Automatic Regression Channel MT4 Forex Indicator

The automatic regression channel Forex Metatrader 4 indicator draws a dynamic channel around price.

It calculates and displays the Forex regression channel in real-time.

It’s a great indicator that provides easy to use buy and sell signals based on the position of the trading channel.

How it works

  • The trend is considered bullish when the automatic regression channel is sloping up (enter buy trade at the lower red regression channel line).
  • The trend is considered bearish when the automatic regression channel is sloping down (enter sell trade at the upper blue regression channel line).

Tip: Use this indicator together with a candlestick reversal pattern to double confirm the buy or sell trade.

Many traders use it for scalping and day trading purposes on various currency pairs during the most volatile trading sessions (London, New York).

Some of the feedback we’ve received from Forex traders reveal that their winning rate increased by at least 60% by adopting the automatic regression channel MT4 indicator for market entry and exit.

Feel free to explore the indicator’s different parameters and settings to create your personalized indicator setup.

Download This MT4 Forex Indicator Free

Download the “automatic-regression-channel-v2.ex4” Metatrader 4 indicator

Automatic Regression Channel Forex Indicator Chart

Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.

This indicator works for any currency pair and time frame of your preference.

Finding Buy and Sell Triggers With The Automatic Regression Channel Forex Indicator 

Below is an example of how to buy and sell currency pairs with this Forex indicator:

Buy Trigger: Buy the currency pair at the bottom of the channel (red lower line) when the Automatic Regression Channel is sloping up (bullish trend).

Place a protective stop loss below the low of the Automatic Regression Channel red line, or use your own stop loss placement strategy.

Close the buy trade at the upper blue regression channel line, or use your own favorite take profit method.

Sell Trigger: Sell the currency pair at the top of the channel (blue upper line) when the Automatic Regression Channel is sloping down (bearish trend).

Place a protective stop loss above the high of the Automatic Regression Channel blue indicator line, or use your own stop loss placement strategy.

Close the sell trade at the lower red regression channel line, or use your own favorite take profit method.

Download This Forex Indicator Now

Download the “automatic-regression-channel-v2.ex4” MT4 indicator

Adjustable Parameters

Channel period, use high low, colors, width, style.

Usage

The indicator can be used as a stand-alone signals indicator.

It can also be combined with:

  • Trading oscillators (MACD, Stochastic, DeMarker,…)
  • Trend indicators (Moving Average, Bollinger Bands, ADMI, Parabolic SAR,…)
  • Price action methods and techniques

More Info About This Indicator

Tradable Currency pairs: Any

Trading Platform: MT4

Time frames: M1, M5, M15, M30, H1, H4, D1, W1

Indicator Type: regression channel

Installation

Copy and paste the indicator in the MT4 indicators data folder.

Then restart the MT4 terminal and attach it to any chart.

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