The Linear Regression Line Forex Indicator is a useful and popular free MT4 indicator for Forex traders. It is designed to help traders identify trend direction and strength, as well as potential support and resistance levels. The indicator works by plotting a linear regression line on the price chart, which is used to identify the trend direction and strength. The line is also used to identify potential support and resistance levels. The indicator is simple to use and can be quickly added to any MT4 trading platform. The Linear Regression Line Forex Indicator is based on the concept of linear regression. This concept states that a straight line can be used to best fit the data points on a chart. The Linear Regression Line Forex Indicator uses this concept to plot a straight line on the chart that best fits the data points. This line is then used to identify the trend direction and strength, as well as potential support and resistance levels. The Linear Regression Line Forex Indicator is a useful tool for traders who are looking to identify trend direction and strength, as well as potential support and resistance levels.