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Re: Forecasting indicators for MT4
Banzai, Wed Dec 17, 2025 6:50 pm
Mean Reversion
Can't find the source code.
The indicator is set up according to the standard instructions and is a price channel consisting of 7 lines. The bar line in the center is called the "center of gravity". In reality, all other lines are calculated based on one standard deviation from the central one. The channel has overbought and oversold zones located between the gray and extreme lines of the channel. It is worth paying special attention to these two areas.
For MT5, please go here:
post1295577912.html#p1295577912