)
Multi Regression Degree (Indicator MT4) — a MetaTrader 4 indicator kept in the Old Kings collection. It draws arrows on the chart and can send alerts. It has 3 settings, for example All Bars (default 0), Otstup (default 17) and Per (default 13). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 5 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 · v1.0 · Free
About Multi Regression Degree (Indicator MT4)
Multi Regression Degree (Indicator MT4) 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 3 settings, such as All bars, Otstup and Per. MQL source code included.
Files in the download: 2 .jpg, 3 .jpg, SHI-SIGNAL.ex4, SHI-SIGNAL.mq4, Trend Signal.ex4, TrendLineChannel WC_NLR.ex4, zigzagtriad-mtf+alerts.ex4, Installation (MT4 - MT5) .pdf ….
Settings
| Setting | Default | What it does |
|---|---|---|
| All bars | 0 | How many bars should be counted. 0 - all the bars. |
| Otstup | 17 | Step back. |
| Per | 13 | Period. |
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: Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code