Lines Profit Loss
by Taras Slobodyanik · MT4
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Summary
Linear Regression Forecaster is an MT4 indicator by Abdelkarim Elbouhali with price and rating listed as N/A and no verified stats available. Traders comparing it should weigh its statistical approach to price forecasting against practical needs: execution, spreads, and broker rules. Alternatives like Haven Candle Timer Countdown, MTF Trend Monitor, STRAT Price Action Scanner, Currency Strength Meter Pro for MT5 ($78), and MACD Intraday Trend PRO ($77) each target different workflows — time management, multi-timeframe trend, pattern scanning, strength measurement, and intraday MACD setups. FxRobotEasy independently reviews all products; none guarantee outcomes and drawdown risk always applies.
Retail forex traders compare Linear Regression Forecaster with alternatives to decide which indicator best matches their strategy, execution speed, and risk tolerance. Linear regression tools attempt to project price with a statistical trend line, but real trading depends on broker execution, spreads, slippage, and drawdown. FxRobotEasy independently reviews all products listed here so readers can weigh features and limitations without vendor hype. Because the Linear Regression Forecaster listing shows price N/A, rating N/A/5, and no verified stats, traders should evaluate signal clarity, customization, and how the indicator integrates with their MT4 setup and trading rules before committing capital.
| Metric | Linear Regression ForecasterMain Product | Trendopedia Ai Our bot | Lines Profit Loss | Limit Line AM | LineTraderPro2 MTF Horizontal Lines MT4 | Limit Levels AM |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | 0.0 | N/A | N/A | 0.0 |
| Price | N/A | $149 | N/A | N/A | $40 | N/A |
| ROI | -12.5% | +291.1% | N/A | N/A | N/A | -17.0% |
| Max Drawdown | 29.6% | 22.0% | N/A | N/A | N/A | 35.7% |
| Win Rate | 49.0% | 56.4% | N/A | N/A | N/A | 45.6% |
| Profit Factor | 0.99 | 1.48 | N/A | N/A | N/A | 0.95 |
| Total Trades | 1,817 | 429 | N/A | N/A | N/A | 492 |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Linear Regression Forecaster, authored by Abdelkarim Elbouhali for MT4, applies linear regression techniques to project short-term price direction and potential turning points. Strengths include a familiar statistical approach and potential ease of interpretation for traders who prefer trend-based forecasts. Weaknesses are the lack of published price, rating (listed as N/A/5), and no verified performance stats — which means you must test it extensively on demo accounts. The indicator suits discretionary traders who combine statistical cues with price action and risk management. Platform realities matter: broker spreads, order execution speed, and allowed EA/indicator usage on your broker can materially change results. Expect drawdown risk like any predictive tool; do not treat forecasts as guarantees. Consider backtesting and forward demo testing, and combine the indicator with clear stop-loss and position-sizing rules.
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Linear Regression Forecaster offers a statistical angle for MT4 users, but its listing lacks price, rating, and verified performance data, so it should be demo-tested before live use. The listed alternatives serve different needs: timing, multi-timeframe trend, price-action scanning, currency strength, and intraday MACD, with Currency Strength Meter Pro ($78) and MACD Intraday Trend PRO ($77) carrying explicit prices. Platform realities — broker spreads, execution, and drawdown risk — will affect any indicator’s real-world value. FxRobotEasy independently reviews all products and also offers verified bots as an alternative for traders seeking pre-validated automation.
The Linear Regression Forecaster listing shows price N/A, rating N/A/5, and no verified stats, so a purchase decision should follow careful testing. Try it on a demo account to verify signals in your market conditions, check how broker spreads and execution affect results, and confirm it fits your risk management rules. Do not expect guaranteed returns; treat it as an informational tool to complement a robust trading plan.
There is no single best alternative; it depends on your needs. If you need precise candle timing choose Haven Candle Timer Countdown. For multi-timeframe confirmation choose MTF Trend Monitor. For pattern discovery choose STRAT Price Action Scanner. For pair selection on MT5 choose Currency Strength Meter Pro ($78). For intraday momentum choose MACD Intraday Trend PRO ($77). All alternatives list high ratings but no verified performance stats, so demo testing is advisable.
Indicators produce signals from chart data, but actual trade outcomes depend on broker execution, spreads, slippage, and any commission structure. Wide spreads can turn a nominal signal into an unprofitable trade, and requotes or slow fills increase slippage risk, especially intraday. Some brokers restrict indicator-based automation or EAs. Always test indicators under your broker’s conditions on demo accounts and include realistic spread and slippage assumptions in backtests.
While evaluating Linear Regression Forecaster and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades