VTL PastRegrassionDeviated
$0.00
This is a VTL custom indicator client script that will draw seven indicator lines and a trend line on the chart based on PastRegrassionDeviated strategy.
This is a VTL custom indicator client script that will draw seven indicator lines and a trend line on the chart based on PastRegrassionDeviated strategy.
Main logic of this strategy is Linear Regrassion calculation on specific number of past candles. The number of candles can be specified by the input variable LR_length.
The trend line will draw from current candle to LR_Length candle to indicate current trend of price move. One main line in the middle then three pair of lines with equal distance up and down based on standard deviation will be shown on the chart.
The value of three standard deviations can be changed from input variables std_channel_1, std_channel_2, and std_channel_3 Hope this indicator will be helpful for profitable trading on VertexFx system.
Usage
- Download the attachment.
- Copy it to your company VertexFX Local VTL Files folder i.e. C:Program FilesCompany Namevtl10Local VTL Scripts
- Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node to find the script.
Additional information
| Plugin-Type | Client VTL – Custom Indicator |
|---|---|
| Compatibility |