Hi forumer,
i've found this linear regression indicator and would turn it into a strategy

 

Code

inputs: Price( Close), Length( 20), Displace( 0), UpColor( green), UpDotColor (green), DnColor (red), DnDotColor (red), BarOffset (.02), DotInLine("No"), PaintInBarLRCLine ("Yes"); variables: LinReg( 0 ), Trend (0), Transition (0) ; if Displace >= 0 or CurrentBar > AbsValue( Displace ) then begin LinReg = LinearRegValue( Price, Length, 0 ) ; If LinReg > LinReg [1] then Begin If Trend = -1 then Transition = 1; If PaintInBarLRCLine = "Yes" then Plot1[Displace]( LinReg, "LinReg", UpColor ); If DotInline <> "Yes" then Plot3[Displace] (High + BarOffset,"Up",UpColor); Trend = 1; End Else Begin If Trend = 1 then Transition = 1; If PaintInBarLRCLine = "Yes" then Plot1 [Displace] ( LinReg, "LinReg",DnColor ) ; If DotInLine <> "Yes" then Plot4 [Displace] (Low - BarOffset,"Dn",DnColor); Trend = -1; End; If Transition = 1 then Begin If Trend = 1 then Begin If DotInLine = "Yes" then Plot5[Displace]( LinReg, "UpDotColor", UpDotColor ) else Plot5(High + BarOffset, "UpDotColor", UpDotColor); Alert; End; If Trend = -1 then Begin If DotInLine = "Yes" then Plot6 [Displace] ( LinReg, "DnDotColor", DnDotColor ) else Plot6(Low - BarOffset, "DnDotColor", DnDotColor); Alert; End; Transition = Transition + 1; End; { Alert criteria } if Displace <= 0 then begin if Price > LinReg and LinReg > LinReg[1] and LinReg[1] <= LinReg[2] then Alert( "LRC turning up" ) else if Price < LinReg and LinReg < LinReg[1] and LinReg[1] >= LinReg[2] then Alert( "LRC turning down" ); end ; end ;

anyone can help me?
thanks

w4rri0r,

the first thing you would need to clarify is what exactly should trigger an entry and exits. Posting a couple of screenshots with the indicator and where you would want to see entries and exits might enable others to help you.

Regards,

ABCTG

ABCTG 

w4rri0r, the first thing you would need to clarify is what exactly should trigger an entry and exits. Posting a couple of screenshots with the indicator and where you would want to see entries and exits might enable others to help you. Regards, ABCTG

Hi ABCTG,
for testing purpose i simply need to buy/sell when the indicator turns up or down
it would be nice to insert a sort of delay bars to trigger the order or something like angle conditions



thanks