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Linear Regression Breakout Metatrader 4 Indicator

The Linear Regression Breakout indicator for MT4 generates buy and sell signals based on linear regression channels breakouts.

Trading Rules

BUY: Go long at the yellow arrow bar.
SELL: Go short at the pink arrow bar.

See image below for clarification of the entry rules.

Download

Download the LinRegression Breakout.mq4 indicator.

EUR/USD 15 Min Chart Example

linregression-breakout-indicator-mt4

How to install the Linear Regression Breakout custom indicator in Metatrader 4?

  • Download the LinRegression Breakout.mq4 indicator to your computer.
  • Open your Metatrader 4 platform.
  • Open the data folder from the top menu.
  • Open the MQL4 folder.
  • Open the indicators folder.
  • Paste the indicator file in this folder.
  • Restart the trading platform.
  • Open any trading chart.
  • Attach the indicator to the chart.