i-Regression Channel regression builds a channel:
Regression Channel consists of two lines equidistant above and below the regression line of the trend. A distance between the channel and regression line is equal to the maximum deviation from the closing price of the regression line.
- degree – the degree of regression, a value of 1 to 61;
- kstd – regression channel width;
- bars – the number of bars for the calculation of the channel;
- shift – Channel horizontal shift in bars.
Extrapolation / prognosis:
This indicator algorithm Quinn Fernandez harmonic frequencies to search. The algorithm analyzes the harmonic trigonometric series to one of said total number of harmonics N. After installing the new harmonic software algorithm calculates the updated balance between the model and actual values and brings new harmonic to the residue.
The indicator has the following input parameters:
- Npast – Number of historical bars for use trigonometric series;
- Nfut – the number of predicted future bars;
- Nharm – the total number of harmonics in the model;
- FreqTOL – Frequency error calculation.
The indicator plots two curves: the blue curve indicates the simulated past values, I red curve shows the simulated future values.
Alert sending function: message by e-mail, push-notification to the mobile terminal MetaTrader 4, a pop-up window in the terminal when the price swings the top or bottom line.
- SendMailMode: sending e-mails
- SendNotificationMode: sending push-notification
- AlertMode: pop-up notification
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