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malr.mq5 (4.82 KB) view

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The Moving Average of a linear regression with two levels of bands like John Bollinger bands.

Parameters:

ChannelReversal - Relative width of the narrow channel.
ChannelBreakout - Relative width of a wide channel, channel width is measured from the narrow channel (i.e. if a previous parameter = 1, and this = 2, the wide channel width will be = 3)

EURUSD H1 MALR

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1186

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MALR - indicator for MetaTrader 5