LT Regression Chanel MT5
- Indicators
- Sie Samuel Roland Youl
- Version: 2.50
- Updated: 16 October 2023
Discover the LT Regression Channel, a powerful technical indicator that combines elements of Fibonacci analysis, Envelope analysis, and Fourier extrapolation.
This indicator is designed to assess market volatility while enhancing precision in identifying overbought and oversold levels through Fibonacci analysis. It also leverages Fourier extrapolation for predicting market movements by integrating data from these indicators.
Our versatile tool can be used independently or in combination with other indicators. It's compatible with various time frames and chart types, including custom options like Renko and Heiken Ashi. While some redrawing may occur, its stability significantly improves with longer time frames (recommended above 500). Moreover, it delivers more accurate predictions with larger time frames.
Experience the power of the LT Regression Channel for your trading strategy. Try it now!
This is a highly effective and practical indicator. When integrated with various strategies, it produces numerous valuable outcomes. It is remarkable to consider the level of ingenuity required to develop such an innovative tool. I have been applying it in real market scenarios for an extended period and have gained significant benefits from it. Would you kindly share the code for this indicator? I would be deeply appreciative.