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Logarithmic Regression Channels and Their Adjustable Parameters

Article MQL5 code base
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Summary

The document describes an indicator that draws a channel using a logarithmic function. It exposes three adjustable inputs: the number of bars used in the calculation, the channel deviation or width, and the price series applied to the calculation. Changing the bar length changes the channel’s appearance.

Illustrations are referenced for several lengths on an H4 chart and for a longer-term monthly chart. The text does not provide the formula, explain how deviation is computed, define how to interpret the channel, or give entry and exit rules. It also provides no backtest or performance evidence, so it establishes the indicator’s configurable behavior without showing whether it offers a useful trading signal.

Key ideas

  • The indicator draws a price channel using a logarithmic function.
  • Its settings control the calculation length, channel deviation, and applied price.
  • Changing the bar length changes the channel’s appearance.
  • The document provides no formula, trading rules, or evidence of performance.

Tags

Technical indicatorsStatistics

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.