Something interesting please post here (Metatrader 5)
Posted: Fri Jan 02, 2026 3:17 am
This is the 'New ROOM' for Something interesting in Metatrader 5 indicators
This is the 'New ROOM' for Something interesting in Metatrader 5 indicators
Tsar wrote: Fri Jan 02, 2026 4:53 am Linear Regression Histogram
[*] This indicator is created by LuxAlgo
This indicator is inspired by traditional statistical histograms. It will return the number of occurrences of price falling within each interval (bins) of the linear regression channel. This can be useful to highlight zones of interest within a trend.
Settings :
- Length : Number of recent closing prices used for the computation of the linear regression.
- Bins Number : Number of intervals constructed from the linear regression channel.
- Multiplier : Multiplicative factor for the RMSE. Controls the width of the linear regression channel.
- Source: Input source of the indicator.
- Show Histogram : true or false
Usage :
The indicator is constructed by dividing the linear regression channel range into a series of intervals (bins) of equal width. We then count the number of price values falling within each interval.
Linear Regression Histogram - M15.jpg
Linear Regression Histogram - M30.jpg
Linear Regression Histogram - H1.jpg
MEMO :
Avaible in TV [TradingView} : https://www.tradingview.com/script/1nJP ... m-LuxAlgo/
Hello everyone! I converted this indicator, including the labels and MTF to MT4. If there are any errors, please let me know here.Tsar wrote: Fri Jan 02, 2026 4:53 am Linear Regression Histogram
[*] This indicator is created by LuxAlgo
This indicator is inspired by traditional statistical histograms. It will return the number of occurrences of price falling within each interval (bins) of the linear regression channel. This can be useful to highlight zones of interest within a trend.
Settings :
- Length : Number of recent closing prices used for the computation of the linear regression.
- Bins Number : Number of intervals constructed from the linear regression channel.
- Multiplier : Multiplicative factor for the RMSE. Controls the width of the linear regression channel.
- Source: Input source of the indicator.
- Show Histogram : true or false
Usage :
The indicator is constructed by dividing the linear regression channel range into a series of intervals (bins) of equal width. We then count the number of price values falling within each interval.
Linear Regression Histogram - M15.jpg
Linear Regression Histogram - M30.jpg
Linear Regression Histogram - H1.jpg
MEMO :
Avaible in TV [TradingView} : https://www.tradingview.com/script/1nJP ... m-LuxAlgo/
WOW, awesome job. I compared it with my new unfinished parallax indicator and the 1st two target levels are very similar, for the real extension GANN used a tricky formula... not so easykysbog wrote: Mon Jan 05, 2026 6:17 am Hello, This is probably not right but oh well(no i do not have the original code this was all made with AI) 6 To be fair a lot of errors needed to be fixed.. So this is my Clone i made of Legacy Of Gann for MT5 Since theres none out there in the internet only the original one from MQL5 Market. So yup enjoy Happy 2026
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Yeah its not easy doing the correct extension cant wait to see your creationCagliostro wrote: Mon Jan 05, 2026 7:57 am WOW, awesome job. I compared it with my new unfinished parallax indicator and the 1st two target levels are very similar, for the real extension GANN used a tricky formula... not so easy![]()
PS: parallax automatically finds valid ABC patterns, to avoid putting patterns where they are not valid.
image_2026-01-04_215436260.png
Tsar wrote: Thu Jan 08, 2026 12:10 am Larry Williams Market Structure Indicator
Larry Williams - Forecast 2026.jpg
Larry Williams Market Structure Indicator MT5.png
Larry Williams stories.jpg
*** CREDITS for BestTraderEv as the Expert Coder.
Available in MT4 Indicator in :
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