462# Linear Regression Breakout System
Submit by Dimtry 13/05/2015
Linear Regression Breakout System is an intraday system based on the breakout. I add two filters for signals.
Time Frame 15 min or 30 min..
Markets: Currency pairs majors, Index and Commodities.
Linear Regression Breakout
ADR for levels (high/low intraday range),
Trading rules for Linear Regression Breakout System
- Signal indicator forex LinRegression Breakout gives signals for entry into the market in the form of arrows after breaking price channel
Signal indicator forex Linear Regression Breakout for constructing price channel on the chart of the currency pair, as well as to indicate the entrances to the market penetration for the channels.
A break of the channel signal indicator forex Linear Regression Breakout sends a signal to enter the market in the form of an arrow up or down. The level of stop-loss is marked with a cross, the level of take-profit - an arrow pointing to the side.
Linear Regression Breakout sends a signal to enter arrow up, confirmed by green bar Pet-D and Shaff green line.
Linear Regression Breakout sends a signal to enter arrow down, confirmed by red bar Pet-D and Shaff red line.
Exit position when Pet-d changes color or make profit with profit Target predetermined.
In the pictures Linear regression breakout system in action.
Share your opinion, can help everyone to understand the forex strategy
Ludwig (Tuesday, 12 September 2017 14:24)
Installed these indicators into my Meta Trader 4. They work well. But the Schaff indicator does not show the red and green lines but throws signals when ups or downs are detected.
Any clue why the Schaff does not show the red and green lines?