The indicator builds a dynamic regression channel with high accuracy without lagging.
Channel deviation is calculated using a unique formula and displayed on the graph.
Can be used on any timeframe and any instrument.
MT4-version: https://www.mql5.com/en/market/product/64252
Can be used as a ready-made trading system, as well as an addition to the existing one.
Settings:
- Fast Period - Fast smoothing period;
- Slow Period - Slow smoothing period;
- Text Label Color - The color of the text.
