概述
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新特性

Parabolic Regression Shapes Demo

This analyzer script opens up new possibilities of graphical analysis of price charts and is a useful addition to any trading strategy. It is mainly designed for manual trading, but the full version also contains means for integration with trading Expert Advisors. It does not perform trading operations.

Full version: https://www.mql5.com/en/market/product/19642

Method

The script builds the current non-linear trend and highlights the following price patterns based on quadratic regression

Linear Channel - a special case of a parabolic channel (quadratic regression channel)
Turn Up/Down - change in price direction
Trend weakening after movement Up and Flat/Down and Flat
moving up/down with acceleration after Flat and Up/Flat and Down price consolidation.

The script classifies trends based on their power, and assigns to each trend a power weight - Strong, Medium Strength, Slow or Almost Flat. based on the last three detected patterns, the script displays data about the trend type and strength, also the patterns are displayed as channels on the chart. A separate color is used for each pattern.

Original features of the script:

analysis of the combination of the last two formed shapes, after which it gives a comment about the price behavior
defines the shape that is being formed and that you may expect in the near future
visual confirmation or disproof of signals from other indicators.

Restrictions in comparison with the full version

the number of bars used for detecting the shapes and calculating trend characteristics is set to 8 and cannot be modified
works only on M1
does not generate a prediction based on the latest and expected shape
does not create global variables