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Linear Regression Breakout Metatrader 4 Indicator

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    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.