397 # Regression Analysis Scalping System

Regression with RMI on RSX smoothed

 

Submit by Leo Trader 19/11/2013

 

Regression Analysis Scalping System is a forex strategy based on two regression indicators and on the RMI on RSX indicator.

 

Time Frame 15 min or higher.

Currency pairs Major, Metals and Oil.

 Forex Indicators:

B regrssion analysis dp limiter 200 multi standard deviation 1,96);

B regrssion analysis dp limiter 200 multi standard deviation 3,00);

RMI on RSX smoothed indicator (length 14, momentum 5, price 5, level OB 80, level OS 20).

 

Rules for Regression Analysis Scalping System

 

After you execute thr regression Analysis salping system on your MT4 chart, check andsee if the price touches or broken the upper or lower blue lines.

RMI on RSX is an momentum indicator.

Buy

The price  touches or broken the lower blue lines and wait until the RMI on RSX

momentum indicator turns green, then execute your order and take profit and stop loss.

 

Sell

The price  touches or broken the upper blue lines and wait until the RMI on RSX

momentum indicator turns red, then execute your order and take profit and stop loss.

 

 

I simply use a 1.5 to 1 Ratio Stop Loss method. From my entry point to the

magenta target line let’s say it is 20 pips. Then my Stop Loss will be 50% of

that which is 10 pips.

 

In this scalping system can also be used the NRP RSX MTF indicator with this setting:

length (14) OB level 75, level 25 OS.

 

What is the difference between RMI and smoothed on RSX RSX rnp MTF in this scalping system?

 

With RMI RSX smoothed on the trading approach is more conservative.

With RSX NRP MTF trading approach is more aggressive.

Regression Analysis Scalping System Templates and indicators
Regression Analysis Scalping System Templates and indicators metatrader 4 platform
Regression analysis scalping system.rar
compressed file archive 22.1 KB

 

In the pictures below Regression Analysis Scalping System in action.

Regression Analysis Scalping System
Regression Analysis Scalping System
Regression Analysis Scalping System
Regression Analysis Scalping System

Write a comment

Comments: 2
  • #1

    asaens (Wednesday, 20 November 2013 10:23)

    missing b_Regression_Analysis.mq4 / ex4

  • #2

    Forextradingstrategiesresources (Wednesday, 20 November 2013 10:47)

    ok! Thanks.
    admin

B Regression analysis
B Regression analysis indicator
b_Regression_Analysis.rar
compressed file archive 11.0 KB