In fact, there is nothing new, but the indicator generates a signal somewhat earlier than the Alligator (at similar values of MA periods in both indicators). On the higher timeframes the difference can be noticeable (in my opinion).
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7814
The indicator draws the linear regression line based on the closing prices of the last bars.Gann's_Cycle_Levels
This script draws the price levels within a cycle (by Gann) between the significant Highs and Lows.