AR extrapolation of price – indicator for MetaTrader 5

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

x[n] = -Sum(a[i]*x[n – i], i = 1..p)

where:

  • 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

AR extrapolation of price – indicator for MetaTrader 5 is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

AR extrapolation of price – indicator for MetaTrader 5 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 AR extrapolation of price – indicator for MetaTrader 5.mq5 to your MetaTrader 5 Chart?

  • Download AR extrapolation of price – indicator for MetaTrader 5.mq5
  • Copy AR extrapolation of price – indicator for MetaTrader 5.mq5 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 AR extrapolation of price – indicator for MetaTrader 5.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator AR extrapolation of price – indicator for MetaTrader 5.mq4 is available on your Chart

How to remove AR extrapolation of price – indicator for MetaTrader 5.mq5 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

AR extrapolation of price – indicator for MetaTrader 5 (Free Download)

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