Available soon
Loading product…
Linear Regression Line is an MT5 indicator that draws a least-squares regression line, with deviation bands around it, over recent price data. It helps traders judge trend direction, slope and how far price has moved from its statistical mean.
Get one message the moment it launches, with its price.
Linear Regression Line is an indicator for MetaTrader 5 that fits a straight line through recent price data using the least-squares method and displays it on the chart together with bands on either side. It gives traders a statistical reference for trend direction, trend steepness and how far price has moved away from its average path.
A regression line is the straight line that sits as close as possible to a chosen number of recent prices. Because it is recalculated as new bars form, it behaves like a trendline that adjusts itself to the market rather than one drawn by hand. The bands around the line are set at a distance based on the spread of price around it, so they widen when price is noisy and narrow when it is orderly.
In a trending market, some traders look for pullbacks toward the line or the nearer band and treat them as possible areas to join the trend. In a ranging market, others treat the outer bands as dynamic support and resistance and watch for reactions there. The slope can also be used as a filter, for example by only considering trades in the direction the line is pointing, or as a second opinion alongside moving averages or RSI. It can be combined with Fibonacci retracements or horizontal levels to look for confluence. It should not replace price action analysis.
The indicator can be attached to any symbol and timeframe that MT5 offers, including forex pairs, metals and indices. Shorter timeframes produce more frequent changes in the line, while higher timeframes give a smoother view of the broader trend. Because the result depends on how many bars are included, the same settings will not suit every instrument.
The exact list of inputs is shown in the indicator properties when you attach it to a chart. Typical parameters for tools of this kind are listed below; confirm what is actually available in your copy.
| Parameter type | What it usually controls |
|---|---|
| Calculation period | How many bars are used to fit the line |
| Deviation | How far the bands sit from the line |
| Price applied | Which price (close, for example) is used |
| Colours and style | Appearance of the line and bands |
Test different values on a demo account and on several timeframes before using the indicator in live decisions.
Trading carries risk, and past results do not predict future ones. A regression line is calculated from past prices and does not forecast what will happen next. Price can move outside the bands and stay there, so use sensible position sizing and stop levels.
If the indicator does not appear, confirm that you are using MT5 rather than MT4 and that the file is in the correct folder.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 (MT5) |
| Strategy focus | Signals, Trend, Momentum, Support and resistance |
| Delivery | Digital download |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator |
| Strategy tags | Signals, trend, momentum, support and resistance |
| Markets | Any symbol offered by your broker (forex, metals, indices and others) |
| Timeframes | All MT5 timeframes, M1 to MN1 |
| Trade style | Discretionary analysis; trend following or mean reversion |
| Requirements | MT5 desktop terminal; no automated trading permission needed |
No reviews yet. Customers who own Linear Regression Line can review it here.
No. It is a chart indicator, not an expert advisor. It draws the regression line and its bands, and you decide whether and how to act on what it shows.
This listing is for MetaTrader 5. An MT5 indicator file will not load in MetaTrader 4, so check that you use the MT5 terminal.
It can be attached to any symbol and timeframe in your MT5 terminal. Regression lines behave differently depending on volatility and the number of bars used, so test the settings on the instruments you trade.
Copy the indicator file into the MQL5/Indicators folder through File, Open Data Folder in MT5. Restart the terminal or refresh the Navigator, then drag the indicator onto a chart.
It is better used as one input among several, such as price action, support and resistance levels or another momentum tool. Trading carries risk and past results do not predict future ones.
Check the input tab after attaching the indicator to see which parameters are available, such as period, deviation and colours. Suitable values depend on your symbol and timeframe, so test them on a demo account first.
Linear Regression Line
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running indicators.
More MT5 tools with a similar focus.
Own Linear Regression Line? Sign in to review it.