Forex Linear Regression Breakout Scalping Strategy
Forex Linear Regression Breakout Scalping Strategy:
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 forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Linear Regression Breakout Scalping Strategy?
- Download Forex Linear Regression Breakout Scalping Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Linear Regression Breakout Scalping Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
