Indicator looks like Polynomial regression (viewtopic.php?f=17&t=3715), but instead of polynomial use a logarithmic function.
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The indicator was revised and updated
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mfoste1 wrote:this log regression as well as the polynomial regression would probably make excellent algorithmic strategies.
-enter short if price exceeds upper line by N number of pips.
-enter long if price exceeds bottom line by N number of pips.
parameters
lot sizing
allowed side
stop and limit
time period allowed to trade as specified by user
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