The Linear Regression Channel Cloud Indicator MT5 is a free and popular Forex indicator that is useful for traders in many ways. It is designed to help traders identify trends and support and resistance levels in the market. The indicator consists of a linear regression line, a channel, and a cloud. The linear regression line helps traders identify the trend direction, while the channel and the cloud provide support and resistance levels. The Indicator MT5 is a powerful and useful tool for any Forex trader.