THV Auto Linear Regression Channel MT5
- Indicatori
- Trong Khanh Phan
- Versione: 1.0
Hi Traders,
A clean and lightweight Linear Regression Channel indicator designed for precise trend and volatility analysis. The channel is calculated using true linear regression, providing a statistically accurate best-fit trend line with adaptive upper and lower bands based on standard deviation
Key Features:
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True linear regression calculation (not a simple moving average)
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Adjustable regression period and channel width
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Multiple price options (Close, Open, High, Low, Median, Typical, Weighted)
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Fully customizable colors and line styles
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Clean chart display with minimal resource usage
This tool helps traders identify trend direction, dynamic support and resistance zones, overextended price conditions, and potential breakout areas with greater statistical reliability.
Happy trading !
