FX Snipper’s LSMA System with Price Channel Stop Filter

High accuracy “Snipper’s LSMA System with Price Channel Stop Filter” –  How to Day Trade with the Least Square Moving Average.

The least squares moving average is used mainly as a crossover signal to identify bullish or bearish trends.


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If the signal changes to an uptrend along with recovery in prices, a buy signal is generated. If the signal changes to a downtrend along with a fall in price, a sell signal is generated.

  • Time Frame: M5 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDJPY, and EURJPY

 

MetaTrader Trading Indicators

 

BUY Rules


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  • FX Sniper’s LSMA Blue line
  • Price Channel Stop Blue line
  • Madro Golden Filter blue signals
  • Status Monitor Trend Up

 

SELL Rules

  • FX Sniper’s LSMA red line
  • Price Channel Stop magenta line
  • Madro Golden Filter red signals
  • Status Monitor Trend Down

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