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MetaTrader 5 Indicator | MALR

The Moving Average of a linear regression with two levels of bands like John Bollinger bands.

Parameters:

  • ChannelReversal - Relative width of the narrow channel.
  • ChannelBreakout - Relative width of a wide channel, channel width is measured from the narrow channel (i.e. if a previous parameter = 1, and this = 2, the wide channel width will be = 3)

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