Linear Regression + Standard Deviation Channels

Howdy

I am wondering if anyone know of where to get both of these for MT4 but I want them to be adaptive and able to be adjusted to suit.

What I am wanting is to draw both of these channels on a 1h chart but for them to be done over a 20 day period. So a 20 day channel but implemented on a 1h chart.

I have seen ones that allow me to choose period, but do not allow adjustments to suit. If I choose 20 as a period and switch to 1h chart, it looks naff. If I choose 480, which is 20 trading days x 24 hours, it also looks wrong. The standard ones in MT4 do not move to dynamically to the next candle, but instead of remain on where they are placed.

Does anyone know of 2 MT4 EAs that can handle this sort of thing?

cheers

honkin

The attached 'center of gravity' indy plots a polynomial regression channel. It's the closest indy to your requirement that I'm currently aware of. Info on its parameter settings here.

It does advance with price, at least as far as I'm aware. If you want the channel to include the last N days' data on an hourly chart, then you'd need to set bars_back = Nx24, but this (like MT4's LR and SD studies) will plot a channel using the H1 data set, as opposed to the D1 set. There's what appears a MTF version of the indy in post #20 of the linked thread, which might get around this for you, but I've never tested it.