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.
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
- Price Channel Stop
- FX Sniper’s LSMA
- Signal Bars
- Madro Golden Filter
- Status Monitor
BUY Rules
- 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