LinearRegressionChannel

LinearRegressionChannel

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Custom instrument of the linear regression. LR line, Support and Resistance lines values are in the buffers.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 27.11.2008.

 

MT5 Indicator – Download Instructions

LinearRegressionChannel is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

LinearRegressionChannel 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.

How to install LinearRegressionChannel.mq5?

  • Download LinearRegressionChannel.mq5
  • Copy LinearRegressionChannel.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on LinearRegressionChannel.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator LinearRegressionChannel.mq5 is available on your Chart

How to remove LinearRegressionChannel.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

LinearRegressionChannel

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