843# Sell High, Buy Low
Polynomial regression with slow stochastic
Trend Reversal Strategy
Submit by Dimitri
The strategy behind this system is to simply buy low and sell high by following trading rules and signals from several indicators that would allow us - safely and profitably- to trade price waves. This strategy trend reversal is based on polynomial regression and the slow Stochastic oscillator. This strategy is good for intraday trading but also for Swing Trading.
Time Frame 15 min or higher.
Metatrader 4 indicators:
Channel Buy Sell Signals,
Channel Trend Line (HMA),
Trading rules Sell High, Buy Low
Trend Channel = OverSold (important)
Channel Buy Sell Signal = Buy green dot (optional , not important)
Channel Trend Line = Buy (important)
Stochastic = OverSold/Buy (important)
Trend Channel = OverBought (important)
Channel Buy Sell Signal = Sell red dot (optional, not important).
Channel Trend Line = Red Line (important)
Stochastic = OverBought/Sell (important)
For targets, you can use the strategy that we explained previously. OR you can also use pivot levels indicator. Pivot indicator will provide you with the most effective support and resistance levels based on pivot formula. You can use those levels for Targets and for stop loss as well. Additionally, you can only set a protective stop loss, plus trailing stop – without – a specific target.
In the pictures examples of trades.
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