Linear Regression Channel Trajectory Indicator
Info
The Linear Regression Channel Trajectory Indicator is a Indicator for MetaTrader 5 that this indicator displays dots based on linear regression, with the regression period determined by the lr_per input parameter. Two arrays are utilized to construct the regression trajectory: lr_up represents the trajectory for ascending segments, and lr_down represents the trajectory for descending segments.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Linear Regression Channel Trajectory Indicator
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
This indicator displays dots based on linear regression, with the regression period determined by the lr_per input parameter.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: AIS Smoothed Linear Trend Indicator - another powerful indicator for MetaTrader 5 traders.
This indicator displays dots based on linear regression, with the regression period determined by the lr_per input parameter.Also recommended: nadaraya-watson kernel regression for institutional-grade volatility analysis - similar indicator with strong performance on MetaTrader 5.
Two arrays are utilized to construct the regression trajectory: lr_up represents the trajectory for ascending segments, and lr_down represents the trajectory for descending segments.
Deviation lines are managed by the stdev_koef deviation ratio.
The indicator is designed for ease of customization, allowing traders to substitute open prices with any other data by modifying a single line of code.
This tool is suitable for use with MetaTrader 4 and MetaTrader 5 platforms and was last updated in 2026.
You may also like: linear regression slope indicator - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_chart_window
#property indicator_buffers 6
#property indicator_plots 5
#property indicator_label1 "transform"
#property indicator_type1 draw_line
#property indicator_color1 clrred
#property indicator_style1 style_solid.......
⚠ 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.