195# Multi MA with Regression Channel
90 % Accurate Forex System
Arrows entry
Submit by Lorenz
Multi MA with Regression Channel is a trend following price action strategy based on the multi moving averages which must agree with the slope of the regression channel. This condition is at the heart of the idea of trading which aims to increase profitability and therefore decrease the psychological impact of trading with a trend following system. As entry timing there are arrows but those who are experienced can enter retracements on moving averages. In other words the arrows are for beginners for educational purposes.
This sistem is suitable for day trading and swing trading.
Time Frame 15 min or higher.
Currency pairs: any.
Metatrader 4 indicators
Main chart
Regression Channnel period 240.
Crossover arrows
Auto Fibonacci indicator as profit target.
Enter signal
Multi Ma indicator.
Assistant indicator
Sub window
MACD
Trading rules Multi MA with Regression Channel
Condition of the trading system:
moving averges which must agree with the slope of the regression channel
Buy
Regression channel points up.
The moving averages have crossed upwards.
MACD is about to cross upward or greater than zero.
Enter when an buy arrow appears or when the price bounces off a moving average.
Sell
Regression channel points down.
The moving averages have crossed downwards.
MACD is about to cross downward or less than zero.
Enter when an sell arrow appears or when the price bounces off a moving average.
Exit position
Place initial stop loss below/above white moving average or regression or below above the upper/lower line of the channel.
Exit at the fibo levels or before of the opposite line of the channel.
Note:Trade only in situations where there is slope and avoid when the channel is horizontal even if moving averages are aligned. We must always look for the best conditions to trade. Do not enter the position if the price is out of the channel
Example of trades.
In the examples they highlight the market situations that must be sought to have good profitability and be successful.
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