present
Sign up and get $50 off your first purchase
47
Sales
3.03K
Free installs

Description

This indicator is designed to perform multiple non-linear regression analysis using four independent variables: close, open, high, and low prices.

Here's a components and functionalities:

Inputs:

  • Normalization Data Length: Length of data used for normalization.
  • Learning Rate: Rate at which the algorithm learns from errors.
  • Show data points: Show plotting of normalized input data(close, open, high, low)
  • Smooth?: Option to smooth the output.
  • Smooth Length: Length of smoothing if enabled.
  • Define start coefficients: Initial coefficients for the regression equation.

Data Normalization:

The script normalizes input data to a range between 0 and 1 using the highest and lowest values within a specified length.

Non-linear Regression:

It calculates the regression equation using the input coefficients and normalized data. The equation used is a weighted sum of the independent variables, with coefficients adjusted iteratively using gradient descent to minimize errors.

Error Calculation:

The script computes the error between the actual and predicted values.

Gradient Descent:

The coefficients are updated iteratively using gradient descent to minimize the error.

Visualization:

  • Plotting of normalized input data (close, open, high, low).
  • The indicator provides visualization of normalized data values (close, open, high, low) in the form of circular markers on the chart, allowing users to easily observe the relative positions of these values in relation to each other and the regression line.
  • Plotting of the regression line.
  • Color gradient on the regression line based on its value and bar colors.
  • Display of normalized input data and predicted value in a table.
  • Signals for crossovers with a midline (0.5).

Interpretation:

Users can interpret the regression line and its crossovers with the midline (0.5) as signals for potential buy or sell opportunities.

This indicator helps users analyze the relationship between multiple variables and make trading decisions based on the regression analysis. Adjusting the coefficients and parameters can fine-tune the model's performance according to specific market conditions.

Summary

AI summary
The Multiple Non-Linear Regression indicator performs regression analysis using four independent price variables: close, open, high, and low. It normalizes these inputs within a specified data length to a 0–1 range based on their highest and lowest values. The indicator calculates a weighted regression equation with coefficients that are iteratively adjusted via gradient descent to minimize prediction errors. Users can customize parameters including normalization length, learning rate, initial coefficients, and smoothing options.

Visualization features include plotting normalized input data points as circular markers, displaying the regression line with a color gradient reflecting its value and bar colors, and presenting normalized data alongside predicted values in a table. The indicator also signals crossovers of the regression line with a midline at 0.5, which can be interpreted as potential buy or sell signals. This tool supports analysis across various markets and symbols such as BTCUSD, Forex, Crypto, XAUUSD, and NAS100, aiding users in understanding relationships between multiple price variables to inform trading decisions.
Indicator profile

Discussion

Customer reviews

4.6
Reviews: 3
5
67 %
4
33 %
3
0 %
2
0 %
1
0 %
Customer reviews
December 14, 2025
Not perfect, but the workflow felt cleaner. The setup needs patience.
December 10, 2025
would not throw it on live right away, but the idea is usable.
December 9, 2025
Chart checks feel less noisy, but a clean signal can still fail.

FAQ

BTCUSD
Forex
Signal
Crypto
XAUUSD
NAS100
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

Price

47
Sales
3.03K
Free installs