Forex TrendLine “Regression” Channel Trading

TrendLine “Regression” Channel Trading System and Strategy – In this article we will discuss the Linear Regression channel and some best practices for applying it to your price charts to improve your analysis.


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  • Time Frames: H1, H4, and Daily
  • Currency Pair: GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, and GBPJPY

 

MetaTrader Trading Indicators
  • RendLine “Regression” Channel
  • CCI NRP
  • Ichimoku Tenkan-sen
  • Signal Trend

 

BUY Rules


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  • RendLine “Regression” Channel: Up Trend
  • CCI NRP Line: Blue color and above level 50
  • Ichimoku Tenkan-sen: The candle above the Tenkan-Sen line

 

SELL Rules

  • RendLine “Regression” Channel: Down Trend
  • CCI NRP Line: Red color and below level -50
  • Ichimoku Tenkan-sen: The candle below the Tenkan-Sen line

 

Trading NOTES
  • Initial stop loss on the previous swing
  • After 150-200 pips in gain move stop loss at the entry point (H1 Time Frame Chart)
  • Risk Reward Ratio 1:2 or 1:3

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