Linear Regression Slope for MT5

Comparison of Standard and Pro versions

FeatureStandardPro
Number of PeriodsSets the number of bars used to calculate the linear regression. The slope value shown in the histogram is in price per bar. A standard deviation channel is also drawn on the chart for the same number of bars and updates as each new bar opens.
Periods for Signal CalculationHas no signal lineDraws a signal line on the histogram calculated as the moving average of the slope over the number of bars specified
Send alert when slope crosses signalAlerts not availableWill trigger an alert and send to your mobile device when the slope value crosses above or below the signal line. This is based on a comparison of slope at bar 2 compared to bar 1. You must enable and configure push notifications to receive mobile alerts. Go to Tools > Options > Notifications in Metatrader.
Send alert when slope changes +ve or -veAlerts not availableWill trigger an alert and send to your mobile device when the slope value crosses zero. That is, when the slope changes between positive and negative. This is based on a comparison of slope at bar 2 compared to bar 1. You must enable and configure push notifications to receive mobile alerts. Go to Tools > Options > Notifications in Metatrader.