Simple Regression 4
From the Old Kings archive: Simple Regression 4, an indicator for MetaTrader 4. It has 4 settings, for example Lookback Period (default 30), Applied Timeframe (default PERIOD_H4) and Regression Style (default STYLE_SOLID). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 · v1.0 · Free
About Simple Regression 4
Simple Regression 4 is an indicator for MetaTrader 4. It has 4 settings, such as Lookback period, Applied timeframe and Regression style. MQL source code included.
Files in the download: SimpleRegression.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lookback period | 30 | Period or timeframe used by the calculation |
| Applied timeframe | PERIOD_H4 | Period or timeframe used by the calculation |
| Regression style | STYLE_SOLID | |
| Regression color | clrDarkBlue | Colour on the chart |
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: MT4 Indicator · MQL4 Source Code