Regression Channel Pro

Regression Channel Pro is an advanced trend-following indicator that
automatically draws a dynamic linear regression channel on your chart
and generates precise buy and sell signals based on price interaction
with the channel boundaries.

Unlike most signal indicators, Regression Channel Pro uses a
multi-confirmation logic that reduces signal repaint by up to 90%,
giving you reliable, actionable entries in real time.

─── HOW IT WORKS ───────────────────────────────────────────

The indicator calculates a linear regression line over a configurable
lookback period and builds upper and lower bands at a defined standard
deviation distance. Price action near the boundaries is filtered through
a set of internal conditions before a signal is confirmed:

  • BUY signal  → price touches or crosses below the lower band with
    momentum reversal confirmation. Displayed as an upward green arrow.

  • SELL signal → price touches or crosses above the upper band with
    momentum reversal confirmation. Displayed as a downward red arrow.

Signals are only emitted on closed bars (bar-shift confirmation),
which is the primary mechanism responsible for the 90% repaint reduction.

─── KEY FEATURES ───────────────────────────────────────────

  ✔ Dynamic linear regression channel — adapts to any market
  ✔ Upper, mid, and lower bands clearly drawn on chart
  ✔ High-accuracy buy/sell signals with arrow markers
  ✔ 90% less repaint — signals confirmed on closed bars
  ✔ Alert system: screen popup, email, and push notification
  ✔ Works on all symbols: Forex, Indices, Crypto, Gold, Oil
  ✔ Works on all timeframes: M1 to MN
  ✔ Non-repainting signal buffer — safe for use in EAs
  ✔ Fully configurable parameters

─── INPUT PARAMETERS ───────────────────────────────────────

  Regression_Period      — lookback bars for regression (default: 100)
  Deviations             — channel width in standard deviations (default: 2.0)
  Signal_Confirmation    — bar shift for signal lock (default: 1)
  Show_Midline           — show/hide the central regression line
  Buy_Arrow_Color        — color for buy signal arrows
  Sell_Arrow_Color       — color for sell signal arrows
  Channel_Color          — color for channel lines and band fill
  Enable_Alerts          — toggle alert system on/off
  Alert_On_Retouch       — alert only on boundary retouch (vs. cross)

─── RECOMMENDED SETTINGS ───────────────────────────────────

  Best results on H1 and H4 timeframes.
  Regression_Period between 80–150 for trend following.
  Use Deviations = 1.5 for more signals, 2.5 for higher precision.
  Combine with a trend filter (e.g. MA200) for best performance.

─── SIGNAL LOGIC SUMMARY ───────────────────────────────────

  Signal is generated when ALL conditions are met:
    1. Price closes beyond the channel boundary
    2. Previous bar closed inside the channel (reversion setup)
    3. Signal confirmed on bar close (shift=1) — no repaint

─── ALERTS ─────────────────────────────────────────────────

  When a new signal is confirmed, the indicator can trigger:
    • On-screen alert popup
    • Email notification (requires MT5 email settings)
    • Push notification to mobile (requires MT5 push settings)

─── COMPATIBILITY ──────────────────────────────────────────

  Platform   : MetaTrader 5
  Type       : Custom Indicator (.ex5)
  Symbols    : All (Forex, Crypto, Indices, Commodities)
  Timeframes : M1, M5, M15, M30, H1, H4, D1, W1, MN

─── NOTES ──────────────────────────────────────────────────

  Past performance does not guarantee future results.
  Always use proper risk management.
  Test on a demo account before live trading.

plus...