MA Cluster Regression
MA cluster is a set of Moving Averages and it includes major Fibonacci sequence numbers: 5, 8, 13, 21, 34, 55.
Usually, MA cluster vibrates around the base level 1.0. If some Moving Averages are deviated too much from it, they will be regressed to the base level. As you know, some indicators like RSI, WPR and Stochastic have static overbought/oversold levels, if market runs with an extreme trend, they often send false signals (high/low passivation).
This indicator has dynamic overbought/oversold levels based on crest or trough of bars range. Therefore, it's easy to measure price deviation. The indicator supports all currency pairs and works on all timeframes. It is quite easy and simple to use.
Both MetaTrader 5 and MetaTrader 4 versions are available, price is the same.
If you need MetaTrader 4 version, please leave a message with your comments.
Enjoy and good luck!