e-regr
Info
The e-regr is a Expert Advisor for MetaTrader 5 that trading by regression channel:this strategy utilizes three types of regression channels: linear, quadratic (parabolic), and cubic. A unique feature is the trend protection mechanism, which disables trading and closes all open positions if the previous day's D1 exceeds 1500 pips (adjustable parameter).
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use e-regr
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
Trading by Regression Channel:This strategy utilizes three types of regression channels: linear, quadratic (parabolic), and cubic.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Trading Signals from Candlestick Patterns and Stochastic Indicator using MQL5 Wizard - another powerful expert for MetaTrader 5 traders.
Trading by Regression Channel:Also recommended: Exp RV i Diff Expert Advisor - similar expert with strong performance on MetaTrader 5.
This strategy utilizes three types of regression channels: linear, quadratic (parabolic), and cubic.
A unique feature is the trend protection mechanism, which disables trading and closes all open positions if the previous day's D1 exceeds 1500 pips (adjustable parameter).
Tested over a period from 2026.01.01 to 2026.10.26 with an initial deposit of 10,000 on the H1 timeframe.
Note: The i-regr indicator is assumed to be located in the \mql5\indicators\ folder.
You may also like: ilan1.4 Trading Report - excellent alternative for expert users on MetaTrader 5.
Source Code
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⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.