Looking for a simple linear regression channel

[sashazz]

Hi there,

I am looking for a simple linear regression tool that can draw the line like the thick white line on the picture attached. The idea is to use it together with BB. I found a couple of indicators but they are too fancy and I cannot get the line I need with their help.

The only setting which is present on the other program I am using for this picture is LR period (default is 9).

Any idea?

[Sergey Golubev]

sashazz:
Hi there,

I am looking for a simple linear regression tool that can draw the line like the thick white line on the picture attached. The idea is to use it together with BB. I found a couple of indicators but they are too fancy and I cannot get the line I need with their help.

The only setting which is present on the other program I am using for this picture is LR period (default is 9).

Any idea?

Many people asked this question already and there are many linear regression indicators:

- this one

and many others.

Open this link https://www.mql5.com/go?link=https://www.forex-tsd.src/search and type

linear regression

and you will find many indicators (and opinions).

[sashazz]

thanks newdigital. it is not that i did not look around - there are tons of everything similar to what i need but nothing is really working for me so far. the only thing i found that may look like what i want is this picture that you uploaded somewhere and it was an indicator with it (i attached this picture here). i copied it into my indicators and nothing happened. i would guess it is because this indicator was for mt3 and i have mt4. do you happen to have same thing that would work for mt4? i am not too much a computer kind of guy, so if you can, please make it foolproof. i saw several people were looking for the same idea - to cross linear regression line with BB and i did not find anybody who figured it out here, yet.

thank you.

[Sergey Golubev]

May be lwma?