i-Regr - Indicator for MetaTrader 4

The linear Regression Channel is depicted on the graph as two parallel lines, located at an equal distance from the trend lines. The distance between the line and the channel boundaries indicates the deviation of the maximum closing price from the regression line.

The e-Regr Advisor is developed on the basis of the Regression Channel indicator. On the chart it works as follows: if the price is below the bottom line, you need to open the Buy position, if the price is higher than the top line, this should be the Sell transaction.