Forex linear regression channel strategy

Posted: casting On: 03.07.2017

I've dipped in and out of these forums for years under a few different Community Links Members List.

Oct 31,5: Hi, First a bit of background I've dipped in and out of these forums for years under a few different user names as I'm always forgetting them ha I've posted a few times mostly asking questions, learnt a lot just by searching and reading what people have to say etc Originally I'd have loved to jack in my job and make a living from this but tbh I never pinned my hopes on it lol.

Now I have a well paid job that I enjoy which has given me probably a more relaxed approached. I don't want to say I treat it like gambling but I guess I look on it more as something of a hobby to occupy my over active brain rather than a means to villa in the sun, like I probably, actually definitely, used to dream of I'll try to post a picture as that will explain what I am doing better but below is a rough summary.

Essentially I use 4 charts, 1 Day, 1 Hr, 5 Min, Tick. I SB through IG Index so use their charting software which I find very good. I use HA to give me my direction.

Linear Regression Channel Definition | Forex Glossary by simyviqoj.web.fc2.com

I then plot Linear Regression LR with standard deviation channels normally set to 2 SD's but I alter this to suit the bar Highs and Low's along the trends that are highlighted by HA. I realise that prices don't move linearly but I find it helps to give me a channel to trade in.

Down if - Price is above LR.

Up if - Price is below LR. Direction of HA bars 5 Min: Direction of HA Bars Tick Chart: Up if - Price is below LR So when all 4 charts are in the same direction I look to open in the direction of the trend.

My opening point is determined by using LR on the tick Chart. I open when the price is close to the LR standard deviation channel levels in the opposite direction to the chart i.

Now here is the bit that most people will probably not like and is where my strategy starts to more resemble betting Sometimes it's a winning trade and sometimes its a losing trade but I am basically using my trend definition as a way to make it more "probable" that the price will move in my direction so I get more winners than losers and therefore make a profit As I said previously when I am disciplined it seems to be profitable and when I'm not disciplined I make a loss: I'll try to forex factory showthread php back in a few weeks and update on how it is working out or not as the case maybe ha Anyway I hope this has been forex linear regression channel strategy at least a bit of interest, I'm not saying this is a system that will consistently work, it is early days but I welcome any comments, questions etc I'll try and attached a pic of my charts to the post which will hopefully illustrate my ramblings better Cheers I move the stop to track the longer term LR Do stores that sell winning lottery tickets get money on the tick chart so my potential loss reduces if the price goes with me I never move the limit though.

Nov 1, Ok so just a quick update All charts are pointing in the right direction at the moment so I'll be looking to open if the price hits the level and then reverses back up.

eSignal Learning: Linear Regression Channel Trading Strategy

Nov 3,5: Originally Work at home schemes bbb by ChattiFX.

Nov 23,1: Ok, so an update on this In a nice strong trend which only really shows after the event obviously the strategy will give ok results but when there is a major forex linear regression channel strategy in direction or sideways movement I just end up chasing the price There was a post by someone on this forum that basically said when all the trends line up in the same direction it's probably at the end and you've missed the boat I can't find the post again to reference the person who said this but I think it's a valid point.

Anyway, one thing I will say is that by simplifying my approach and not using loads of complicated equations, indicators and automated signals I think I might have a better understanding. I actually look at the way the price moves rather than trying to match it up to indicators. Maybe this will help maybe it wont. Once I understand what I am doing better and have a few months of consistent trading I will post again but I'm opening positions where I think I can move the stop to breakeven relatively quickly, mins, with the positions running for maybe an hour or two.

Anyway, I'm fairly happy with the way I'm making decisions and hopefully it will produce a reasonable return I'm not expecting to quadruple my money every few weeks though of course ;- Like I said I will update once I know if I can be consistent through different market conditions etc.

forex linear regression channel strategy

I would be interested in anyone's opinions of the merits of trading what you see rather than relying on algorithms and indicators. I might start a thread on this subject when I understand what I am doing more and can be a bit more specific!!

Linear Regression Channel - Technical Analysis

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forex linear regression channel strategy

LinkBack LinkBack URL About LinkBacks. Notices Join T2W today and enjoy a great package of benefits Originally Posted by ChattiFX Ok so just a quick update Originally Posted by ChattiFX Hi, First a bit of background Sep 10, 6: Dec 6, 3: Looking for advice on Linear Regression.

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