462# Linear Regression Breakout System

Regression Breakout

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.

Metatrader Indicators:

Linear Regression Breakout

PET-D

ADR for levels (high/low intraday range),

schaff cycle.


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.


Buy

Linear Regression Breakout sends a signal to enter arrow up, confirmed by green bar Pet-D and Shaff green line.


Sell

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.

 Linear regression breakout system in action.
Linear regression breakout system in action.
 Linear regression breakout system
Linear regression breakout system

 

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Comments: 1
  • #1

    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?

    Thanks!

Linear regression breakout system
Linear Regression Breakout System is an intraday system based on the breakout. I add two filters for signals.
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