HomeForex MT5 IndicatorsAR extrapolation of price - indicator for MetaTrader 5

AR extrapolation of price – indicator for MetaTrader 5

An autoregressive (AR) (or linear prediction) model is given by:

x[n] = -Sum(a[i]*x[n – i], i = 1..p)


  • x[n] is the predicted value of a time series;
  • x[n-p]..x[n-1] are known past values of the same series;
  • a[1]..a[p] are the model coefficients, and p is the model order.

The model coefficients a[1]..a[p] can be fitted to the past data by a variety of methods. This indicator uses the Burg method.

The inputs of the indicator are:

  • UseDiff – a boolean switch to use price differences instead of prices themselves
  • Ncoef – number of model coefficients (model order)
  • Nfut – number of future bars
  • kPast – number of past bars in increments of Ncoef (must be >=1)

The indicator plots two curves: the blue curve represents the model outputs during its fitting, the red curve shows predicted future prices.

MT5 Indicators – Download Instructions

This is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

This MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies

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How to install MT5 Indicator to your MetaTrader 5 Chart?

  • Download mq5 file below
  • Copy the mq5 file to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on mq5 file
  • Attach to a chart
  • Modify settings or press ok
  • And the Indicator is available on your Chart

How to remove MT5 Indicator from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

(Free Download)

Click here below to download:

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Tim Morris
Tim Morrishttps://www.forexmt4indicators.com/
Tim Morris is a work from home dad, home-based forex trader, writer and blogger by passion. He likes to research and share the latest forex trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to be able to learn and download different types of forex trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com


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