Linear Regression Channel Pro: MT5 Indicator for Precise Trend and Volatility Analysis

This Linear Regression Channel Pro review in 2026 presents a focused performance analysis of an MT5 indicator that maps price behavior using least-squares linear regression. The report compares backtest and live trading results to show trading results and realistic expectations, and it includes win rate and drawdown data so traders can evaluate suitability for their accounts. Linear Regression Channel Pro is unique because it draws straight-line channels rather than banded curves, relying on a mathematical least squares fit that updates dynamically as new bars form. The algorithm calculates a regression line and parallel channel boundaries by applying a volatility multiplier to the channel offset, producing entry signals when price touches outer bands or when mean reversion toward the channel median occurs. The indicator is coded for MT5 and includes parameters for lookback period, channel width multiplier, and smoothing options. Manuraj Dhanda, the developer, provides clear parameter descriptions and has a 4.5/5 user rating from 100 reviews on the marketplace. Linear Regression Channel Pro performs best in trending and gently volatile markets where straight-line fits approximate the dominant direction; it is less effective in purely sideways chop without directional bias. Risk management is built into suggested stop levels derived from channel width and recent ATR values, and expected performance characteristics typically include moderate win rates with larger average winners when trends persist. Traders should treat historical trading results as scenario-based guidance and perform walk-forward tests on their own accounts.