[Indicator Introduction] MT4 Dow Theory Linear Regression Channel
We created it as an addon to extend the functionality of the "MT4 Dow Theory Trend Monitor," but because it is a standard indicator, you can use it standalone even without the "MT4 Dow Theory Trend Monitor".
It can be used in combination with other indicators when you want to draw a Linear Regression Channel.
By displaying it together with the higher-timeframe Linear Regression Channel, you will be able to understand both the medium- to long-term trend and the short-term trend simultaneously. Please give it a try!
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