vStore header

vStore is your one-stop-shop for VertexFX plugins and apps. vStore categorizes the plugins/apps to make it easier for both front-end and back-end users to reach what they need

  • Choose from hundreds of VertexFX plugins/apps
  • VertexFX API toolkit to develop plugins/apps
  • Brand and sell your own plugins

Sign Up Now

vStore   VTL Plugins Free Least Square MA

Least Square MA

LeastSquare

Least Square MA is a moving average based VertexFX client side VTL indicator that employs least-square's, best-fit model. In the least squares best-fit methodology, given a number of points, we find an ideal line which is close to all points.

The same concept is extended to this indicator. Given the most recent R_PERIOD closing price points, we find an ideal line which is close to all the R_PERIOD points. The Y axis value of this ideal line is calculated for the current point, and this is the indicator value. Using the closing prices, we calculate the least squares co-efficient (SLOPE and INTERCEPT) over the recent R_PERIOD candles. This co-efficient is calculated by using the Linear Weighted Closing price of the recent R_PERIOD bars. In the next step, we calculate the projected value on the ideal line on the current bar. This process is repeated for each bar to generate the Least Square MA. The indicator is GREEN when it is rising and RED when it is falling. The Least Square MA builds the price curve which is close to all the candle closes over the R_PERIOD. Hence it reduces the lag efficiently.

The idea behind the indicator is that in trending market, the indicator will fit smoothly (because recent prices are either moving upwards or downwards), and hence the difference between the current price and the indicator value will be small. In sideways markets, this difference will be large, and leaves room for whip-saws and safe stop losses.

BUY - Place Buy position when indicator value turns GREEN. Avoid entering trade when candle gaps up.
SELL - PlaceSell when indicator value turns RED. Avoid entering trade when candle gaps down.

Usage

  • Download the attachment from vStore or directly from the vStore tab in your terminal by performing a right click on it and selecting Download & Install
  • Copy it to your company VertexFX Local VTL Files folder i.e. C:\Program Files\Company Name\vtl10\Local VTL Files\
  • Restart your Client Terminal or Right Click on "Local VTL Scripts" Tree Node to find the script.

Rate this product
0 vote
Favoured:
0

Listings details

Flat Monthly Fees
$0
Volume Monthly Fees
$0
Hits
4476
Rating
On
21 October 2015
Attachment (Desktop)
Compatibility

Share This!

youtube-right

Search Plugins

Try VertexFX

download-button

VertexFX for iOS Android Icon VertexFX Web Trader VertexFX eBroker Icon VertexFX Backoffice Social Trading

Community Forum

Ask, Share, Engage

Enter Forum

Project Zone

A Trader or A Developer?

Enter the Project Zone

Latest Projects

Sponsored Ad

iDouble Channel

Latest Plugins

Disparity Oscillator
Disparity Oscillator
Description: Disparity Oscillator is VertexFX indicator that is useful in identifying trend exhaustion and reversals. The Disparity ...
Open Two Pendin0g Orders
Open Two Pendin0g Orders
Description: Open Two Pending Orders trading Auto Trader is a VertexFX client side Trading Robot that provides functionality to manag ...
DTrends
DTrends
Description: dTrends indicator is a VertexFX client side indicator that provides entry and exit signals based on trend strength and c ...

Most Reviewed Plugins

VertexFX Bridge
VertexFX Bridge
Description: VertexFX Risk Management Bridge is a back end software used to connect your VertexFX system to another one for clearing an ...
VertexFX News Trader 11
VertexFX News Trader 11
Description: Never miss out news trading opportunities again! VertexFX auto News Trader for VertexFX 11 is a unique trading plugin tha ...
Butterworth 2 Pole
Butterworth 2 Pole
Description: The Two Pole Butterworth filter is a VertexFX Indicator which uses smoothing method termed as low-pass filters to reduce ...

Featured Plugins

PTL Perfect Trend Lines
PTL Perfect Trend Lines
Description: Perfect Trend Lines, PTL, is a short-term trend trading indicator. The lines showing the trend in this indicator are not ...
sRSI -Sell Relative...
sRSI -Sell Relative Strength Index
Description: sRSI (Sell Relative Strength Index) is a powerful VertexFX client-side indicator based on enhanced implementation of the ...
Traffic Light
Traffic Light
Description: Traffic Light is a VertexFX client-side Trading Robot that identifies entry and exit signals based on convergence and di ...

About Us

Started in 2002, Hybrid Solutions Group provides FOREX Online Trading Platform. Hybrid Solutions has adopted the latest technologies and international standards to develop its Online Trading Platform, VertexFX.

Read More

Contact us

uk16 UK: +44-2-071-936-008
australia16 Australia: +61-280-114-343
USA Flag USA: +1-845-657-3272
HongKong Flag HK: +852-8199-0933
Jordan Flag Jordan: +962-6-552-0822

Sales Chat on WhatsApp Sales Chat on WhatsApp

Send us Email

Join Our Mailing List

Expos & Awards

VertexFX Awards

Hybrid Photo Gallery

  

  

VertexFX Mobile Trader

VertexFX Mobile Trader android

VertexFX Mobile Trader iOS

VertexFX Cloud

VertexFX Cloud

Search Plugins

Latest Tweet

This website and its content are copyrights of Hybrid Solutions - © Hybrid Solutions 2002 - 2021. All rights reserved.

Disclaimer: Hybrid Solutions is the VertexFX trading platform vendor, provides technology only for the financial institutes and does not have any intervention in any financial role or in the trading cycle. Hybrid Solutions clears its responsibility from any financial institute's behavior. Choose your broker wisely and seek independent advice if necessary.

اخلاء مسؤولية: هايبرد سوليوشنز هي الشركة المزودة لبرنامج (الفيرتكس اف اكس) للتداول الالكتروني ، تزود فقط التكنولوجيا اللازمة للوسطاء ولكنها لا تتدخل بأي شكل مهما كان في عمليات التداول أو بأي دور مالي. هايبرد سوليوشنز تخلي مسؤوليتها بشكل كامل عن تصرفات الوسطاء او كل ما من شأنه أن يسبب الخسارة للمتداول ، إختر وسيطك بتأني واطلب النصيحة من المختصين بالتداول عند الحاجة.

Close