The channel indicator plots a linear regression channel. First the indicator draws a trend line between two dots, then on its basis plots a channel of two parallel lines, which will be located at the same distance from the regression line. The distance to the regression line depends on the value of the maximum deviation of the closing price from the average line. If the price reaches the channel boundary or, which is better, crosses it, then the trend reversal is incoming.
The indicator proved itself best on the higher timeframes.
Binary Options Indicators – Download Instructions
Regression Сhannel Binary Options Indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Regression Сhannel Binary Options Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Regression Сhannel Binary Options Indicator.mq4?
- Download Regression Сhannel Binary Options Indicator.mq4
- Copy Regression Сhannel Binary Options Indicator.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Regression Сhannel Binary Options Indicator.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Regression Сhannel Binary Options Indicator.mq4 is available on your Chart
How to remove Regression Сhannel Binary Options Indicator.mq4 from your Metatrader Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download the Binary Options Indicators: