linear-regression-channel-cloud-indicator
Trend Indicator
100% FreeIt draws a channel from a central regression line with two parallel lines that widen or narrow with market volatility. A channel pointing up means an upward slope and pointing down means a downward slope, and the two edges act as dynamic support and resistance.
How to install
Open MetaTrader 5, then File -> Open Data Folder. Go into the MQL5 folder, then Experts for a robot or Indicators for an indicator, and drop the file there. Restart the platform and you will find it in the Navigator panel.
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