LT Regression Channel MT5

Sets how many bars are included in the regression calculation. A higher value creates a smoother, slower-reacting channel. Ideal for swing and position traders.

Controls the shape of the regression curve. Degree 1 draws a straight line. Degree 4 curves naturally to follow price cycles and market structure.

Sets the distance of the inner band from the center line, measured in standard deviations. Price touching this level often marks the boundary between normal and extended moves.

Sets the distance of the middle band from the center line. This level acts as a key decision zone where breakouts or reversals frequently occur in trending markets.

Defines the extreme outer boundary of the channel. Price reaching the outer band is statistically rare. A prime area to watch for exhaustion or reversal signals.

Tells the indicator to ignore the most recent N bars when computing the regression. Setting 5 to 20 smooths out the channel tip on fast-moving or noisy instruments.

Sets how many bars ahead the channel is projected into the future. The projection continues the polynomial curve forward, revealing potential future support and resistance levels.

When enabled, colorizes lag zone candles so you can clearly see which bars are excluded from the calculation. Useful any time Lag Bars is greater than zero.

Sets the display color of candles inside the lag zone. The default dark grey visually separates lag candles from the active price bars within the channel range.

Toggles the regression curve itself (the statistical mean of price) on or off. The center line is the core reference point for all mean-reversion strategies.

Enables colored fill between band pairs for instant visual zone recognition. Zone 1 fills between inner and middle bands. Zone 2 fills between middle and outer bands.

Color of the inner band line in the historical channel. The inner band is the first deviation level and often acts as dynamic support or resistance during trends.

Color of the middle band in the historical channel. The 1.618 deviation middle band is a key zone where breakouts and zone-to-zone transitions frequently occur.