Polynomial Regression Channel

[scjohn]

This a port from MQL4 to NinjaTrader. This was requested in a post in the Indicator Development forum.

A very limited description can be found at http://codebase.mql4.com/4332 .

[RJay]

scjohn,

I think it is a very nice indicator.

I'm looking at it on the 4 tick range chart. I like what I see.

Thank you for doing this,

RJay

[Mauro60]

Excellent work, but as you can see from the image into metatrader indicator works otherwise, the channel always works in a harmonious

[Ninja B]

Thank you scjohn for translating and sharing this indicator.

Excellent work, but as you can see from the image into metatrader indicator works otherwise, the channel always works in a harmonious

^^^ What 2 indicators are you using in the screen shot you posted?

[Mauro60]

it is the same indicator but on metatrader

[Ninja B]

it is the same indicator but on metatrader

Oh I see. Thank you

[Mauro60]

Sorry scjohn, I'm watching the indicator of ninja, I see that it is practically equal to that of metatrader except that on metatrader accepts inputs up to 6 not 3.I am testing EA of this indicator at 3 operations 3 earnings, if it works this way every day ...

[eDanny]

Sorry scjohn, I'm watching the indicator of ninja, I see that it is practically equal to that of metatrader except that on metatrader accepts inputs up to 6 not 3.I am testing EA of this indicator at 3 operations 3 earnings, if it works this way every day ...

Looks to me like Degree can only go to 3 for the 3 kinds of regression used.

[Mauro60]

Looks to me like Degree can only go to 3 for the 3 kinds of regression used.

Hi eDanny,see image,line yellow degree=3,line green degree = 6.

[eDanny]

Ok I see that but the site only indicated 3 powers of regression. I guess it would be nice to go to 6.

[scjohn]

You can go up to 4. Anything over 4 and you will get ".... Index was outside the bounds of the array."

[Ninja B]

has anyone tried to use the Poly channel in a strategy yet. the plots are not displaying correctly when used in a strategy. and there no errors shown in the log.

[Mauro60]

This is the EA of the polynomial in Metatrader language, the image are the four operations yesterday afternoon (I think I have had much luck!)
Time frame 1 minute

[ctrlbrk]

It is useful. I've not examined the version posted here, but a while back I had a programmer do this conversion for me.

Here is a current 6 range chart along with some other indicators I have adapted myself (which I will be posting on my blog)...



Mike

[max-td]

Thank you for this scjohn !
i watched it this morning live and realized that it repaints its plottet values always a bit backwards - is this the nature of this channel ?

max-td